Antarctica (NSE:ANTGRAPHIC) Days Payable: 48.16 (As of Mar. 2024)

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NSE:ANTGRAPHIC Antarctica Ltd NSE:ANTGRAPHIC
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What is Antarctica Days Payable?

Antarctica NSE:ANTGRAPHIC -1.32% 4 Days Payable is 48.16 as of Mar. 2024. GuruFocus rates NSE:ANTGRAPHIC with a GF Score™ of 4/100.

Antarctica's average Accounts Payable for the three months ended in Mar. 2024 was ₹0.55 Mil. Antarctica's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1.04 Mil. Hence, Antarctica's Days Payable for the three months ended in Mar. 2024 was 48.16.

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

NSE:ANTGRAPHIC's Days Payable is not ranked *
in the Packaging & Containers industry.
Industry Median: 57.265
* Ranked among companies with meaningful Days Payable only.

Antarctica's Days Payable increased from Mar. 2023 (42.04) to Mar. 2024 (48.16). It may suggest that Antarctica delayed paying its suppliers.


Antarctica Days Payable Historical Data

* Premium members only.

The historical data trend for Antarctica'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.

Antarctica Days Payable Chart

Antarctica Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 212.33 133.47 103.55 142.62 48.45

Antarctica 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 42.04 55.16 2.98 3.06 48.16

NSE:ANTGRAPHIC vs IP, SW, PKG: Days Payable Comparison

For the Packaging & Containers subindustry, Antarctica'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.


Antarctica Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Antarctica's Days Payable distribution charts can be found below:

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


NSE:ANTGRAPHIC
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Antarctica Ltd NSE:ANTGRAPHIC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Antarctica 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.

Antarctica'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
=( (0.428 + 0.55) / 2 ) / 3.684*365
=0.489 / 3.684*365
=48.45

Antarctica'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
=( (0 + 0.55) / 1 ) / 1.042*365 / 4
=0.55 / 1.042*365 / 4
=48.16

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 48.16 mean?
Antarctica (NSE:ANTGRAPHIC) has a Days Payable of 48.16 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Antarctica and its competitors.
Is Antarctica's Days Payable too high?
Antarctica's current Days Payable is 48.16. The Packaging & Containers industry median Days Payable is 57.27. Antarctica's value of 48.16 is 15.9% below this industry median. Overall, Antarctica has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Antarctica's Days Payable compare to IP and SW?
Antarctica's Days Payable of 48.16 can be compared against companies in the Packaging & Containers industry. The industry median Days Payable is 57.27. Antarctica's value of 48.16 is 15.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 382 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antarctica's current Days Payable of 48.16 is 15.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Antarctica and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antarctica's current Days Payable is 48.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antarctica stock overvalued right now?
Antarctica (NSE:ANTGRAPHIC) has a current Days Payable of 48.16. The current Days Payable is 48.16 and 15.9% below the Packaging & Containers industry median of 57.27. Antarctica's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Antarctica (NSE:ANTGRAPHIC), the current Days Payable is 48.16 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Antarctica Business Description

Address 41/A, Tara Chand Dutta Street, Chittaranjan Avenue (Kolkata), Kolkata, WB, IND, 700073
Antarctica Ltd is engaged in the packing and printing business. The company is mainly engaged in carton box manufacturing, labels printing, tea bags and other packaging items. The company manufactures printed packaging cartons/boxes of international standards and specifications. The revenue is generated from the sale of products.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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