GOCL (BOM:506480) Days Payable : 51.05 (As of Dec. 2023)

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What is GOCL Days Payable?

GOCL's average Accounts Payable for the three months ended in Dec. 2023 was ₹743 Mil. GOCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,327 Mil. Hence, GOCL's Days Payable for the three months ended in Dec. 2023 was 51.05.

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

BOM:506480' s Days Payable Range Over the Past 10 Years
Min: 48.96 Med: 64.37 Max: 173.22
Current: 72.45

During the past 13 years, GOCL's highest Days Payable was 173.22. The lowest was 48.96. And the median was 64.37.

BOM:506480's Days Payable is ranked better than
60.77% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs BOM:506480: 72.45

GOCL's Days Payable declined from Dec. 2022 (56.78) to Dec. 2023 (51.05). It may suggest that GOCL accelerated paying its suppliers.

GOCL Days Payable Historical Data

The historical data trend for GOCL'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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GOCL Days Payable Chart

GOCL Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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61.16

62.65

65.25

82.28

72.29

GOCL 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															56.78	75.49	104.80	57.56	51.05

Competitive Comparison of GOCL's Days Payable

For the Specialty Chemicals subindustry, GOCL'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.

GOCL's Days Payable Distribution in the Chemicals Industry

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

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

GOCL 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.

GOCL'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
=	( (1199.896	+	1815.162)	/	2 )	/	7611.951	*	365
=	1507.529					/	7611.951	*	365
=	72.29

GOCL'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
=	( (742.629	+	0)	/	1 )	/	1327.367	*	365 / 4
=	742.629					/	1327.367	*	365 / 4
=	51.05

GOCL Days Payable Related Terms

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GOCL (BOM:506480) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » GOCL Corp Ltd (BOM:506480) » Definitions » Days Payable

Comparable Companies

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GOCLCORP:India

Address

IDL Road, Kukatpally, Hyderabad, TG, IND, 500072

Website

https://www.goclcorp.com

GOCL Corp Ltd is an investment holding company. The company operates in two segments namely Energetics and Explosives and Realty. The vast majority of the revenue is generated from the Energetics and explosives segment which is engaged in the manufacturing of accessories and cartridge explosives and bulk explosives for mining and infrastructure projects and manufacturing of special precision detonators for special applications by the defense, space, and other agencies. Geographically, it derives a majority of its revenue from India.

GOCL (BOM:506480) Headlines

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