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International Conveyors (NSE:INTLCONV) Days Payable : 172.81 (As of Mar. 2024)


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What is International Conveyors Days Payable?

International Conveyors's average Accounts Payable for the three months ended in Mar. 2024 was ₹202 Mil. International Conveyors's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹106 Mil. Hence, International Conveyors's Days Payable for the three months ended in Mar. 2024 was 172.81.

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

NSE:INTLCONV' s Days Payable Range Over the Past 10 Years
Min: 63.67   Med: 89.03   Max: 125.24
Current: 118.25

During the past 13 years, International Conveyors's highest Days Payable was 125.24. The lowest was 63.67. And the median was 89.03.

NSE:INTLCONV's Days Payable is ranked better than
69.14% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs NSE:INTLCONV: 118.25

International Conveyors's Days Payable increased from Mar. 2023 (87.41) to Mar. 2024 (172.81). It may suggest that International Conveyors delayed paying its suppliers.


International Conveyors Days Payable Historical Data

The historical data trend for International Conveyors'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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International Conveyors Days Payable Chart

International Conveyors 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 93.14 60.29 80.01 90.13 125.24

International Conveyors 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 87.41 93.80 83.78 164.25 172.81

Competitive Comparison of International Conveyors's Days Payable

For the Specialty Industrial Machinery subindustry, International Conveyors'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.


International Conveyors's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, International Conveyors's Days Payable distribution charts can be found below:

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



International Conveyors 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.

International Conveyors'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
=( (245.99 + 201.5) / 2 ) / 652.1*365
=223.745 / 652.1*365
=125.24

International Conveyors'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 + 201.5) / 1 ) / 106.4*365 / 4
=201.5 / 106.4*365 / 4
=172.81

* 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.


International Conveyors Days Payable Related Terms

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International Conveyors (NSE:INTLCONV) Business Description

Traded in Other Exchanges
Address
10, Middleton Row, Kolkata, WB, IND, 700071
International Conveyors Ltd is engaged in manufacturing and trading of Conveyor belting; trading of Ply Conveyor Belting, Steel Cord Conveyor Belting and fitting and accessories; and generation and sale of power. It manufactures and distributes PVC fire resistant antistatic solid woven coal conveyor belt. The company operates its business through the segments of Conveyor Belting, Wind Energy, and Trading Goods segment. The Conveyor Belting segment, which is the key revenue driver, includes PVC fire-resistant antistatic solid woven coal conveyor belting whereas the Wind Energy segment includes generation, supply, and sale of wind power. The group sells its products in India and also exports them to other countries, of which key revenue is derived from the export sales made.

International Conveyors (NSE:INTLCONV) Headlines

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