Prolife Industries (NSE:PROLIFE) Days Payable : 68.34 (As of Sep. 2023)

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What is Prolife Industries Days Payable?

Prolife Industries's average Accounts Payable for the six months ended in Sep. 2023 was ₹63.6 Mil. Prolife Industries's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹169.9 Mil. Hence, Prolife Industries's Days Payable for the six months ended in Sep. 2023 was 68.34.

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

NSE:PROLIFE' s Days Payable Range Over the Past 10 Years
Min: 63.71 Med: 87.32 Max: 138.22
Current: 90.18

During the past 12 years, Prolife Industries's highest Days Payable was 138.22. The lowest was 63.71. And the median was 87.32.

NSE:PROLIFE's Days Payable is ranked better than
71.48% of 1504 companies
in the Chemicals industry
Industry Median: 60.565 vs NSE:PROLIFE: 90.18

Prolife Industries's Days Payable declined from Sep. 2022 (113.59) to Sep. 2023 (68.34). It may suggest that Prolife Industries accelerated paying its suppliers.

Prolife Industries Days Payable Historical Data

The historical data trend for Prolife 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.

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Prolife Industries Days Payable Chart

Prolife Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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103.81

71.82

93.01

138.22

88.82

Prolife Industries Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial														104.57	109.52	113.59	82.60	68.34

Competitive Comparison of Prolife Industries's Days Payable

For the Chemicals subindustry, Prolife 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.

Prolife Industries's Days Payable Distribution in the Chemicals Industry

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

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

Prolife 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.

Prolife Industries'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
=	( (222.945	+	38.159)	/	2 )	/	536.474	*	365
=	130.552					/	536.474	*	365
=	88.82

Prolife Industries's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (38.159	+	89.085)	/	2 )	/	169.906	*	365 / 2
=	63.622					/	169.906	*	365 / 2
=	68.34

Prolife Industries Days Payable Related Terms

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

Prolife Industries (NSE:PROLIFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Prolife Industries Ltd (NSE:PROLIFE) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Plot No. 213, GIDC, Panoli Industrial Estate, District Bharuch, Ankleshwar, GJ, IND, 394116

Website

http://www.prolifeindustries.in

Prolife Industries Ltd is engaged in the business of manufacturing of intermediates for dyes, pigments, pharmaceuticals, agrochemicals, and others. Its products include Dihydro Thio Para Toluidine Sulfonic Acid, Amino Methyl Phenoxy Sulfonic Acid and among others.

Prolife Industries (NSE:PROLIFE) Headlines

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