Pyramid Technoplast (BOM:543969) Days Payable : 47.66 (As of Mar. 2024)

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What is Pyramid Technoplast Days Payable?

Pyramid Technoplast's average Accounts Payable for the six months ended in Mar. 2024 was ₹509 Mil. Pyramid Technoplast's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹1,950 Mil. Hence, Pyramid Technoplast's Days Payable for the six months ended in Mar. 2024 was 47.66.

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

BOM:543969' s Days Payable Range Over the Past 10 Years
Min: 40.75 Med: 52.96 Max: 68.14
Current: 44.82

During the past 5 years, Pyramid Technoplast's highest Days Payable was 68.14. The lowest was 40.75. And the median was 52.96.

BOM:543969's Days Payable is ranked worse than
66.49% of 370 companies
in the Packaging & Containers industry
Industry Median: 58.225 vs BOM:543969: 44.82

Pyramid Technoplast's Days Payable increased from Mar. 2023 (43.44) to Mar. 2024 (47.66). It may suggest that Pyramid Technoplast delayed paying its suppliers.

Pyramid Technoplast Days Payable Historical Data

The historical data trend for Pyramid Technoplast'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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Pyramid Technoplast Days Payable Chart

Pyramid Technoplast Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

68.14

61.25

44.66

40.75

42.80

Pyramid Technoplast Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			-	35.30	43.44	46.65	47.66

Competitive Comparison of Pyramid Technoplast's Days Payable

For the Packaging & Containers subindustry, Pyramid Technoplast'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.

Pyramid Technoplast's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Pyramid Technoplast's Days Payable distribution charts can be found below:

* The bar in red indicates where Pyramid Technoplast's Days Payable falls into.

Pyramid Technoplast 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.

Pyramid Technoplast's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (494.271	+	450.394)	/	2 )	/	4028.42	*	365
=	472.3325					/	4028.42	*	365
=	42.80

Pyramid Technoplast's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (568.109	+	450.394)	/	2 )	/	1950.151	*	365 / 2
=	509.2515					/	1950.151	*	365 / 2
=	47.66

Pyramid Technoplast Days Payable Related Terms

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Pyramid Technoplast (BOM:543969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pyramid Technoplast Ltd (BOM:543969) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PYRAMID:India

Address

Rani Sati Marg, Office No. 2, Second Floor, Shah Trade Center, Near W.E. Highway, Malad East, Mumbai, MH, IND, 400 067

Website

https://www.pyramidtechnoplast.com

Pyramid Technoplast Ltd is an industrial packaging company engaged in the business of manufacturing polymer-based molded products (Polymer Drums) mainly used by chemical, agrochemical, specialty chemical and pharmaceutical companies for their packaging requirements. It is one of the leading manufacturers of rigid Intermediate Bulk Containers (IBC) in India manufacturing 1,000-litre capacity IBC. IBCs are industrial-grade containers engineered for the mass handling, transport, and storage of liquids, semi-solids, pastes, or solids. The company uses blow molding technology to manufacture Polymer Drums and IBCs.

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