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DCM Shriram (BOM:523367) Days Payable : 44.27 (As of Dec. 2023)


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What is DCM Shriram Days Payable?

DCM Shriram's average Accounts Payable for the three months ended in Dec. 2023 was ₹9,460 Mil. DCM Shriram's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹19,498 Mil. Hence, DCM Shriram's Days Payable for the three months ended in Dec. 2023 was 44.27.

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

BOM:523367' s Days Payable Range Over the Past 10 Years
Min: 40.88   Med: 83.67   Max: 104.01
Current: 40.88

During the past 13 years, DCM Shriram's highest Days Payable was 104.01. The lowest was 40.88. And the median was 83.67.

BOM:523367's Days Payable is ranked worse than
69.97% of 1502 companies
in the Chemicals industry
Industry Median: 60.4 vs BOM:523367: 40.88

DCM Shriram's Days Payable increased from Dec. 2022 (34.44) to Dec. 2023 (44.27). It may suggest that DCM Shriram delayed paying its suppliers.


DCM Shriram Days Payable Historical Data

The historical data trend for DCM Shriram'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.

DCM Shriram Days Payable Chart

DCM Shriram Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.13 73.50 51.96 48.03 43.98

DCM Shriram 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.44 41.89 45.15 42.96 44.27

Competitive Comparison of DCM Shriram's Days Payable

For the Specialty Chemicals subindustry, DCM Shriram'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.


DCM Shriram's Days Payable Distribution in the Chemicals Industry

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

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



DCM Shriram 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.

DCM Shriram'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
=( (9603.1 + 10107.4) / 2 ) / 81787.3*365
=9855.25 / 81787.3*365
=43.98

DCM Shriram'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
=( (9460 + 0) / 1 ) / 19498*365 / 4
=9460 / 19498*365 / 4
=44.27

* 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.


DCM Shriram Days Payable Related Terms

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DCM Shriram (BOM:523367) Business Description

Traded in Other Exchanges
Address
Aerocity, 2 Floor (West Wing), World Mark-1, New Delhi, IND, 110037
DCM Shriram Ltd is an Indian conglomerate company which comprises of Agri-Rural, Chlor-Vinyl and value-added businesses. The company's business activities include the manufacture of fertilisers and pesticides, basic inorganic chemicals N.E.C and refining sugar. The company produces Urea & SSP fertilisers, sugar, farm inputs such as DAP, caustic soda, chlorine, calcium carbide, PVC resins, PVC compounds, power, and cement. Its Agri-input business produces hybrid seeds, pesticides, Bulk fertilizers, micro-nutrients and other value-added inputs. In addition, company engaged in research, production, processing, extension activities and marketing. The company manages its business in six segments; Fertilisers, Chloro-Vinyl, Shriram Farm solution, Bioseed, Sugar, and others.

DCM Shriram (BOM:523367) Headlines

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