Tatva Chintan Pharma Chem (BOM:543321) Days Payable : 99.07 (As of Mar. 2024)

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What is Tatva Chintan Pharma Chem Days Payable?

Tatva Chintan Pharma Chem's average Accounts Payable for the three months ended in Mar. 2024 was ₹450 Mil. Tatva Chintan Pharma Chem's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹415 Mil. Hence, Tatva Chintan Pharma Chem's Days Payable for the three months ended in Mar. 2024 was 99.07.

The historical rank and industry rank for Tatva Chintan Pharma Chem's Days Payable or its related term are showing as below:

BOM:543321' s Days Payable Range Over the Past 10 Years
Min: 61.91 Med: 75.85 Max: 91.15
Current: 68.79

During the past 6 years, Tatva Chintan Pharma Chem's highest Days Payable was 91.15. The lowest was 61.91. And the median was 75.85.

BOM:543321's Days Payable is ranked better than
57.51% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs BOM:543321: 68.79

Tatva Chintan Pharma Chem's Days Payable increased from Mar. 2023 (39.16) to Mar. 2024 (99.07). It may suggest that Tatva Chintan Pharma Chem delayed paying its suppliers.

Tatva Chintan Pharma Chem Days Payable Historical Data

The historical data trend for Tatva Chintan Pharma Chem's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tatva Chintan Pharma Chem Days Payable Chart

Tatva Chintan Pharma Chem Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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70.85

91.15

80.84

61.91

80.91

Tatva Chintan Pharma Chem Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial												39.16	50.60	52.01	51.97	99.07

Competitive Comparison of Tatva Chintan Pharma Chem's Days Payable

For the Specialty Chemicals subindustry, Tatva Chintan Pharma Chem's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tatva Chintan Pharma Chem's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tatva Chintan Pharma Chem's Days Payable distribution charts can be found below:

* The bar in red indicates where Tatva Chintan Pharma Chem's Days Payable falls into.

Tatva Chintan Pharma Chem Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Tatva Chintan Pharma Chem's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (321.88	+	450.31)	/	2 )	/	1741.82	*	365
=	386.095					/	1741.82	*	365
=	80.91

Tatva Chintan Pharma Chem's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	450.31)	/	1 )	/	414.78	*	365 / 4
=	450.31					/	414.78	*	365 / 4
=	99.07

Tatva Chintan Pharma Chem Days Payable Related Terms

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Tatva Chintan Pharma Chem (BOM:543321) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tatva Chintan Pharma Chem Ltd (BOM:543321) » Definitions » Days Payable

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Traded in Other Exchanges

TATVA:India

Address

Plot No. 353, Makarpura GIDC, Vadodara, GJ, IND, 390010

Website

https://www.tatvachintan.com

Tatva Chintan Pharma Chem Ltd is a specialty chemicals manufacturing company engaged in the manufacturing and selling of specialty chemicals, Pharma and Agro intermediates, Quaternary Compounds, and Quats. The company's product portfolio includes structure-directing agents, phase transfer catalysts, electrolyte salts for supercapacitor batteries, pharmaceutical and agrochemical intermediates and other specialty chemicals. The company sells its products in domestic as well as overseas markets, with the majority of revenue coming from overseas markets.

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