ASI Industries (BOM:502015) Days Payable : 125.53 (As of Dec. 2023)

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What is ASI Industries Days Payable?

ASI Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹23 Mil. ASI Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹17 Mil. Hence, ASI Industries's Days Payable for the three months ended in Dec. 2023 was 125.53.

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

BOM:502015' s Days Payable Range Over the Past 10 Years
Min: 10.64 Med: 19.42 Max: 170.64
Current: 18.22

During the past 13 years, ASI Industries's highest Days Payable was 170.64. The lowest was 10.64. And the median was 19.42.

BOM:502015's Days Payable is ranked worse than
93.55% of 1069 companies
in the Metals & Mining industry
Industry Median: 129.08 vs BOM:502015: 18.22

ASI Industries's Days Payable declined from Dec. 2022 (365.45) to Dec. 2023 (125.53). It may suggest that ASI Industries accelerated paying its suppliers.

ASI Industries Days Payable Historical Data

The historical data trend for ASI Industries'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.

ASI Industries Days Payable Chart

ASI Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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11.43

15.95

22.99

21.78

17.06

ASI Industries 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															365.45	3.69	182.49	125.66	125.53

Competitive Comparison of ASI Industries's Days Payable

For the Other Industrial Metals & Mining subindustry, ASI Industries'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.

ASI Industries's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, ASI Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where ASI Industries's Days Payable falls into.

ASI Industries 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.

ASI Industries'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
=	( (40.95	+	27.318)	/	2 )	/	730.481	*	365
=	34.134					/	730.481	*	365
=	17.06

ASI Industries'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
=	( (22.768	+	0)	/	1 )	/	16.55	*	365 / 4
=	22.768					/	16.55	*	365 / 4
=	125.53

ASI Industries Days Payable Related Terms

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ASI Industries (BOM:502015) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ASI Industries Ltd (BOM:502015) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Ganpatrao Kadam Marg, Marathon Innova, A Wing, 7th floor, Lower Parel, Mumbai, MH, IND, 400 013

Website

https://www.asigroup.co.in

ASI Industries Ltd is an industrial metal and mining company. The Company is engaged in the mining and processing of natural stones. Its operating segments include Stone and Wind Power. The company's product offerings are Kota Stone, Sandstone, and others. It generates a majority of revenue from the Stone segment. Geographically, it derives maximum revenue from India.

ASI Industries (BOM:502015) Headlines

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