Vinayak Polycon International (BOM:534639) Days Payable : 14.89 (As of Dec. 2023)

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What is Vinayak Polycon International Days Payable?

Vinayak Polycon International's average Accounts Payable for the three months ended in Dec. 2023 was ₹5.4 Mil. Vinayak Polycon International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹33.2 Mil. Hence, Vinayak Polycon International's Days Payable for the three months ended in Dec. 2023 was 14.89.

The historical rank and industry rank for Vinayak Polycon International's Days Payable or its related term are showing as below:

BOM:534639' s Days Payable Range Over the Past 10 Years
Min: 12.06 Med: 23.89 Max: 55.12
Current: 13.93

During the past 12 years, Vinayak Polycon International's highest Days Payable was 55.12. The lowest was 12.06. And the median was 23.89.

BOM:534639's Days Payable is ranked worse than
96.19% of 367 companies
in the Packaging & Containers industry
Industry Median: 59.64 vs BOM:534639: 13.93

Vinayak Polycon International's Days Payable increased from Dec. 2022 (11.67) to Dec. 2023 (14.89). It may suggest that Vinayak Polycon International delayed paying its suppliers.

Vinayak Polycon International Days Payable Historical Data

The historical data trend for Vinayak Polycon International'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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Vinayak Polycon International Days Payable Chart

Vinayak Polycon International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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23.76

32.20

55.12

34.08

18.44

Vinayak Polycon International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															11.67	13.09	18.86	13.50	14.89

Competitive Comparison of Vinayak Polycon International's Days Payable

For the Packaging & Containers subindustry, Vinayak Polycon International'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.

Vinayak Polycon International's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Vinayak Polycon International's Days Payable distribution charts can be found below:

* The bar in red indicates where Vinayak Polycon International's Days Payable falls into.

Vinayak Polycon International 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.

Vinayak Polycon International'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
=	( (8.111	+	6.472)	/	2 )	/	144.312	*	365
=	7.2915					/	144.312	*	365
=	18.44

Vinayak Polycon International's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (5.423	+	0)	/	1 )	/	33.232	*	365 / 4
=	5.423					/	33.232	*	365 / 4
=	14.89

Vinayak Polycon International Days Payable Related Terms

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Vinayak Polycon International (BOM:534639) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Vinayak Polycon International Ltd (BOM:534639) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

29, Station Road, 312, Navjeevan Complex, Jaipur, RJ, IND, 302006

Website

https://www.vinayakpolycon.com

Vinayak Polycon International Ltd is engaged in the business of plastic bottles, jars and containers in India. Principally, it provides packaging solutions in the field of Polyethylene terephthalate (PET). Its primary activity involves the production of plastic containers and closures. The company manufactures and trades PET items, such as PET bottles, PET jars, PET preforms, caps, and lids.

Vinayak Polycon International (BOM:534639) Headlines

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