Gulshan Polyols (BOM:532457) Days Payable : 43.20 (As of Mar. 2024)

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What is Gulshan Polyols Days Payable?

Gulshan Polyols's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,265 Mil. Gulshan Polyols's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,672 Mil. Hence, Gulshan Polyols's Days Payable for the three months ended in Mar. 2024 was 43.20.

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

BOM:532457' s Days Payable Range Over the Past 10 Years
Min: 22.75 Med: 36.21 Max: 44.45
Current: 39

During the past 13 years, Gulshan Polyols's highest Days Payable was 44.45. The lowest was 22.75. And the median was 36.21.

BOM:532457's Days Payable is ranked worse than
71.75% of 1501 companies
in the Chemicals industry
Industry Median: 60.59 vs BOM:532457: 39.00

Gulshan Polyols's Days Payable increased from Mar. 2023 (39.81) to Mar. 2024 (43.20). It may suggest that Gulshan Polyols delayed paying its suppliers.

Gulshan Polyols Days Payable Historical Data

The historical data trend for Gulshan Polyols'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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Gulshan Polyols Days Payable Chart

Gulshan Polyols Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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23.29

36.51

36.31

36.11

42.74

Gulshan Polyols Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															39.81	39.98	37.35	28.24	43.20

Competitive Comparison of Gulshan Polyols's Days Payable

For the Chemicals subindustry, Gulshan Polyols'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.

Gulshan Polyols's Days Payable Distribution in the Chemicals Industry

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

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

Gulshan Polyols 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.

Gulshan Polyols'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
=	( (804.229	+	1265.055)	/	2 )	/	8835.02	*	365
=	1034.642					/	8835.02	*	365
=	42.74

Gulshan Polyols'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	+	1265.055)	/	1 )	/	2672.247	*	365 / 4
=	1265.055					/	2672.247	*	365 / 4
=	43.20

Gulshan Polyols Days Payable Related Terms

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Gulshan Polyols (BOM:532457) Business Description

Industry

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GULPOLY:India

Address

G-81, Preet Vihar, Delhi, IND, 110092

Website

https://www.gulshanindia.com

Gulshan Polyols Ltd is a manufacturer of Precipitated Calcium Carbonate and Sorbitol in India. Its business portfolio covers Starch Sugars and Native Starches, Fructose, Calcium Carbonate, Alcohol business, Ethanol, and On-site PCC plants. The company has three segments; mineral processing, grain processing, and distillery. The majority of its revenue is earned through the sales of Sorbitol solution also known as glucitol which contributes a prime part of revenue, while the remaining revenue is earned through sales of its other products. Majority of the revenue is earned through the Indian market, while the company also has a presence in various other countries.

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