UltraTech Cement (UltraTech Cement) Days Payable : 203.09 (As of Mar. 2024)

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What is UltraTech Cement Days Payable?

UltraTech Cement's average Accounts Payable for the three months ended in Mar. 2024 was $1,021 Mil. UltraTech Cement's Cost of Goods Sold for the three months ended in Mar. 2024 was $459 Mil. Hence, UltraTech Cement's Days Payable for the three months ended in Mar. 2024 was 203.09.

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

UCLQF' s Days Payable Range Over the Past 10 Years
Min: 106.77 Med: 140.03 Max: 245.57
Current: 236.76

During the past 13 years, UltraTech Cement's highest Days Payable was 245.57. The lowest was 106.77. And the median was 140.03.

UCLQF's Days Payable is ranked better than
89.54% of 373 companies
in the Building Materials industry
Industry Median: 66.07 vs UCLQF: 236.76

UltraTech Cement's Days Payable declined from Mar. 2023 (207.45) to Mar. 2024 (203.09). It may suggest that UltraTech Cement accelerated paying its suppliers.

UltraTech Cement Days Payable Historical Data

The historical data trend for UltraTech Cement'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.

UltraTech Cement Days Payable Chart

UltraTech Cement Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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142.07

153.56

179.55

254.35

241.54

UltraTech Cement Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															207.45	223.34	273.47	257.44	203.09

Competitive Comparison of UltraTech Cement's Days Payable

For the Building Materials subindustry, UltraTech Cement'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.

UltraTech Cement's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, UltraTech Cement's Days Payable distribution charts can be found below:

* The bar in red indicates where UltraTech Cement's Days Payable falls into.

UltraTech Cement 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.

UltraTech Cement'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
=	( (876.335	+	1021.222)	/	2 )	/	1433.717	*	365
=	948.7785					/	1433.717	*	365
=	241.54

UltraTech Cement's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	1021.222)	/	1 )	/	458.839	*	365 / 4
=	1021.222					/	458.839	*	365 / 4
=	203.09

UltraTech Cement Days Payable Related Terms

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UltraTech Cement (UltraTech Cement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » UltraTech Cement Ltd (OTCPK:UCLQF) » Definitions » Days Payable

Traded in Other Exchanges

ULTRACEMCO:India 532538:India

Address

Mahakali Caves Road, B Wing, Ahura Centre, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400 093

Website

https://www.ultratechcement.com

UltraTech Cement Ltd produces and sells cement and cement-related products. The company generates the vast majority of its revenue in India. UltraTech has one of the largest production capacities of any firm in India. The company's product portfolio includes Ordinary Portland cement, Portland blast-furnace slag cement, and Portland Pozzolana cement. Ordinary Portland cement is used for a wide range of applications including concrete products, masonry, and plastering. The firm's customers are in the building and construction industries.