Vadivarhe Speciality Chemicals (NSE:VSCL) Days Payable : 102.50 (As of Sep. 2023)

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What is Vadivarhe Speciality Chemicals Days Payable?

Vadivarhe Speciality Chemicals's average Accounts Payable for the six months ended in Sep. 2023 was ₹72.9 Mil. Vadivarhe Speciality Chemicals's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹129.9 Mil. Hence, Vadivarhe Speciality Chemicals's Days Payable for the six months ended in Sep. 2023 was 102.50.

The historical rank and industry rank for Vadivarhe Speciality Chemicals's Days Payable or its related term are showing as below:

NSE:VSCL' s Days Payable Range Over the Past 10 Years
Min: 47.15 Med: 79.21 Max: 168.89
Current: 95.71

During the past 11 years, Vadivarhe Speciality Chemicals's highest Days Payable was 168.89. The lowest was 47.15. And the median was 79.21.

NSE:VSCL's Days Payable is ranked better than
73.45% of 1503 companies
in the Chemicals industry
Industry Median: 60.89 vs NSE:VSCL: 95.71

Vadivarhe Speciality Chemicals's Days Payable increased from Sep. 2022 (73.45) to Sep. 2023 (102.50). It may suggest that Vadivarhe Speciality Chemicals delayed paying its suppliers.

Vadivarhe Speciality Chemicals Days Payable Historical Data

The historical data trend for Vadivarhe Speciality Chemicals'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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Vadivarhe Speciality Chemicals Days Payable Chart

Vadivarhe Speciality Chemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

54.36

80.01

118.01

92.70

78.40

Vadivarhe Speciality Chemicals Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial														140.82	118.53	73.45	93.74	102.50

Competitive Comparison of Vadivarhe Speciality Chemicals's Days Payable

For the Specialty Chemicals subindustry, Vadivarhe Speciality Chemicals'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.

Vadivarhe Speciality Chemicals's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Vadivarhe Speciality Chemicals's Days Payable falls into.

Vadivarhe Speciality Chemicals 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.

Vadivarhe Speciality Chemicals'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
=	( (61.536	+	81.571)	/	2 )	/	333.113	*	365
=	71.5535					/	333.113	*	365
=	78.40

Vadivarhe Speciality Chemicals'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
=	( (81.571	+	64.297)	/	2 )	/	129.856	*	365 / 2
=	72.934					/	129.856	*	365 / 2
=	102.50

Vadivarhe Speciality Chemicals Days Payable Related Terms

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Vadivarhe Speciality Chemicals (NSE:VSCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vadivarhe Speciality Chemicals Ltd (NSE:VSCL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gat No. 204, Vadivarhe, Igatpuri, Nashik, MH, IND, 422403

Website

https://www.vscl.in

Vadivarhe Speciality Chemicals Ltd is a company that engages in organic chemicals for a variety of uses. The company manufactures specialty chemicals, and active ingredients for pharmaceutical and intermediate, and personal care use. Its product range comprises Intermediates, Ingredients for Personal and Hair Care Products, and Speciality Chemicals for API manufacturers.

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