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Deep Polymers (BOM:541778) Days Payable : 85.53 (As of Dec. 2023)


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What is Deep Polymers Days Payable?

Deep Polymers's average Accounts Payable for the three months ended in Dec. 2023 was ₹151 Mil. Deep Polymers's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹161 Mil. Hence, Deep Polymers's Days Payable for the three months ended in Dec. 2023 was 85.53.

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

BOM:541778' s Days Payable Range Over the Past 10 Years
Min: 15.91   Med: 38.74   Max: 78
Current: 41.53

During the past 10 years, Deep Polymers's highest Days Payable was 78.00. The lowest was 15.91. And the median was 38.74.

BOM:541778's Days Payable is ranked worse than
69.61% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs BOM:541778: 41.53

Deep Polymers's Days Payable increased from Dec. 2022 (22.18) to Dec. 2023 (85.53). It may suggest that Deep Polymers delayed paying its suppliers.


Deep Polymers Days Payable Historical Data

The historical data trend for Deep Polymers'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.

Deep Polymers Days Payable Chart

Deep Polymers Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.08 17.01 25.05 15.91 29.75

Deep Polymers Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 22.18 34.05 34.58 67.22 85.53

Competitive Comparison of Deep Polymers's Days Payable

For the Specialty Chemicals subindustry, Deep Polymers'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.


Deep Polymers's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Deep Polymers's Days Payable falls into.



Deep Polymers 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.

Deep Polymers'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
=( (60.917 + 95.863) / 2 ) / 961.807*365
=78.39 / 961.807*365
=29.75

Deep Polymers'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
=( (150.966 + 0) / 1 ) / 161.055*365 / 4
=150.966 / 161.055*365 / 4
=85.53

* 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.


Deep Polymers Days Payable Related Terms

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Deep Polymers (BOM:541778) Business Description

Traded in Other Exchanges
N/A
Address
Block No. 727 and 553, Rakanpur (Santej), Kalol District, Gandhinagar, GJ, IND, 382 721
Deep Polymers Ltd is an India based company that manufactures colour and additive masterbatches for engineering plastics and compounds. It manufactures and supplies Masterbatches such as Antifab Fillers, Transparent Fillers, Color Fillers, White Masterbatches, Special Effect Masterbatches, and Additive Masterbatches.

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