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Valiant organics (BOM:540145) Days Payable : 143.18 (As of Mar. 2024)


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What is Valiant organics Days Payable?

Valiant organics's average Accounts Payable for the three months ended in Mar. 2024 was ₹2,074 Mil. Valiant organics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,322 Mil. Hence, Valiant organics's Days Payable for the three months ended in Mar. 2024 was 143.18.

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

BOM:540145' s Days Payable Range Over the Past 10 Years
Min: 23.26   Med: 65.32   Max: 139.34
Current: 136.42

During the past 13 years, Valiant organics's highest Days Payable was 139.34. The lowest was 23.26. And the median was 65.32.

BOM:540145's Days Payable is ranked better than
87.21% of 1501 companies
in the Chemicals industry
Industry Median: 60.63 vs BOM:540145: 136.42

Valiant organics's Days Payable increased from Mar. 2023 (91.84) to Mar. 2024 (143.18). It may suggest that Valiant organics delayed paying its suppliers.


Valiant organics Days Payable Historical Data

The historical data trend for Valiant organics'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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Valiant organics Days Payable Chart

Valiant organics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.50 80.67 53.54 78.67 139.34

Valiant organics Quarterly Data
Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.84 115.99 118.36 174.60 143.18

Competitive Comparison of Valiant organics's Days Payable

For the Chemicals subindustry, Valiant organics'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.


Valiant organics's Days Payable Distribution in the Chemicals Industry

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

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



Valiant organics 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.

Valiant organics'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
=( (1655.969 + 2074.451) / 2 ) / 4885.886*365
=1865.21 / 4885.886*365
=139.34

Valiant organics'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 + 2074.451) / 1 ) / 1322.033*365 / 4
=2074.451 / 1322.033*365 / 4
=143.18

* 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.


Valiant organics Days Payable Related Terms

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Valiant organics (BOM:540145) Business Description

Traded in Other Exchanges
Address
Mulund Goregaon Link Road, 109, Udyog Kshetra, 1st Floor, Mulund (West), Mumbai, MH, IND, 400080
Valiant organics Ltd is an Indian chemical manufacturing company. It is engaged in the manufacturing of chemicals for agro-intermediate and pharmaceutical requirements. The product portfolio includes Ortho Chloro Phenol, Para Chloro Phenol, 2:4 DI-Chloro Phenol, 2:6 DI-Chloro Phenol, and Para Nirto Aniline (PNA). The chemicals are used in Rubber, Agriculture, Cosmetic and Medical sector. The group sells its products in India and other countries, of which key revenue is derived within India.

Valiant organics (BOM:540145) Headlines

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