Himadri Speciality Chemical (NSE:HSCL) Days Payable : 60.56 (As of Mar. 2024)

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What is Himadri Speciality Chemical Days Payable?

Himadri Speciality Chemical's average Accounts Payable for the three months ended in Mar. 2024 was ₹5,704 Mil. Himadri Speciality Chemical's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹8,595 Mil. Hence, Himadri Speciality Chemical's Days Payable for the three months ended in Mar. 2024 was 60.56.

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

NSE:HSCL' s Days Payable Range Over the Past 10 Years
Min: 35.15 Med: 58.42 Max: 99.62
Current: 53.97

During the past 13 years, Himadri Speciality Chemical's highest Days Payable was 99.62. The lowest was 35.15. And the median was 58.42.

NSE:HSCL's Days Payable is ranked worse than
57.31% of 1497 companies
in the Chemicals industry
Industry Median: 60.59 vs NSE:HSCL: 53.97

Himadri Speciality Chemical's Days Payable increased from Mar. 2023 (40.06) to Mar. 2024 (60.56). It may suggest that Himadri Speciality Chemical delayed paying its suppliers.

Himadri Speciality Chemical Days Payable Historical Data

The historical data trend for Himadri Speciality Chemical'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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Himadri Speciality Chemical Days Payable Chart

Himadri Speciality Chemical Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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99.62

56.31

75.39

62.92

55.00

Himadri Speciality Chemical 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															40.06	44.99	54.45	52.29	60.56

Competitive Comparison of Himadri Speciality Chemical's Days Payable

For the Specialty Chemicals subindustry, Himadri Speciality Chemical'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.

Himadri Speciality Chemical's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Himadri Speciality Chemical's Days Payable falls into.

Himadri Speciality Chemical 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.

Himadri Speciality Chemical'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
=	( (3455.886	+	5703.629)	/	2 )	/	30393.628	*	365
=	4579.7575					/	30393.628	*	365
=	55.00

Himadri Speciality Chemical'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	+	5703.629)	/	1 )	/	8594.628	*	365 / 4
=	5703.629					/	8594.628	*	365 / 4
=	60.56

Himadri Speciality Chemical Days Payable Related Terms

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Himadri Speciality Chemical (NSE:HSCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Himadri Speciality Chemical Ltd (NSE:HSCL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

500184:India

Address

India Exchange Place, 2nd Floor, Ruby House 8, Kolkata, WB, IND, 700 001

Website

https://www.himadri.com

Himadri Speciality Chemical Ltd is an Indian Coal Tar Pitch manufacturer with supplies to aluminium and graphite manufacturers. The company operates its business through two segments, which include Carbon Materials and chemicals; and Power. Through its operating segments, the company serves coal tar pitch to various industries to help manufacture aluminum, graphite electrodes, warhead missiles, lithium-ion batteries, and sulphonated naphthalene formaldehyde. Himadri also generates power through the windmills, which is marketed to the state electricity grid. Most of its revenue gets derived from the Carbon materials and chemicals segment. The group has a business presence in India and Outside India.

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