Ishan Dyes & Chemicals (BOM:531109) Days Payable : 65.69 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Ishan Dyes & Chemicals Days Payable?

Ishan Dyes & Chemicals's average Accounts Payable for the three months ended in Dec. 2023 was ₹85.3 Mil. Ishan Dyes & Chemicals's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹118.5 Mil. Hence, Ishan Dyes & Chemicals's Days Payable for the three months ended in Dec. 2023 was 65.69.

The historical rank and industry rank for Ishan Dyes & Chemicals's Days Payable or its related term are showing as below:

BOM:531109' s Days Payable Range Over the Past 10 Years
Min: 26.57 Med: 51.65 Max: 72.12
Current: 26.57

During the past 13 years, Ishan Dyes & Chemicals's highest Days Payable was 72.12. The lowest was 26.57. And the median was 51.65.

BOM:531109's Days Payable is ranked worse than
84.35% of 1502 companies
in the Chemicals industry
Industry Median: 60.55 vs BOM:531109: 26.57

Ishan Dyes & Chemicals's Days Payable increased from Dec. 2022 (36.91) to Dec. 2023 (65.69). It may suggest that Ishan Dyes & Chemicals delayed paying its suppliers.

Ishan Dyes & Chemicals Days Payable Historical Data

The historical data trend for Ishan Dyes & Chemicals'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.

Ishan Dyes & Chemicals Days Payable Chart

Ishan Dyes & Chemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

52.26

40.36

59.37

51.04

30.60

Ishan Dyes & Chemicals 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															36.91	14.75	27.75	39.54	65.69

Competitive Comparison of Ishan Dyes & Chemicals's Days Payable

For the Chemicals subindustry, Ishan Dyes & Chemicals'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.

Ishan Dyes & Chemicals's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Ishan Dyes & Chemicals's Days Payable falls into.

Ishan Dyes & Chemicals 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.

Ishan Dyes & Chemicals'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
=	( (59.786	+	29.329)	/	2 )	/	531.454	*	365
=	44.5575					/	531.454	*	365
=	30.60

Ishan Dyes & Chemicals'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
=	( (85.282	+	0)	/	1 )	/	118.458	*	365 / 4
=	85.282					/	118.458	*	365 / 4
=	65.69

Ishan Dyes & Chemicals Days Payable Related Terms

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

Ishan Dyes & Chemicals (BOM:531109) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ishan Dyes & Chemicals Ltd (BOM:531109) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

18, G.I.D.C Estate, Phase - 1, Vatva, Ahmedabad, GJ, IND, 382445

Website

https://www.ishandyes.com

Ishan Dyes & Chemicals Ltd is an India-based company engaged in the manufacturing of chemicals. The company's principal product includes Phthalocyanine blue products. It offers various categories of products such as CPC Blue. Pigment Alpha Blues and Pigment Beta Blue. In addition, the company also manufactures a range of solvent dye which is soluble in organic solvent. It provides phthalocyanine blue pigments for plastics, water base, and offset inks and paint. The company's manufacturing plant is located in Gujarat, India.

Ishan Dyes & Chemicals (BOM:531109) Headlines

No Headlines