Maithan Alloys (NSE:MAITHANALL) Days Payable : 18.22 (As of Dec. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Maithan Alloys Days Payable?

Maithan Alloys's average Accounts Payable for the three months ended in Dec. 2024 was ₹893 Mil. Maithan Alloys's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹4,473 Mil. Hence, Maithan Alloys's Days Payable for the three months ended in Dec. 2024 was 18.22.

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

NSE:MAITHANALL' s Days Payable Range Over the Past 10 Years
Min: 28.23 Med: 41.95 Max: 72.54
Current: 28.23

During the past 13 years, Maithan Alloys's highest Days Payable was 72.54. The lowest was 28.23. And the median was 41.95.

NSE:MAITHANALL's Days Payable is ranked worse than
64.83% of 600 companies
in the Steel industry
Industry Median: 39.165 vs NSE:MAITHANALL: 28.23

Maithan Alloys's Days Payable declined from Dec. 2023 (42.08) to Dec. 2024 (18.22). It may suggest that Maithan Alloys accelerated paying its suppliers.

Maithan Alloys Days Payable Historical Data

The historical data trend for Maithan Alloys'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.

Maithan Alloys Days Payable Chart

Maithan Alloys Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

40.88

39.91

45.12

33.19

30.64

Maithan Alloys Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															42.08	21.20	26.47	23.27	18.22

Competitive Comparison of Maithan Alloys's Days Payable

For the Steel subindustry, Maithan Alloys'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.

Maithan Alloys's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Maithan Alloys's Days Payable distribution charts can be found below:

* The bar in red indicates where Maithan Alloys's Days Payable falls into.

Save Embed

;

Save Embed

;

Maithan Alloys 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.

Maithan Alloys'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
=	( (1504.5	+	876.7)	/	2 )	/	14181.4	*	365
=	1190.6					/	14181.4	*	365
=	30.64

Maithan Alloys's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (893.1	+	0)	/	1 )	/	4473.1	*	365 / 4
=	893.1					/	4473.1	*	365 / 4
=	18.22

Maithan Alloys Days Payable Related Terms

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

Maithan Alloys Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Maithan Alloys Ltd (NSE:MAITHANALL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

590078:India

Address

Village Debipur, P.O. Kalyaneshwari, District Paschim Bardhaman, Burdwan, WB, IND, 713369

Website

https://www.maithanalloys.com

Maithan Alloys Ltd is an India-based company engaged in the business of manufacturing and exporting all three bulk Ferroalloys- Ferro Manganese, Silico Manganese, and Ferro Silicon. It is also involved in the generation and supply of Wind Power and has a Captive Power Plant. Geographically the group has a business presence in India and Outside India, of which key revenue is derived from Outside India.

Maithan Alloys Headlines

No Headlines