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Alfa Ica (India) (BOM:530973) Days Payable : 66.98 (As of Dec. 2023)


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What is Alfa Ica (India) Days Payable?

Alfa Ica (India)'s average Accounts Payable for the three months ended in Dec. 2023 was ₹73.4 Mil. Alfa Ica (India)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹99.9 Mil. Hence, Alfa Ica (India)'s Days Payable for the three months ended in Dec. 2023 was 66.98.

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

BOM:530973' s Days Payable Range Over the Past 10 Years
Min: 25.29   Med: 43.07   Max: 47.76
Current: 47.48

During the past 13 years, Alfa Ica (India)'s highest Days Payable was 47.76. The lowest was 25.29. And the median was 43.07.

BOM:530973's Days Payable is ranked worse than
65.93% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.98 vs BOM:530973: 47.48

Alfa Ica (India)'s Days Payable declined from Dec. 2022 (79.39) to Dec. 2023 (66.98). It may suggest that Alfa Ica (India) accelerated paying its suppliers.


Alfa Ica (India) Days Payable Historical Data

The historical data trend for Alfa Ica (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.

* Premium members only.

Alfa Ica (India) Days Payable Chart

Alfa Ica (India) 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 43.48 36.39 47.43 44.08 42.65

Alfa Ica (India) 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 79.39 20.71 30.49 64.85 66.98

Competitive Comparison of Alfa Ica (India)'s Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Alfa Ica (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.


Alfa Ica (India)'s Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alfa Ica (India)'s Days Payable distribution charts can be found below:

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



Alfa Ica (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.

Alfa Ica (India)'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
=( (74.578 + 35.316) / 2 ) / 470.281*365
=54.947 / 470.281*365
=42.65

Alfa Ica (India)'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
=( (73.354 + 0) / 1 ) / 99.941*365 / 4
=73.354 / 99.941*365 / 4
=66.98

* 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.


Alfa Ica (India) Days Payable Related Terms

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Alfa Ica (India) (BOM:530973) Business Description

Traded in Other Exchanges
N/A
Address
Satellite Road, Near Shivranjani Cross Road, Alfa Pallazzo, Jodhpur, Ahmedabad, GJ, IND, 380 015
Alfa Ica (India) Ltd is an India-based company engaged in the process of manufacturing High-Pressure Laminate Sheets and Compacts which are available in different Colours, Designs, and Textures. The Laminate sheets are used for various applications in areas including Furniture Covering, Wall Paneling, Partitions, Door Covering and Shower Panels. It generates revenue from Decorative laminates. Geographically, it derives a majority of its revenue from Outside India.

Alfa Ica (India) (BOM:530973) Headlines

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