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The Western India Plywoods (NSE:WIPL) Days Payable : 48.16 (As of Jun. 2024)


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What is The Western India Plywoods Days Payable?

The Western India Plywoods's average Accounts Payable for the three months ended in Jun. 2024 was ₹47 Mil. The Western India Plywoods's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹89 Mil. Hence, The Western India Plywoods's Days Payable for the three months ended in Jun. 2024 was 48.16.

The historical rank and industry rank for The Western India Plywoods's Days Payable or its related term are showing as below:

NSE:WIPL' s Days Payable Range Over the Past 10 Years
Min: 27.3   Med: 47.62   Max: 61.95
Current: 31.13

During the past 11 years, The Western India Plywoods's highest Days Payable was 61.95. The lowest was 27.30. And the median was 47.62.

NSE:WIPL's Days Payable is ranked worse than
75.09% of 277 companies
in the Forest Products industry
Industry Median: 56.24 vs NSE:WIPL: 31.13

The Western India Plywoods's Days Payable increased from Jun. 2023 (30.92) to Jun. 2024 (48.16). It may suggest that The Western India Plywoods delayed paying its suppliers.


The Western India Plywoods Days Payable Historical Data

The historical data trend for The Western India Plywoods'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.

The Western India Plywoods Days Payable Chart

The Western India Plywoods Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.80 49.11 38.55 27.30 29.61

The Western India Plywoods Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.92 35.10 32.25 28.35 48.16

Competitive Comparison of The Western India Plywoods's Days Payable

For the Lumber & Wood Production subindustry, The Western India Plywoods'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.


The Western India Plywoods's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, The Western India Plywoods's Days Payable distribution charts can be found below:

* The bar in red indicates where The Western India Plywoods's Days Payable falls into.



The Western India Plywoods 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.

The Western India Plywoods'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
=( (31.545 + 46.707) / 2 ) / 482.357*365
=39.126 / 482.357*365
=29.61

The Western India Plywoods's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (46.707 + 0) / 1 ) / 88.5*365 / 4
=46.707 / 88.5*365 / 4
=48.16

* 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.


The Western India Plywoods Days Payable Related Terms

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The Western India Plywoods Business Description

Traded in Other Exchanges
N/A
Address
Mill Road, Baliapatam, Kannur, KL, IND, 670010
The Western India Plywoods Ltd is a manufacturer of wood-based products. Its products include Plywood, Hard boards, Densified wood, Furniture, Wipress, Wooden flooring, and Others.

The Western India Plywoods Headlines

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