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Supreme Petrochem (BOM:500405) Days Payable : 56.98 (As of Mar. 2024)


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What is Supreme Petrochem Days Payable?

Supreme Petrochem's average Accounts Payable for the three months ended in Mar. 2024 was ₹8,089 Mil. Supreme Petrochem's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹12,955 Mil. Hence, Supreme Petrochem's Days Payable for the three months ended in Mar. 2024 was 56.98.

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

BOM:500405' s Days Payable Range Over the Past 10 Years
Min: 51.82   Med: 65.68   Max: 82.77
Current: 78.97

During the past 13 years, Supreme Petrochem's highest Days Payable was 82.77. The lowest was 51.82. And the median was 65.68.

BOM:500405's Days Payable is ranked better than
65.25% of 1502 companies
in the Chemicals industry
Industry Median: 60.4 vs BOM:500405: 78.97

Supreme Petrochem's Days Payable increased from Dec. 2022 (52.53) to Mar. 2024 (56.98). It may suggest that Supreme Petrochem delayed paying its suppliers.


Supreme Petrochem Days Payable Historical Data

The historical data trend for Supreme Petrochem'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.

Supreme Petrochem Days Payable Chart

Supreme Petrochem Annual Data
Trend Jun14 Jun15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.24 82.77 51.82 55.53 65.35

Supreme Petrochem Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 52.53 64.90 58.56 55.04 56.98

Competitive Comparison of Supreme Petrochem's Days Payable

For the Specialty Chemicals subindustry, Supreme Petrochem'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.


Supreme Petrochem's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Supreme Petrochem's Days Payable falls into.



Supreme Petrochem 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.

Supreme Petrochem'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
=( (7820.233 + 8089.122) / 2 ) / 44430.719*365
=7954.6775 / 44430.719*365
=65.35

Supreme Petrochem'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 + 8089.122) / 1 ) / 12954.633*365 / 4
=8089.122 / 12954.633*365 / 4
=56.98

* 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.


Supreme Petrochem Days Payable Related Terms

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Supreme Petrochem (BOM:500405) Business Description

Traded in Other Exchanges
Address
Andheri-Ghatkopar Link Road, Solitaire Corporate Park, Building No. 11, 5th Floor, 167, Guru Hargovindji Marg, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Supreme Petrochem Ltd manufactures and trades in petrochemicals. The company owns production facilities at Raigad, Maharashtra and in Chennai, Tamil Nadu. Its product portfolio consists of general-purpose polystyrene, specialty polystyrene, masterbatches, high impact polystyrene, FR high impact polystyrene, toughened polystyrene, and extruded polystyrene foam boards.

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