AG Universal (NSE:AGUL) Days Payable : 85.11 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is AG Universal Days Payable?

AG Universal's average Accounts Payable for the six months ended in Sep. 2024 was ₹127.1 Mil. AG Universal's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹272.6 Mil. Hence, AG Universal's Days Payable for the six months ended in Sep. 2024 was 85.11.

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

NSE:AGUL' s Days Payable Range Over the Past 10 Years
Min: 13.41 Med: 65.73 Max: 87.18
Current: 66.41

During the past 5 years, AG Universal's highest Days Payable was 87.18. The lowest was 13.41. And the median was 65.73.

NSE:AGUL's Days Payable is ranked better than
70.38% of 601 companies
in the Steel industry
Industry Median: 39.45 vs NSE:AGUL: 66.41

AG Universal's Days Payable increased from Sep. 2023 (58.30) to Sep. 2024 (85.11). It may suggest that AG Universal delayed paying its suppliers.

AG Universal Days Payable Historical Data

The historical data trend for AG Universal'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.

AG Universal Days Payable Chart

AG Universal Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

87.18

24.65

13.41

65.73

74.06

AG Universal Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial			36.55	84.45	58.30	55.81	85.11

Competitive Comparison of AG Universal's Days Payable

For the Steel subindustry, AG Universal'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.

AG Universal's Days Payable Distribution in the Steel Industry

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

* The bar in red indicates where AG Universal's Days Payable falls into.

Save Embed

;

Save Embed

;

AG Universal 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.

AG Universal'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
=	( (161.375	+	127.588)	/	2 )	/	712.068	*	365
=	144.4815					/	712.068	*	365
=	74.06

AG Universal'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: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (127.588	+	126.682)	/	2 )	/	272.61	*	365 / 2
=	127.135					/	272.61	*	365 / 2
=	85.11

AG Universal Days Payable Related Terms

Thank you for viewing the detailed overview of AG Universal's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

AG Universal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » AG Universal Ltd (NSE:AGUL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 2, Arihant Nagar, 1st Floor, Shivaji Park, Punjabi Bagh West, West Delhi, New Delhi, IND, 110026

Website

https://www.aguniversal.co.in

AG Universal Ltd operates as a supplier of industrial MS Tubes, GI Pipes, and Hollow Sections. The company's product range includes Stainless Steel Pipes, Mild Steel Pipes, ERW Black Pipes, GI Pipes, Hollow Sections, uPVC Pipes, cPVC Pipes, TMT Bars, Wire Rods, MS Wire, CR Coils, and HR Coils. The company's operating segments are Trading Division -Plants / Iron Products / Ultramaxx Batteries / S S Utensils, Manufacturing Division - Aluminium Extruded Profile and Real Estate Division.

AG Universal Headlines

No Headlines