Petro Carbon and Chemical (NSE:PCCL) Days Payable : 0.49 (As of Mar. 2023)

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What is Petro Carbon and Chemical Days Payable?

Petro Carbon and Chemical's average Accounts Payable for the six months ended in Mar. 2023 was ₹6 Mil. Petro Carbon and Chemical's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹4,492 Mil. Hence, Petro Carbon and Chemical's Days Payable for the six months ended in Mar. 2023 was 0.24.

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

NSE:PCCL's Days Payable is not ranked ^*
in the Chemicals industry.
Industry Median: 60.15
* Ranked among companies with meaningful Days Payable only.

Petro Carbon and Chemical's Days Payable declined from Mar. 2021 (8.97) to Mar. 2023 (0.49). It may suggest that Petro Carbon and Chemical accelerated paying its suppliers.

Petro Carbon and Chemical Days Payable Historical Data

The historical data trend for Petro Carbon and 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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Petro Carbon and Chemical Days Payable Chart

Petro Carbon and Chemical Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

8.97

3.26

0.49

Petro Carbon and Chemical Semi-Annual Data
	Mar21	Mar22	Mar23
Days Payable	8.97	3.26	0.49

Competitive Comparison of Petro Carbon and Chemical's Days Payable

For the Specialty Chemicals subindustry, Petro Carbon and 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.

Petro Carbon and Chemical's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Petro Carbon and Chemical's Days Payable falls into.

Petro Carbon and 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.

Petro Carbon and Chemical's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (10.718	+	1.234)	/	2 )	/	4492.432	*	365
=	5.976					/	4492.432	*	365
=	0.49

Petro Carbon and Chemical's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (10.718	+	1.234)	/	2 )	/	4492.432	*	365 / 2
=	5.976					/	4492.432	*	365 / 2
=	0.24

Petro Carbon and Chemical Days Payable Related Terms

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Petro Carbon and Chemical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Petro Carbon and Chemical Ltd (NSE:PCCL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Park Street, Avani Signature, 6th Floor, 91A/1, Kolkata, WB, IND, 700016

Website

https://www.pccl.in

Petro Carbon and Chemical Ltd is engaged in the business of manufacturing and marketing of Calcined Petroleum Coke (CPC) in the carbon industry. It supplies its product to the aluminum manufacturing government companies, graphite electrodes, and titanium dioxide manufacturers as well as other users in the metallurgical, chemical industries, and other steel manufacturing companies.

Petro Carbon and Chemical Headlines

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