Engro Polymer & Chemicals (KAR:EPCL) Days Payable : 56.15 (As of Sep. 2024)

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What is Engro Polymer & Chemicals Days Payable?

Engro Polymer & Chemicals's average Accounts Payable for the three months ended in Sep. 2024 was ₨11,672 Mil. Engro Polymer & Chemicals's Cost of Goods Sold for the three months ended in Sep. 2024 was ₨18,969 Mil. Hence, Engro Polymer & Chemicals's Days Payable for the three months ended in Sep. 2024 was 56.15.

The historical rank and industry rank for Engro Polymer & Chemicals's Days Payable or its related term are showing as below:

KAR:EPCL' s Days Payable Range Over the Past 10 Years
Min: 20.37 Med: 42.16 Max: 146.6
Current: 59.26

During the past 12 years, Engro Polymer & Chemicals's highest Days Payable was 146.60. The lowest was 20.37. And the median was 42.16.

KAR:EPCL's Days Payable is ranked worse than
51.26% of 1504 companies
in the Chemicals industry
Industry Median: 60.18 vs KAR:EPCL: 59.26

Engro Polymer & Chemicals's Days Payable declined from Sep. 2023 (59.67) to Sep. 2024 (56.15). It may suggest that Engro Polymer & Chemicals accelerated paying its suppliers.

Engro Polymer & Chemicals Days Payable Historical Data

The historical data trend for Engro Polymer & Chemicals'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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Engro Polymer & Chemicals Days Payable Chart

Engro Polymer & Chemicals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.62

45.69

30.16

25.45

20.37

Engro Polymer & Chemicals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															59.67	51.25	48.31	74.78	56.15

Competitive Comparison of Engro Polymer & Chemicals's Days Payable

For the Chemicals subindustry, Engro Polymer & Chemicals'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.

Engro Polymer & Chemicals's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Engro Polymer & Chemicals's Days Payable distribution charts can be found below:

* The bar in red indicates where Engro Polymer & Chemicals's Days Payable falls into.

Engro Polymer & Chemicals 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.

Engro Polymer & Chemicals's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (3794.396	+	2961.867)	/	2 )	/	60535.612	*	365
=	3378.1315					/	60535.612	*	365
=	20.37

Engro Polymer & Chemicals's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (13381.94	+	9962.001)	/	2 )	/	18969.291	*	365 / 4
=	11671.9705					/	18969.291	*	365 / 4
=	56.15

Engro Polymer & Chemicals Days Payable Related Terms

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Engro Polymer & Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Engro Polymer & Chemicals Ltd (KAR:EPCL) » Definitions » Days Payable

Comparable Companies

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EPCLPS.PFD:Pakistan

Address

Khayaban-e-Iqbal, 12th Floor, Ocean Tower, G-3, Block 9, Clifton, Karachi, SD, PAK, 75600

Website

http://www.engropolymer.com

Engro Polymer & Chemicals Ltd is a chlor vinyl chemical company. The activity of the firm is to produce and market chlor-vinyl products, which include polyvinyl chloride (PVC), vinyl chloride monomer (VCM), caustic soda, hydrochloric acid, and sodium hypochlorite. Engro Polymer operates in three segments: Poly Vinyl Chloride (PVC) and Allied Chemicals segment which generates the majority of revenue from manufacturing and selling PVC and allied chemicals to various industrial customers, including pipe manufacturers, shoe, and packaging industry. The Caustic Soda and Allied Chemicals segment manufactures and sells caustic soda and allied chemicals to the textile and soap industry. The power supply segment supplies surplus power generated from its power plants to Engro Fertilizers Limited.

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