Morganite Crucible (India) (BOM:523160) Days Payable : 212.19 (As of Mar. 2024)

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What is Morganite Crucible (India) Days Payable?

Morganite Crucible (India)'s average Accounts Payable for the three months ended in Mar. 2024 was ₹331 Mil. Morganite Crucible (India)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ₹142 Mil. Hence, Morganite Crucible (India)'s Days Payable for the three months ended in Mar. 2024 was 212.19.

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

BOM:523160' s Days Payable Range Over the Past 10 Years
Min: 120.97 Med: 127.73 Max: 180.37
Current: 160.53

During the past 13 years, Morganite Crucible (India)'s highest Days Payable was 180.37. The lowest was 120.97. And the median was 127.73.

BOM:523160's Days Payable is ranked better than
79.56% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs BOM:523160: 160.53

Morganite Crucible (India)'s Days Payable increased from Mar. 2023 (189.51) to Mar. 2024 (212.19). It may suggest that Morganite Crucible (India) delayed paying its suppliers.

Morganite Crucible (India) Days Payable Historical Data

The historical data trend for Morganite Crucible (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.

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Morganite Crucible (India) Days Payable Chart

Morganite Crucible (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

124.60

148.90

120.97

140.97

169.23

Morganite Crucible (India) 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															189.51	161.73	122.48	141.70	212.19

Competitive Comparison of Morganite Crucible (India)'s Days Payable

For the Specialty Industrial Machinery subindustry, Morganite Crucible (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.

Morganite Crucible (India)'s Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morganite Crucible (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Morganite Crucible (India)'s Days Payable falls into.

Morganite Crucible (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.

Morganite Crucible (India)'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
=	( (275.903	+	330.995)	/	2 )	/	654.481	*	365
=	303.449					/	654.481	*	365
=	169.23

Morganite Crucible (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
=	( (0	+	330.995)	/	1 )	/	142.344	*	365 / 4
=	330.995					/	142.344	*	365 / 4
=	212.19

Morganite Crucible (India) Days Payable Related Terms

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Morganite Crucible (India) (BOM:523160) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Morganite Crucible (India) Ltd (BOM:523160) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

B-11, MIDC Industrial Area, Waluj, Aurangabad, MH, IND, 431136

Website

https://www.morganmms.com

Morganite Crucible (India) Ltd is engaged in the business of manufacturing and selling high-functioning Crucibles, Foundry consumables, and Allied refractory products. Its product portfolio encompasses a range of crucibles and foundry products which are offered in distinct shapes and sizes. Some of its products are Syncarb Z2e2, Suprex, Nozzle, Blue Lightning Thermocouple Sheaths, Tubes and plunger mix, Salamander and others. The company does its sales via geographical segments that include India, Asia and the Far East, Europe, Africa, the Middle East, North America, and Others. The majority of its revenue is derived from India.

Morganite Crucible (India) (BOM:523160) Headlines

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