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International Industries (KAR:INIL) Days Payable : 32.55 (As of Mar. 2024)


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What is International Industries Days Payable?

International Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₨8,037 Mil. International Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨22,532 Mil. Hence, International Industries's Days Payable for the three months ended in Mar. 2024 was 32.55.

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

KAR:INIL' s Days Payable Range Over the Past 10 Years
Min: 9.37   Med: 25.96   Max: 67.32
Current: 34.15

During the past 13 years, International Industries's highest Days Payable was 67.32. The lowest was 9.37. And the median was 25.96.

KAR:INIL's Days Payable is ranked worse than
59.56% of 586 companies
in the Steel industry
Industry Median: 41.43 vs KAR:INIL: 34.15

International Industries's Days Payable increased from Mar. 2023 (25.03) to Mar. 2024 (32.55). It may suggest that International Industries delayed paying its suppliers.


International Industries Days Payable Historical Data

The historical data trend for International 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.

* Premium members only.

International Industries Days Payable Chart

International Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.50 27.81 18.61 9.37 18.35

International Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.03 40.08 28.70 31.88 32.55

Competitive Comparison of International Industries's Days Payable

For the Steel subindustry, International 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.


International Industries's Days Payable Distribution in the Steel Industry

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

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



International 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.

International Industries's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2554.032 + 6066.778) / 2 ) / 85727.414*365
=4310.405 / 85727.414*365
=18.35

International Industries'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
=( (7266.895 + 8807.282) / 2 ) / 22532.233*365 / 4
=8037.0885 / 22532.233*365 / 4
=32.55

* 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.


International Industries Days Payable Related Terms

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International Industries (KAR:INIL) Business Description

Traded in Other Exchanges
N/A
Address
10 Beaumont Road, 101, Beaumont Plaza, Karachi, SD, PAK, 75530
International Industries Ltd is a Pakistan-based company engaged in manufacturing and marketing steel pipes and tubes. It operates through three segments namely Steel, Polymer, and Investment. The company generates maximum revenue from the Steel segment. Geographically, it derives a majority of its revenue from Pakistan and also has a presence in Asia, Europe, Australia, Africa, and the Americas. The company's product includes Galvanized Iron Pipe (GI Pipe); IIL MS Sch 40; Cold Rolled Steel Tubing; Scaffolding Pipe (Safescaf); Megaflo 100 (HDPE Water Pipe); Flexflo 80/100 (MDPE Gas Pipe); Cosmo (SS 304); FORZA (SS 409) and others. Its product is used in Hotels; Shopping malls; Kitchen and restaurant equipment; Educational institutions; Resorts and farmhouses; Swimming pools; etc.

International Industries (KAR:INIL) Headlines

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