Kachchh Minerals (BOM:531778) Days Payable : 46.61 (As of Dec. 2023)

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What is Kachchh Minerals Days Payable?

Kachchh Minerals's average Accounts Payable for the three months ended in Dec. 2023 was ₹3.40 Mil. Kachchh Minerals's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹6.65 Mil. Hence, Kachchh Minerals's Days Payable for the three months ended in Dec. 2023 was 46.61.

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

BOM:531778' s Days Payable Range Over the Past 10 Years
Min: 6.36 Med: 81.83 Max: 254.68
Current: 32.15

During the past 13 years, Kachchh Minerals's highest Days Payable was 254.68. The lowest was 6.36. And the median was 81.83.

BOM:531778's Days Payable is ranked worse than
83.6% of 372 companies
in the Building Materials industry
Industry Median: 66.17 vs BOM:531778: 32.15

Kachchh Minerals's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (46.61). It may suggest that Kachchh Minerals delayed paying its suppliers.

Kachchh Minerals Days Payable Historical Data

The historical data trend for Kachchh Minerals'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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Kachchh Minerals Days Payable Chart

Kachchh Minerals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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6.36

50.15

81.83

80.51

Kachchh Minerals 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															-	-	3.57	56.59	46.61

Competitive Comparison of Kachchh Minerals's Days Payable

For the Building Materials subindustry, Kachchh Minerals'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.

Kachchh Minerals's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kachchh Minerals's Days Payable distribution charts can be found below:

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

Kachchh Minerals 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.

Kachchh Minerals'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
=	( (0.509	+	0.128)	/	2 )	/	1.444	*	365
=	0.3185					/	1.444	*	365
=	80.51

Kachchh Minerals'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
=	( (3.395	+	0)	/	1 )	/	6.647	*	365 / 4
=	3.395					/	6.647	*	365 / 4
=	46.61

Kachchh Minerals Days Payable Related Terms

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Kachchh Minerals (BOM:531778) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Kachchh Minerals Ltd (BOM:531778) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

98 Princess Street, 22, Mansur Building, 1st Floor, Mumbai, MH, IND, 400002

Website

http://www.kachchhminerals.com

Kachchh Minerals Ltd is engaged in Mineral material business activities. It is also involved exploring China Clay, Silica Sand, and Mineral raw material. The company products are bifurcated namely in three categories Bentonite, Organoclay, and Cat litter. The company is engaged in Single Segment which Minerals Industry.

Kachchh Minerals (BOM:531778) Headlines

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