Marico (BOM:531642) Days Payable : 130.79 (As of Mar. 2024)

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What is Marico Days Payable?

Marico's average Accounts Payable for the three months ended in Mar. 2024 was ₹15,810 Mil. Marico's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹11,030 Mil. Hence, Marico's Days Payable for the three months ended in Mar. 2024 was 130.79.

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

BOM:531642' s Days Payable Range Over the Past 10 Years
Min: 62.09 Med: 81.64 Max: 163.66
Current: 163.66

During the past 13 years, Marico's highest Days Payable was 163.66. The lowest was 62.09. And the median was 81.64.

BOM:531642's Days Payable is ranked better than
91.22% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs BOM:531642: 163.66

Marico's Days Payable increased from Dec. 2022 (111.51) to Mar. 2024 (130.79). It may suggest that Marico delayed paying its suppliers.

Marico Days Payable Historical Data

The historical data trend for Marico'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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Marico Days Payable Chart

Marico Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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86.01

84.00

79.27

95.36

116.58

Marico Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															111.51	112.47	116.82	130.46	130.79

Competitive Comparison of Marico's Days Payable

For the Household & Personal Products subindustry, Marico'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.

Marico's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marico's Days Payable distribution charts can be found below:

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

Marico 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.

Marico'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
=	( (14520	+	15810)	/	2 )	/	47480	*	365
=	15165					/	47480	*	365
=	116.58

Marico'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	+	15810)	/	1 )	/	11030	*	365 / 4
=	15810					/	11030	*	365 / 4
=	130.79

Marico Days Payable Related Terms

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Marico (BOM:531642) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Marico Ltd (BOM:531642) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MARICO:India

Address

175, CST Road, 7th floor, Grande Palladium, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.marico.com

Marico Ltd is an Indian beauty and wellness products company. The company is present in emerging markets across Asia and Africa. The cosmetic product categories are hair care, male grooming, skin care, edible oils, health foods, and fabric care. Locally, Marico sells under brands such as Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Livon, Set Wet, Mediker, and Revive. Internationally, the company offers the following brands: Parachute, HairCode, Hercules, Black Chic, Code 10, Fiancee, Caivil, Ingwe, X-Men, and Thuan Phat.

Marico (BOM:531642) Headlines

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