Astron Paper & Board Mill (BOM:540824) Days Payable : 104.50 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Astron Paper & Board Mill Days Payable?

Astron Paper & Board Mill's average Accounts Payable for the three months ended in Dec. 2023 was ₹580 Mil. Astron Paper & Board Mill's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹506 Mil. Hence, Astron Paper & Board Mill's Days Payable for the three months ended in Dec. 2023 was 104.50.

The historical rank and industry rank for Astron Paper & Board Mill's Days Payable or its related term are showing as below:

BOM:540824' s Days Payable Range Over the Past 10 Years
Min: 43.42 Med: 57.71 Max: 88.39
Current: 72.67

During the past 11 years, Astron Paper & Board Mill's highest Days Payable was 88.39. The lowest was 43.42. And the median was 57.71.

BOM:540824's Days Payable is ranked better than
62.5% of 280 companies
in the Forest Products industry
Industry Median: 57.37 vs BOM:540824: 72.67

Astron Paper & Board Mill's Days Payable increased from Dec. 2022 (97.99) to Dec. 2023 (104.50). It may suggest that Astron Paper & Board Mill delayed paying its suppliers.

Astron Paper & Board Mill Days Payable Historical Data

The historical data trend for Astron Paper & Board Mill'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.

Astron Paper & Board Mill Days Payable Chart

Astron Paper & Board Mill Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

57.14

88.39

70.69

58.27

64.61

Astron Paper & Board Mill 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															97.99	36.85	105.29	92.78	104.50

Competitive Comparison of Astron Paper & Board Mill's Days Payable

For the Paper & Paper Products subindustry, Astron Paper & Board Mill'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.

Astron Paper & Board Mill's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Astron Paper & Board Mill's Days Payable distribution charts can be found below:

* The bar in red indicates where Astron Paper & Board Mill's Days Payable falls into.

Astron Paper & Board Mill 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.

Astron Paper & Board Mill'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
=	( (750.441	+	617.637)	/	2 )	/	3864.084	*	365
=	684.039					/	3864.084	*	365
=	64.61

Astron Paper & Board Mill'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
=	( (579.887	+	0)	/	1 )	/	506.339	*	365 / 4
=	579.887					/	506.339	*	365 / 4
=	104.50

Astron Paper & Board Mill Days Payable Related Terms

Thank you for viewing the detailed overview of Astron Paper & Board Mill's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Astron Paper & Board Mill (BOM:540824) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Astron Paper & Board Mill Ltd (BOM:540824) » Definitions » Days Payable

Traded in Other Exchanges

ASTRON:India

Address

S G Highway, Ganesh Meridian, D-702, 7th Floor, Opposite High Court, Ahmedabad, GJ, IND, 380060

Website

https://www.astronpaper.com

Astron Paper & Board Mill Ltd is engaged in recycled corrugated paper manufacturing in India. The company mainly caters packaging industry and has developed a loyal clientele network. the product portfolio includes varied products like VTL, High RCT, Kraft Liner, Test Liner to Corrugated Medium Paper, ranging mainly from 80 GSM to 350 GSM and 16-40 BF. The dominant source of income of t e company is from the sale of kraft paper.

Astron Paper & Board Mill (BOM:540824) Headlines

No Headlines