Southern Petrochemicals Industries (BOM:590030) Days Payable : 7.41 (As of Dec. 2024)

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What is Southern Petrochemicals Industries Days Payable?

Southern Petrochemicals Industries's average Accounts Payable for the three months ended in Dec. 2024 was ₹501 Mil. Southern Petrochemicals Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹6,173 Mil. Hence, Southern Petrochemicals Industries's Days Payable for the three months ended in Dec. 2024 was 7.41.

The historical rank and industry rank for Southern Petrochemicals Industries's Days Payable or its related term are showing as below:

BOM:590030' s Days Payable Range Over the Past 10 Years
Min: 15.37 Med: 219.53 Max: 470.34
Current: 15.37

During the past 13 years, Southern Petrochemicals Industries's highest Days Payable was 470.34. The lowest was 15.37. And the median was 219.53.

BOM:590030's Days Payable is ranked worse than
93.06% of 245 companies
in the Agriculture industry
Industry Median: 70.91 vs BOM:590030: 15.37

Southern Petrochemicals Industries's Days Payable declined from Dec. 2023 (29.36) to Dec. 2024 (7.41). It may suggest that Southern Petrochemicals Industries accelerated paying its suppliers.

Southern Petrochemicals Industries Days Payable Historical Data

The historical data trend for Southern Petrochemicals Industries'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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Southern Petrochemicals Industries Days Payable Chart

Southern Petrochemicals Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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363.87

470.34

219.00

97.32

91.57

Southern Petrochemicals Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															29.36	70.51	10.37	8.25	7.41

Competitive Comparison of Southern Petrochemicals Industries's Days Payable

For the Agricultural Inputs subindustry, Southern Petrochemicals Industries'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.

Southern Petrochemicals Industries's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Southern Petrochemicals Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Southern Petrochemicals Industries's Days Payable falls into.

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Southern Petrochemicals Industries 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.

Southern Petrochemicals Industries'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
=	( (6023.1	+	619.1)	/	2 )	/	13237.9	*	365
=	3321.1					/	13237.9	*	365
=	91.57

Southern Petrochemicals Industries's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (501.3	+	0)	/	1 )	/	6173.3	*	365 / 4
=	501.3					/	6173.3	*	365 / 4
=	7.41

Southern Petrochemicals Industries Days Payable Related Terms

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Southern Petrochemicals Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Southern Petrochemicals Industries Corp Ltd (BOM:590030) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SPIC:India

Address

Number 88 Mount Road, SPIC House, Guindy, Chennai, TN, IND, 600 032

Website

https://www.spic.in

Southern Petrochemicals Industries Corp Ltd is a fertilizer manufacturing company. It is engaged in the manufacture and sale of Urea. The company produces fertilizers to improve soil consistency and efficiency for the agricultural sector. It offers products like chemical fertilizers, water-soluble fertilizers, organic fertilizers, micronutrients, plant growth regulators, and industrial products. The company earns revenue primarily from the sale of Urea.

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