Royal Ceramics Lanka (COL:RCL.N0000) Days Payable : 58.89 (As of Mar. 2024)

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What is Royal Ceramics Lanka Days Payable?

Royal Ceramics Lanka's average Accounts Payable for the three months ended in Mar. 2024 was රු5,361 Mil. Royal Ceramics Lanka's Cost of Goods Sold for the three months ended in Mar. 2024 was රු8,307 Mil. Hence, Royal Ceramics Lanka's Days Payable for the three months ended in Mar. 2024 was 58.89.

The historical rank and industry rank for Royal Ceramics Lanka's Days Payable or its related term are showing as below:

COL:RCL.N0000' s Days Payable Range Over the Past 10 Years
Min: 28.52 Med: 35.89 Max: 49.98
Current: 48.26

During the past 13 years, Royal Ceramics Lanka's highest Days Payable was 49.98. The lowest was 28.52. And the median was 35.89.

COL:RCL.N0000's Days Payable is ranked worse than
72.48% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs COL:RCL.N0000: 48.26

Royal Ceramics Lanka's Days Payable increased from Mar. 2023 (47.54) to Mar. 2024 (58.89). It may suggest that Royal Ceramics Lanka delayed paying its suppliers.

Royal Ceramics Lanka Days Payable Historical Data

The historical data trend for Royal Ceramics Lanka'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.

* Premium members only.

Royal Ceramics Lanka Days Payable Chart

Royal Ceramics Lanka Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

38.08

31.04

36.14

31.11

28.52

Royal Ceramics Lanka Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															47.54	44.90	57.23	51.81	58.89

Competitive Comparison of Royal Ceramics Lanka's Days Payable

For the Building Products & Equipment subindustry, Royal Ceramics Lanka'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.

Royal Ceramics Lanka's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Royal Ceramics Lanka's Days Payable distribution charts can be found below:

* The bar in red indicates where Royal Ceramics Lanka's Days Payable falls into.

Royal Ceramics Lanka 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.

Royal Ceramics Lanka'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
=	( (2684.767	+	3208.144)	/	2 )	/	37704.491	*	365
=	2946.4555					/	37704.491	*	365
=	28.52

Royal Ceramics Lanka'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
=	( (7513.507	+	3208.144)	/	2 )	/	8307.233	*	365 / 4
=	5360.8255					/	8307.233	*	365 / 4
=	58.89

Royal Ceramics Lanka Days Payable Related Terms

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Royal Ceramics Lanka (COL:RCL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Royal Ceramics Lanka PLC (COL:RCL.N0000) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 20, R.A. De Mel Mawatha, Colombo, LKA, 03

Website

https://www.rocell.com

Royal Ceramics Lanka PLC is engaged in the manufacture and marketing of porcelain and ceramic tiles, wall tiles, floor tiles along with sanitary ware and the holding of investments. The group is organized into business units based on its products and services and has seven reportable segments, as follows: Tiles and Associated Items, Packaging, Sanitary Ware, Plantation, Finance, Aluminum Products, and Other. It generates maximum revenue from the Tiles and Associated Items segment. Geographically, it derives a majority of revenue from Sri Lanka.

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