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AA Plus Tradelink (BOM:543319) Days Payable : 22.79 (As of Sep. 2023)


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What is AA Plus Tradelink Days Payable?

AA Plus Tradelink's average Accounts Payable for the six months ended in Sep. 2023 was ₹10.8 Mil. AA Plus Tradelink's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹86.6 Mil. Hence, AA Plus Tradelink's Days Payable for the six months ended in Sep. 2023 was 22.79.

The historical rank and industry rank for AA Plus Tradelink's Days Payable or its related term are showing as below:

BOM:543319' s Days Payable Range Over the Past 10 Years
Min: 32.99   Med: 86.94   Max: 228.3
Current: 32.99

During the past 6 years, AA Plus Tradelink's highest Days Payable was 228.30. The lowest was 32.99. And the median was 86.94.

BOM:543319's Days Payable is ranked worse than
86.56% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs BOM:543319: 32.99

AA Plus Tradelink's Days Payable declined from Sep. 2022 (49.59) to Sep. 2023 (22.79). It may suggest that AA Plus Tradelink accelerated paying its suppliers.


AA Plus Tradelink Days Payable Historical Data

The historical data trend for AA Plus Tradelink'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.

AA Plus Tradelink Days Payable Chart

AA Plus Tradelink Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial 129.59 44.28 228.30 186.94 33.18

AA Plus Tradelink Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only 195.34 49.28 49.59 27.38 22.79

Competitive Comparison of AA Plus Tradelink's Days Payable

For the Metal Fabrication subindustry, AA Plus Tradelink'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.


AA Plus Tradelink's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AA Plus Tradelink's Days Payable distribution charts can be found below:

* The bar in red indicates where AA Plus Tradelink's Days Payable falls into.



AA Plus Tradelink 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.

AA Plus Tradelink'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
=( (28.904 + 0.124) / 2 ) / 159.642*365
=14.514 / 159.642*365
=33.18

AA Plus Tradelink's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.124 + 21.5) / 2 ) / 86.6*365 / 2
=10.812 / 86.6*365 / 2
=22.79

* 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.


AA Plus Tradelink Days Payable Related Terms

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AA Plus Tradelink (BOM:543319) Business Description

Traded in Other Exchanges
N/A
Address
Jambli Gali, Gomati Bhuvan, Near Jain Temple, B-702, Divine Jalpa, Borivali (West), Mumbai, MH, IND, 400092
AA Plus Tradelink Ltd is engaged in the trading of products made of iron & steel, aluminium, graphite, and other alloy products. It offers a diversified range of products such as aluminium bars, Aluminium Scrap, Aluminium Powder, G I pipes, Graphite Flakes, Graphite Powder, Graphite Rods and others. The Company's Business activity falls in Single Primary segment which is Trading in Industrial.

AA Plus Tradelink (BOM:543319) Headlines

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