Hindustan Adhesives (BOM:514428) Days Payable : 62.20 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Hindustan Adhesives Days Payable?

Hindustan Adhesives's average Accounts Payable for the three months ended in Dec. 2023 was ₹281 Mil. Hindustan Adhesives's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹413 Mil. Hence, Hindustan Adhesives's Days Payable for the three months ended in Dec. 2023 was 62.20.

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

BOM:514428' s Days Payable Range Over the Past 10 Years
Min: 35.47 Med: 58.52 Max: 79.97
Current: 39.56

During the past 13 years, Hindustan Adhesives's highest Days Payable was 79.97. The lowest was 35.47. And the median was 58.52.

BOM:514428's Days Payable is ranked worse than
71.54% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs BOM:514428: 39.56

Hindustan Adhesives's Days Payable increased from Dec. 2022 (26.32) to Dec. 2023 (62.20). It may suggest that Hindustan Adhesives delayed paying its suppliers.

Hindustan Adhesives Days Payable Historical Data

The historical data trend for Hindustan Adhesives'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.

Hindustan Adhesives Days Payable Chart

Hindustan Adhesives Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

59.76

50.06

36.61

35.47

48.92

Hindustan Adhesives 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															26.32	35.83	42.76	49.50	62.20

Competitive Comparison of Hindustan Adhesives's Days Payable

For the Specialty Chemicals subindustry, Hindustan Adhesives'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.

Hindustan Adhesives's Days Payable Distribution in the Chemicals Industry

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

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

Hindustan Adhesives 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.

Hindustan Adhesives'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
=	( (412.662	+	249.364)	/	2 )	/	2469.604	*	365
=	331.013					/	2469.604	*	365
=	48.92

Hindustan Adhesives'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
=	( (281.4	+	0)	/	1 )	/	412.8	*	365 / 4
=	281.4					/	412.8	*	365 / 4
=	62.20

Hindustan Adhesives Days Payable Related Terms

Thank you for viewing the detailed overview of Hindustan Adhesives's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hindustan Adhesives (BOM:514428) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hindustan Adhesives Ltd (BOM:514428) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-2/8, Safdarjung Enclave, New Delhi, IND, 110029

Website

https://www.bagla-group.com

Hindustan Adhesives Ltd is a producer and marketer of adhesive tapes. The company offers products such as acrylic packaging tapes, hot melt packaging tapes, natural rubber packaging tapes, kraft paper tapes, tamper-evident tapes, tear tapes, polyolefin shrink film, and shrink wrapping machines. Its customers include Unilever, PepsiCo, Coca-Cola, P&G, Reckitt Benckiser, Cadbury, and Nestle, among others.

Hindustan Adhesives (BOM:514428) Headlines

No Headlines