Rama Petrochemicals (BOM:500358) Days Payable : 27,265.50 (As of Mar. 2024)

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What is Rama Petrochemicals Days Payable?

Rama Petrochemicals's average Accounts Payable for the three months ended in Mar. 2024 was ₹1.49 Mil. Rama Petrochemicals's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹0.01 Mil. Hence, Rama Petrochemicals's Days Payable for the three months ended in Mar. 2024 was 27,265.50.

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

BOM:500358' s Days Payable Range Over the Past 10 Years
Min: 97.61 Med: 204.17 Max: 823.06
Current: 97.61

During the past 13 years, Rama Petrochemicals's highest Days Payable was 823.06. The lowest was 97.61. And the median was 204.17.

BOM:500358's Days Payable is ranked better than
74.35% of 1501 companies
in the Chemicals industry
Industry Median: 60.59 vs BOM:500358: 97.61

Rama Petrochemicals's Days Payable increased from Mar. 2023 (137.52) to Mar. 2024 (27,265.50). It may suggest that Rama Petrochemicals delayed paying its suppliers.

Rama Petrochemicals Days Payable Historical Data

The historical data trend for Rama Petrochemicals'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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Rama Petrochemicals Days Payable Chart

Rama Petrochemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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208.23

237.68

188.35

140.02

100.15

Rama Petrochemicals 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															137.52	63.11	130.69	73.72	27,265.50

Competitive Comparison of Rama Petrochemicals's Days Payable

For the Chemicals subindustry, Rama Petrochemicals'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.

Rama Petrochemicals's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Rama Petrochemicals's Days Payable falls into.

Rama Petrochemicals 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.

Rama Petrochemicals'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
=	( (2.666	+	1.494)	/	2 )	/	7.581	*	365
=	2.08					/	7.581	*	365
=	100.15

Rama Petrochemicals'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	+	1.494)	/	1 )	/	0.005	*	365 / 4
=	1.494					/	0.005	*	365 / 4
=	27,265.50

Rama Petrochemicals Days Payable Related Terms

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Rama Petrochemicals (BOM:500358) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rama Petrochemicals Ltd (BOM:500358) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

51/52, Free Press House, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.ramapetrochemicals.com

Rama Petrochemicals Ltd is an India-based company. It is involved in the chemicals business sector. The company operates through Trading of Goods.

Rama Petrochemicals (BOM:500358) Headlines

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