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Natural Biocon (India) (BOM:543207) Days Payable : 61.37 (As of Dec. 2023)


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What is Natural Biocon (India) Days Payable?

Natural Biocon (India)'s average Accounts Payable for the three months ended in Dec. 2023 was ₹13.74 Mil. Natural Biocon (India)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹20.43 Mil. Hence, Natural Biocon (India)'s Days Payable for the three months ended in Dec. 2023 was 61.37.

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

BOM:543207' s Days Payable Range Over the Past 10 Years
Min: 28.57   Med: 122.09   Max: 215.6
Current: 53.4

During the past 9 years, Natural Biocon (India)'s highest Days Payable was 215.60. The lowest was 28.57. And the median was 122.09.

BOM:543207's Days Payable is ranked worse than
58.06% of 1502 companies
in the Chemicals industry
Industry Median: 60.55 vs BOM:543207: 53.40

Natural Biocon (India)'s Days Payable increased from Dec. 2022 (6.42) to Dec. 2023 (61.37). It may suggest that Natural Biocon (India) delayed paying its suppliers.


Natural Biocon (India) Days Payable Historical Data

The historical data trend for Natural Biocon (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.

Natural Biocon (India) Days Payable Chart

Natural Biocon (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only - - - 28.57 215.60

Natural Biocon (India) 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 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 6.42 387.18 619.60 40.92 61.37

Competitive Comparison of Natural Biocon (India)'s Days Payable

For the Specialty Chemicals subindustry, Natural Biocon (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.


Natural Biocon (India)'s Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Natural Biocon (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Natural Biocon (India)'s Days Payable falls into.



Natural Biocon (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.

Natural Biocon (India)'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
=( (0.225 + 10.158) / 2 ) / 8.789*365
=5.1915 / 8.789*365
=215.60

Natural Biocon (India)'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
=( (13.74 + 0) / 1 ) / 20.43*365 / 4
=13.74 / 20.43*365 / 4
=61.37

* 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.


Natural Biocon (India) Days Payable Related Terms

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Natural Biocon (India) (BOM:543207) Business Description

Traded in Other Exchanges
N/A
Address
Iscon Temple Cross Road, S. G. Highway, 1007, Sankalp Iconic, Opposite Vikram Nagar, Ahmedabad, GJ, IND, 380054
Natural Biocon (India) Ltd is engaged in the business of chemicals, natural extracts, and agricultural products. The company is a manufacturer of natural food colors. Its revenue stream is retail trading of commodities which are generated through the sale of chemicals in Ahmedabad and Mumbai. The Company generates revenue and operates within India.

Natural Biocon (India) (BOM:543207) Headlines

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