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Castrol India (BOM:500870) Days Payable : 90.24 (As of Mar. 2024)


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What is Castrol India Days Payable?

Castrol India's average Accounts Payable for the three months ended in Mar. 2024 was ₹7,064 Mil. Castrol India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹7,144 Mil. Hence, Castrol India's Days Payable for the three months ended in Mar. 2024 was 90.24.

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

BOM:500870' s Days Payable Range Over the Past 10 Years
Min: 87.76   Med: 99.94   Max: 129.01
Current: 125.82

During the past 13 years, Castrol India's highest Days Payable was 129.01. The lowest was 87.76. And the median was 99.94.

BOM:500870's Days Payable is ranked better than
72.67% of 900 companies
in the Oil & Gas industry
Industry Median: 61.045 vs BOM:500870: 125.82

Castrol India's Days Payable declined from Dec. 2022 (93.19) to Mar. 2024 (90.24). It may suggest that Castrol India accelerated paying its suppliers.


Castrol India Days Payable Historical Data

The historical data trend for Castrol India'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.

Castrol India Days Payable Chart

Castrol India Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.44 129.01 94.42 87.76 88.39

Castrol India 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 93.19 87.52 - 99.80 90.24

Competitive Comparison of Castrol India's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Castrol India'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.


Castrol India's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Castrol India's Days Payable distribution charts can be found below:

* The bar in red indicates where Castrol India's Days Payable falls into.



Castrol India 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.

Castrol India's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (6788.6 + 7064.3) / 2 ) / 28602.1*365
=6926.45 / 28602.1*365
=88.39

Castrol India'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
=( (7064.3 + 0) / 1 ) / 7143.5*365 / 4
=7064.3 / 7143.5*365 / 4
=90.24

* 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.


Castrol India Days Payable Related Terms

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Castrol India (BOM:500870) Business Description

Traded in Other Exchanges
Address
Mahakali Caves Road, Technopolis Knowledge Park, Chakala, Andheri East, Mumbai, MH, IND, 400093
Castrol India Ltd manufactures and sells engine oil, transmission fluids, and other lubricants to the automotive industry. It sells its products under the Castrol brand. The company's reportable business segment consists of a single segment of Lubricants. The majority of all revenue comes from India.

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