Arfin India (BOM:539151) Days Payable : 52.82 (As of Mar. 2024)

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What is Arfin India Days Payable?

Arfin India's average Accounts Payable for the three months ended in Mar. 2024 was ₹657 Mil. Arfin India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,134 Mil. Hence, Arfin India's Days Payable for the three months ended in Mar. 2024 was 52.82.

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

BOM:539151' s Days Payable Range Over the Past 10 Years
Min: 19.84 Med: 44.83 Max: 60.13
Current: 57.99

During the past 10 years, Arfin India's highest Days Payable was 60.13. The lowest was 19.84. And the median was 44.83.

BOM:539151's Days Payable is ranked worse than
70.41% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.005 vs BOM:539151: 57.99

Arfin India's Days Payable increased from Mar. 2023 (42.63) to Mar. 2024 (52.82). It may suggest that Arfin India delayed paying its suppliers.

Arfin India Days Payable Historical Data

The historical data trend for Arfin 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.

Arfin India Days Payable Chart

Arfin India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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20.87

44.51

38.10

45.15

52.17

Arfin India 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															42.63	45.06	69.66	80.94	52.82

Competitive Comparison of Arfin India's Days Payable

For the Aluminum subindustry, Arfin 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.

Arfin India's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Arfin India's Days Payable distribution charts can be found below:

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

Arfin 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.

Arfin India'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
=	( (619.087	+	656.517)	/	2 )	/	4462.287	*	365
=	637.802					/	4462.287	*	365
=	52.17

Arfin India'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	+	656.517)	/	1 )	/	1134.185	*	365 / 4
=	656.517					/	1134.185	*	365 / 4
=	52.82

Arfin India Days Payable Related Terms

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Arfin India (BOM:539151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arfin India Ltd (BOM:539151) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Ashram Road, Gujarat Chamber of Commerce Building, B-302, 3 Floor, Pelican House, Near Natraj Cinema, Ahmedabad, GJ, IND, 380009

Website

https://www.arfin.co.in

Arfin India Ltd manufactures and sells aluminum products in India. It is engaged in the manufacturing, trading, and selling of non-ferrous metals products. The company's product lines include Aluminum Wire Rods, Aluminum Deox, Cored Wire, Alloy Products, Automobile Parts, and Cable and Conductors. It's Aluminum Deox includes Aluminum ingots, Aluminum cubes, Aluminum shots, and Aluminum sticks. The Cored Wire Mill products include Calcium Silicon Cored Wire, Ferro Silicon Cored Wire, Calcium Cored Wire, and Graphite Cored Wire.

Arfin India (BOM:539151) Headlines

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