Lead Reclaim and Rubber Products (NSE:LRRPL) Days Payable: 57.05 (As of Mar. 2024)


NSE:LRRPL Lead Reclaim and Rubber Products Ltd NSE:LRRPL
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Price ₹92.50
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What is Lead Reclaim and Rubber Products Days Payable?

Lead Reclaim and Rubber Products NSE:LRRPL +2.78% 14 Days Payable is 57.05 as of Mar. 2024. GuruFocus rates NSE:LRRPL with a GF Score™ of 14/100.

Lead Reclaim and Rubber Products's average Accounts Payable for the six months ended in Mar. 2024 was ₹21.9 Mil. Lead Reclaim and Rubber Products's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹69.9 Mil. Hence, Lead Reclaim and Rubber Products's Days Payable for the six months ended in Mar. 2024 was 57.05.

The historical rank and industry rank for Lead Reclaim and Rubber Products's Days Payable or its related term are showing as below:

NSE:LRRPL's Days Payable is not ranked *
in the Chemicals industry.
Industry Median: 59.95
* Ranked among companies with meaningful Days Payable only.

Lead Reclaim and Rubber Products's Days Payable declined from Mar. 2023 (68.48) to Mar. 2024 (57.05). It may suggest that Lead Reclaim and Rubber Products accelerated paying its suppliers.

Lead Reclaim and Rubber Products Days Payable Related Terms

Lead Reclaim and Rubber Products Days Payable Historical Data

* Premium members only.

The historical data trend for Lead Reclaim and Rubber Products'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.

Lead Reclaim and Rubber Products Days Payable Chart

Lead Reclaim and Rubber Products Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
154.68 95.73 55.09 66.48 78.11

Lead Reclaim and Rubber Products Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Payable Get a 7-Day Free Trial 0.00 72.54 68.48 67.04 57.05

NSE:LRRPL vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Lead Reclaim and Rubber Products'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.

Lead Reclaim and Rubber Products Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lead Reclaim and Rubber Products's Days Payable distribution charts can be found below:

* The bar in red indicates where Lead Reclaim and Rubber Products's Days Payable falls into.


NSE:LRRPL
14GF Score
Lead Reclaim and Rubber Products Ltd NSE:LRRPL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lead Reclaim and Rubber Products 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.

Lead Reclaim and Rubber Products'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
=( (10.2 + 32.3) / 2 ) / 99.3*365
=21.25 / 99.3*365
=78.11

Lead Reclaim and Rubber Products'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
=( (11.4 + 32.3) / 2 ) / 69.9*365 / 2
=21.85 / 69.9*365 / 2
=57.05

* 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 57.05 mean?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a Days Payable of 57.05 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 Lead Reclaim and Rubber Products and its competitors.
Is Lead Reclaim and Rubber Products' Days Payable too high?
Lead Reclaim and Rubber Products' current Days Payable is 57.05. The Chemicals industry median Days Payable is 59.95. Lead Reclaim and Rubber Products' value of 57.05 is 4.8% below this industry median. Overall, Lead Reclaim and Rubber Products has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Lead Reclaim and Rubber Products' Days Payable compare to LIN and SHW?
Lead Reclaim and Rubber Products' Days Payable of 57.05 can be compared against companies in the Chemicals industry. The industry median Days Payable is 59.95. Lead Reclaim and Rubber Products' value of 57.05 is 4.8% 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.95, based on 1,555 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. Lead Reclaim and Rubber Products's current Days Payable of 57.05 is 4.8% 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 Lead Reclaim and Rubber Products and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lead Reclaim and Rubber Products's current Days Payable is 57.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lead Reclaim and Rubber Products stock overvalued right now?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a current Days Payable of 57.05. The current Days Payable is 57.05 and 4.8% below the Chemicals industry median of 59.95. Lead Reclaim and Rubber Products' overall GF Score™ is 14/100. 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 Lead Reclaim and Rubber Products (NSE:LRRPL), the current Days Payable is 57.05 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.

Lead Reclaim and Rubber Products Business Description

Address 856/4 Village Pethai Sarali Road, Kheda, GJ, IND, 387630
Lead Reclaim and Rubber Products Ltd manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Some of its products include Whole Tyre Reclaim Rubbers, Butyl Tube Reclaim Rubber, and Natural Tube Reclaim Rubber.
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