Platinum Industries (NSE:PLATIND) Days Payable: 0.00 (As of . 20)


NSE:PLATIND Platinum Industries Ltd NSE:PLATIND
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Price ₹225.06
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What is Platinum Industries Days Payable?

Platinum Industries NSE:PLATIND +1.45% 2 Days Payable is 0.00 as of . 20. GuruFocus rates NSE:PLATIND with a GF Score™ of 2/100. The stock has 1 warning sign investors should review. Among 1,556 Chemicals companies, Platinum Industries ranks worse than 64267.29% on this metric.

Platinum Industries's average Accounts Payable for the six months ended in . 20 was ₹0.00 Mil. Platinum Industries's Cost of Goods Sold for the six months ended in . 20 was ₹0.00 Mil.

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

NSE:PLATIND's Days Payable is not ranked *
in the Chemicals industry.
Industry Median: 59.915
* Ranked among companies with meaningful Days Payable only.

Platinum Industries's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00).

Platinum Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Platinum Industries'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.

Platinum Industries Days Payable Chart

Platinum Industries Annual Data
Trend
Days Payable

Platinum Industries Semi-Annual Data
Days Payable

NSE:PLATIND vs : Days Payable Comparison

For the Specialty Chemicals subindustry, Platinum Industries'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.

Platinum Industries Days Payable vs Chemicals Industry

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

* The bar in red indicates where Platinum Industries's Days Payable falls into.


NSE:PLATIND
2GF Score
Platinum Industries Ltd NSE:PLATIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Platinum Industries 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.

Platinum Industries's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Platinum Industries's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 2
=0 / *365 / 2
=N/A

* 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 0.00 mean?
Platinum Industries (NSE:PLATIND) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Platinum Industries and its competitors. According to the industry distribution chart, Platinum Industries ranks #999999 out of 1556 companies in the Chemicals industry.
Is Platinum Industries' Days Payable too high?
Platinum Industries' current Days Payable is 0.00. Based on the distribution chart, Platinum Industries ranks #999999 out of 1556 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Platinum Industries has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Platinum Industries' Days Payable compare to ?
According to the Chemicals industry distribution chart, Platinum Industries ranks #999999 out of 1556 companies for Days Payable. This places Platinum Industries in the lower half of its industry. The industry median Days Payable is 59.92. 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 59.92, based on 1,556 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. 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 Platinum Industries and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Platinum Industries's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Platinum Industries stock overvalued right now?
Platinum Industries (NSE:PLATIND) has a current Days Payable of 0.00. The current Days Payable is 0.00. Platinum Industries' overall GF Score™ is 2/100 with 1 warning sign to review. 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 Platinum Industries (NSE:PLATIND), the current Days Payable is 0.00 as of . 20. 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.

Platinum Industries Business Description

Comparable Companies
Other Exchanges 544134:India
Address Andheri Kurla Road, Unit No. 841, 4th Floor, Solitaire Corporate Park-8, Andheri East, Mumbai, MH, IND, 400093
Platinum Industries Ltd is a multi-product company engaged in the business of manufacturing stabilizers. Its business segment includes PVC stabilizers, CPVC additives, and lubricants. The company operates in the speciality chemicals industry and its products find their application in PVC pipes, PVC profiles, PVC fittings, electrical wires and cables, SPC floor tiles, Rigid PVC foam boards, packaging materials, etc.
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