Ambani Orgochem (NSE:AMBANIORGO) Days Payable : 122.00 (As of Mar. 2024)

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What is Ambani Orgochem Days Payable?

Ambani Orgochem's average Accounts Payable for the six months ended in Mar. 2024 was ₹389 Mil. Ambani Orgochem's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹1,164 Mil. Hence, Ambani Orgochem's Days Payable for the six months ended in Mar. 2024 was 61.00.

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

NSE:AMBANIORGO' s Days Payable Range Over the Past 10 Years
Min: 56.18 Med: 115.15 Max: 129.43
Current: 122

During the past 8 years, Ambani Orgochem's highest Days Payable was 129.43. The lowest was 56.18. And the median was 115.15.

NSE:AMBANIORGO's Days Payable is ranked better than
84% of 1519 companies
in the Chemicals industry
Industry Median: 57.65 vs NSE:AMBANIORGO: 122.00

Ambani Orgochem's Days Payable increased from Mar. 2022 (56.18) to Mar. 2024 (122.00). It may suggest that Ambani Orgochem delayed paying its suppliers.

Ambani Orgochem Days Payable Historical Data

The historical data trend for Ambani Orgochem'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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Ambani Orgochem Days Payable Chart

Ambani Orgochem Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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119.41

78.40

56.18

62.65

122.00

Ambani Orgochem Semi-Annual Data
	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Days Payable	Get a 7-Day Free Trial			119.41	78.40	56.18	62.65	122.00

Competitive Comparison of Ambani Orgochem's Days Payable

For the Specialty Chemicals subindustry, Ambani Orgochem'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.

Ambani Orgochem's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Ambani Orgochem's Days Payable falls into.

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Ambani Orgochem 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.

Ambani Orgochem'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
=	( (214.825	+	563.246)	/	2 )	/	1163.871	*	365
=	389.0355					/	1163.871	*	365
=	122.00

Ambani Orgochem'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: Mar. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (214.825	+	563.246)	/	2 )	/	1163.871	*	365 / 2
=	389.0355					/	1163.871	*	365 / 2
=	61.00

Ambani Orgochem Days Payable Related Terms

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Ambani Orgochem Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ambani Orgochem Ltd (NSE:AMBANIORGO) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

Western Express Highway, 801, 8th Floor, 351 - ICON, Next to Natraj Rustomji, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.ambaniorganics.com

Ambani Orgochem Ltd operates in the specialty chemicals industry. It is a manufacturer, processor, importer, supplier, and exporter of chemicals and dyes used in the Painting and Textile Industry. Its product portfolio includes organic peroxides, paint driers, accelerators, and acrylic emulsions. Geographically, it derives a majority of its revenue from India.

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