Innomet Advanced Materials (NSE:INNOMET) Days Payable : 69.65 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Innomet Advanced Materials Days Payable?

Innomet Advanced Materials's average Accounts Payable for the six months ended in Mar. 2024 was ₹26.0 Mil. Innomet Advanced Materials's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹68.0 Mil. Hence, Innomet Advanced Materials's Days Payable for the six months ended in Mar. 2024 was 69.65.

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

NSE:INNOMET' s Days Payable Range Over the Past 10 Years
Min: 39.69 Med: 46.23 Max: 71.55
Current: 49.73

During the past 4 years, Innomet Advanced Materials's highest Days Payable was 71.55. The lowest was 39.69. And the median was 46.23.

NSE:INNOMET's Days Payable is ranked worse than
73.29% of 1026 companies
in the Metals & Mining industry
Industry Median: 130.785 vs NSE:INNOMET: 49.73

Innomet Advanced Materials's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (69.65). It may suggest that Innomet Advanced Materials delayed paying its suppliers.

Innomet Advanced Materials Days Payable Historical Data

The historical data trend for Innomet Advanced Materials'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.

Innomet Advanced Materials Days Payable Chart

Innomet Advanced Materials Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

71.55

39.69

43.97

48.48

Innomet Advanced Materials Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Days Payable	-	-	-	37.11	69.65

Competitive Comparison of Innomet Advanced Materials's Days Payable

For the Other Industrial Metals & Mining subindustry, Innomet Advanced Materials'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.

Innomet Advanced Materials's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Innomet Advanced Materials's Days Payable distribution charts can be found below:

* The bar in red indicates where Innomet Advanced Materials's Days Payable falls into.

Save Embed

;

Save Embed

;

Innomet Advanced Materials 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.

Innomet Advanced Materials'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
=	( (16.409	+	28.001)	/	2 )	/	167.185	*	365
=	22.205					/	167.185	*	365
=	48.48

Innomet Advanced Materials'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (23.919	+	28.001)	/	2 )	/	68.019	*	365 / 2
=	25.96					/	68.019	*	365 / 2
=	69.65

Innomet Advanced Materials Days Payable Related Terms

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

Innomet Advanced Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Innomet Advanced Materials Ltd (NSE:INNOMET) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram, Medak, Hyderabad, TG, IND, 502032

Website

https://www.innomet.net

Innomet Advanced Materials Ltd is engaged in manufacturing and supplying Ferrous & Non-Ferrous Metal/Alloy Powders and Tungsten Heavy Alloy components. It has 2 divisions with brand names as under: Innomet Powders, and Innotung. Innomet Powders is a manufacturer of Metal and Alloy Powders through water, air and gas atomization processes. Innotung is the brand name for The Tungsten Heavy Alloy series manufactured through the Powder Metallurgy process by the Company. it supplies the material in the form of bars, plates, cubes, spheres and components of various sizes and shapes also in the finished machined condition as per customer drawings.

Innomet Advanced Materials Headlines

No Headlines