Maximus International (BOM:540401) Days Payable : 138.68 (As of Dec. 2023)

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What is Maximus International Days Payable?

Maximus International's average Accounts Payable for the three months ended in Dec. 2023 was ₹296.1 Mil. Maximus International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹194.9 Mil. Hence, Maximus International's Days Payable for the three months ended in Dec. 2023 was 138.68.

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

BOM:540401' s Days Payable Range Over the Past 10 Years
Min: 10.4 Med: 53.46 Max: 114.7
Current: 114.7

During the past 8 years, Maximus International's highest Days Payable was 114.70. The lowest was 10.40. And the median was 53.46.

BOM:540401's Days Payable is ranked better than
81.79% of 1505 companies
in the Chemicals industry
Industry Median: 61.03 vs BOM:540401: 114.70

Maximus International's Days Payable increased from Dec. 2022 (90.70) to Dec. 2023 (138.68). It may suggest that Maximus International delayed paying its suppliers.

Maximus International Days Payable Historical Data

The historical data trend for Maximus International'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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Maximus International Days Payable Chart

Maximus International Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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18.74

76.73

57.33

53.46

71.12

Maximus International 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															90.70	102.96	113.44	136.37	138.68

Competitive Comparison of Maximus International's Days Payable

For the Specialty Chemicals subindustry, Maximus International'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.

Maximus International's Days Payable Distribution in the Chemicals Industry

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

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

Maximus International 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.

Maximus International'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
=	( (106.071	+	209.512)	/	2 )	/	809.868	*	365
=	157.7915					/	809.868	*	365
=	71.12

Maximus International'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
=	( (296.135	+	0)	/	1 )	/	194.859	*	365 / 4
=	296.135					/	194.859	*	365 / 4
=	138.68

Maximus International Days Payable Related Terms

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Maximus International (BOM:540401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Maximus International Ltd (BOM:540401) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dr. Vikram Sarabhai Marg, 504 A, Ozone, 5th Floor, Vadi Wadi, Vadodara, GJ, IND, 390003

Website

https://www.maximusinternational.in

Maximus International Ltd is engaged in the import and export of oils and chemicals. The company trades lubricant oil for the automotive industry such as Diesel and petrol engine oil, Brake oil; Circulating and Hydraulic oil, Open and enclosed gearbox oil, Sewing machine oil, and coning oil, among others for industrial oil. It also offers specialty oils such as printing ink, aluminum rolling lubricants, insulating oil, and calibration oil, among others. The company also provides agriculture products and additives such as herbal pesticides, integrated pest management and lures, tractor spares and attachments, lubricating, and plastic additives. The group sells its products in India and Outside India of which prime revenue is made from the sales made Outside India.

Maximus International (BOM:540401) Headlines

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