Yasons Chemex Care (NSE:YCCL) Days Payable: 45.13 (As of Mar. 2023)


NSE:YCCL Yasons Chemex Care Ltd NSE:YCCL
17 GF Score
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What is Yasons Chemex Care Days Payable?

Yasons Chemex Care NSE:YCCL 17 Days Payable is 45.13 as of Mar. 2023. GuruFocus rates NSE:YCCL with a GF Score™ of 17/100.

Yasons Chemex Care's average Accounts Payable for the six months ended in Mar. 2023 was ₹43.9 Mil. Yasons Chemex Care's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹355.1 Mil. Hence, Yasons Chemex Care's Days Payable for the six months ended in Mar. 2023 was 22.56.

The historical rank and industry rank for Yasons Chemex Care's Days Payable or its related term are showing as below:

NSE:YCCL's Days Payable is not ranked *
in the Chemicals industry.
Industry Median: 59.87
* Ranked among companies with meaningful Days Payable only.

Yasons Chemex Care's Days Payable declined from Mar. 2021 (120.05) to Mar. 2023 (45.13). It may suggest that Yasons Chemex Care accelerated paying its suppliers.

Yasons Chemex Care Days Payable Historical Data

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The historical data trend for Yasons Chemex Care'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.

Yasons Chemex Care Days Payable Chart

Yasons Chemex Care Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
48.59 69.98 120.05 92.77 45.13

Yasons Chemex Care Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable 48.59 69.98 120.05 92.77 45.13

NSE:YCCL vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Yasons Chemex Care'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.

Yasons Chemex Care Days Payable vs Chemicals Industry

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

* The bar in red indicates where Yasons Chemex Care's Days Payable falls into.


NSE:YCCL
17GF Score
Yasons Chemex Care Ltd NSE:YCCL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Yasons Chemex Care 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.

Yasons Chemex Care'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
=( (58.596 + 29.219) / 2 ) / 355.13*365
=43.9075 / 355.13*365
=45.13

Yasons Chemex Care'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
=( (58.596 + 29.219) / 2 ) / 355.13*365 / 2
=43.9075 / 355.13*365 / 2
=22.56

* 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 45.13 mean?
Yasons Chemex Care (NSE:YCCL) has a Days Payable of 45.13 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Yasons Chemex Care and its competitors.
Is Yasons Chemex Care's Days Payable too high?
Yasons Chemex Care's current Days Payable is 45.13. The Chemicals industry median Days Payable is 59.87. Yasons Chemex Care's value of 45.13 is 24.6% below this industry median. Overall, Yasons Chemex Care has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Yasons Chemex Care's Days Payable compare to LIN and SHW?
Yasons Chemex Care's Days Payable of 45.13 can be compared against companies in the Chemicals industry. The industry median Days Payable is 59.87. Yasons Chemex Care's value of 45.13 is 24.6% below this benchmark. 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 59.87, based on 1,551 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. Yasons Chemex Care's current Days Payable of 45.13 is 24.6% below the industry median. 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 Yasons Chemex Care and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yasons Chemex Care's current Days Payable is 45.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yasons Chemex Care stock overvalued right now?
Yasons Chemex Care (NSE:YCCL) has a current Days Payable of 45.13. The current Days Payable is 45.13 and 24.6% below the Chemicals industry median of 59.87. Yasons Chemex Care's overall GF Score™ is 17/100. 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 Yasons Chemex Care (NSE:YCCL), the current Days Payable is 45.13 as of Mar. 2023. 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.

Yasons Chemex Care Business Description

Address 132ft Ring Road, 4th floor, 412 Sigma Icon-1, Opposite Medilink Hospital, Satellite, Ahmedabad, GJ, IND, 380015
Yasons Chemex Care Ltd is engaged in manufacturing dyes & pigment paste, IMCG, and FMCG products. The IMCG products of the company includes Textile dyes, pigments and paints. The Company also manufactures a wide range of pigment paste from various chemicals. Within FMCG it manufactures or packages products such as hair oil, perfumes & deodorant, handmade soap, sanitizer, etc., under its brand name PLXO.
17GF Score

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