Gujarat Containers (BOM:513507) Days Payable : 14.25 (As of Mar. 2024)

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What is Gujarat Containers Days Payable?

Gujarat Containers's average Accounts Payable for the three months ended in Mar. 2024 was ₹42 Mil. Gujarat Containers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹269 Mil. Hence, Gujarat Containers's Days Payable for the three months ended in Mar. 2024 was 14.25.

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

BOM:513507' s Days Payable Range Over the Past 10 Years
Min: 11.27 Med: 20.8 Max: 57.3
Current: 11.62

During the past 13 years, Gujarat Containers's highest Days Payable was 57.30. The lowest was 11.27. And the median was 20.80.

BOM:513507's Days Payable is ranked worse than
97.3% of 370 companies
in the Packaging & Containers industry
Industry Median: 57.555 vs BOM:513507: 11.62

Gujarat Containers's Days Payable declined from Mar. 2023 (14.39) to Mar. 2024 (14.25). It may suggest that Gujarat Containers accelerated paying its suppliers.

Gujarat Containers Days Payable Historical Data

The historical data trend for Gujarat Containers'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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Gujarat Containers Days Payable Chart

Gujarat Containers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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19.73

15.50

11.27

14.88

13.90

Gujarat Containers 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															14.39	14.48	11.19	10.37	14.25

Competitive Comparison of Gujarat Containers's Days Payable

For the Packaging & Containers subindustry, Gujarat Containers'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.

Gujarat Containers's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Gujarat Containers's Days Payable distribution charts can be found below:

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

Gujarat Containers 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.

Gujarat Containers'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
=	( (37.292	+	41.922)	/	2 )	/	1039.789	*	365
=	39.607					/	1039.789	*	365
=	13.90

Gujarat Containers'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	+	41.922)	/	1 )	/	268.516	*	365 / 4
=	41.922					/	268.516	*	365 / 4
=	14.25

Gujarat Containers Days Payable Related Terms

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Gujarat Containers (BOM:513507) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Gujarat Containers Ltd (BOM:513507) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

R.C.Dutt Road, 201/202, Alkapuri Arcade, B Wing, Opposite Welcome Hotel, Alkapuri, Vadodara, GJ, IND, 390007

Website

https://www.gujaratcontainers.com

Gujarat Containers Ltd is a container manufacturing company. It is engaged in the manufacturing of various types of barrels. Its products include galvanized, epoxy, composite, all side welded, open-top, M.S. plain, non-return valve, HMHDPE, and GP sheet barrels, as well as carboys and liners, and jerry cans. The company offers its products for applications in various industries, including a plethora of chemicals; agrochemicals, aromatic products; paints, coatings, and dyestuff; food products; petroleum products and their by-products; lubricating oils; pharmaceutical; hazardous chemicals; and resins. The company operates in one operating segment namely, the business of manufacturing steel barrels.

Gujarat Containers (BOM:513507) Headlines

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