Durlax Top Surface (NSE:DURLAX) Days Payable : 127.63 (As of Mar. 2023)

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What is Durlax Top Surface Days Payable?

Durlax Top Surface's average Accounts Payable for the six months ended in Mar. 2023 was ₹193.3 Mil. Durlax Top Surface's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹552.8 Mil. Hence, Durlax Top Surface's Days Payable for the six months ended in Mar. 2023 was 63.82.

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

NSE:DURLAX' s Days Payable Range Over the Past 10 Years
Min: 116 Med: 127.63 Max: 185.78
Current: 127.63

During the past 3 years, Durlax Top Surface's highest Days Payable was 185.78. The lowest was 116.00. And the median was 127.63.

NSE:DURLAX's Days Payable is ranked better than
76.96% of 382 companies
in the Building Materials industry
Industry Median: 72.48 vs NSE:DURLAX: 127.63

Durlax Top Surface's Days Payable declined from Mar. 2021 (185.78) to Mar. 2023 (127.63). It may suggest that Durlax Top Surface accelerated paying its suppliers.

Durlax Top Surface Days Payable Historical Data

The historical data trend for Durlax Top Surface'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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Durlax Top Surface Days Payable Chart

Durlax Top Surface Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

185.78

116.00

127.63

Durlax Top Surface Semi-Annual Data
	Mar21	Mar22	Mar23
Days Payable	185.78	116.00	127.63

Competitive Comparison of Durlax Top Surface's Days Payable

For the Building Materials subindustry, Durlax Top Surface'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.

Durlax Top Surface's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Durlax Top Surface's Days Payable distribution charts can be found below:

* The bar in red indicates where Durlax Top Surface's Days Payable falls into.

Durlax Top Surface 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.

Durlax Top Surface's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (178.371	+	208.21)	/	2 )	/	552.77	*	365
=	193.2905					/	552.77	*	365
=	127.63

Durlax Top Surface's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (178.371	+	208.21)	/	2 )	/	552.77	*	365 / 2
=	193.2905					/	552.77	*	365 / 2
=	63.82

Durlax Top Surface Days Payable Related Terms

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Durlax Top Surface Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Durlax Top Surface Ltd (NSE:DURLAX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Vishweshwar Nagar Road, Unit No. 1601, 16th Floor, Synergy Business Park, Premises Co-op Society Ltd, Behind Virwani Industrial Estate, Sahakarwadi, Goregaon (E), Mumbai, MH, IND, 400 063

Website

https://www.durlax.com

Durlax Top Surface Ltd is engaged in the business of manufacturing solid surface material in India. The company operates through two brands namely LUXOR and ASPIRON, that provide a wide range of solid surfaces. LUXOR brand offers Acrylic UV Solid Surfaces, while ASPIRON offers Modified Solid Surfaces.

Durlax Top Surface Headlines

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