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Ducol Organics And Colours (NSE:DUCOL) Days Payable : 112.80 (As of Sep. 2023)


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What is Ducol Organics And Colours Days Payable?

Ducol Organics And Colours's average Accounts Payable for the six months ended in Sep. 2023 was ₹152.1 Mil. Ducol Organics And Colours's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹246.1 Mil. Hence, Ducol Organics And Colours's Days Payable for the six months ended in Sep. 2023 was 112.80.

The historical rank and industry rank for Ducol Organics And Colours's Days Payable or its related term are showing as below:

NSE:DUCOL' s Days Payable Range Over the Past 10 Years
Min: 97.74   Med: 137.61   Max: 158.33
Current: 109.47

During the past 4 years, Ducol Organics And Colours's highest Days Payable was 158.33. The lowest was 97.74. And the median was 137.61.

NSE:DUCOL's Days Payable is ranked better than
80% of 1505 companies
in the Chemicals industry
Industry Median: 60.89 vs NSE:DUCOL: 109.47

Ducol Organics And Colours's Days Payable declined from Sep. 2022 (114.20) to Sep. 2023 (112.80). It may suggest that Ducol Organics And Colours accelerated paying its suppliers.


Ducol Organics And Colours Days Payable Historical Data

The historical data trend for Ducol Organics And Colours'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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Ducol Organics And Colours Days Payable Chart

Ducol Organics And Colours Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Days Payable
158.33 151.33 123.88 97.74

Ducol Organics And Colours Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial - - 114.20 97.36 112.80

Competitive Comparison of Ducol Organics And Colours's Days Payable

For the Specialty Chemicals subindustry, Ducol Organics And Colours'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.


Ducol Organics And Colours's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ducol Organics And Colours's Days Payable distribution charts can be found below:

* The bar in red indicates where Ducol Organics And Colours's Days Payable falls into.



Ducol Organics And Colours 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.

Ducol Organics And Colours'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
=( (177.666 + 131.59) / 2 ) / 577.428*365
=154.628 / 577.428*365
=97.74

Ducol Organics And Colours'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
=( (131.59 + 172.672) / 2 ) / 246.142*365 / 2
=152.131 / 246.142*365 / 2
=112.80

* 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.


Ducol Organics And Colours Days Payable Related Terms

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Ducol Organics And Colours (NSE:DUCOL) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 22/2, Taloja, Taluka Panvel, Raigad, MH, IND
Ducol Organics And Colours Ltd is engaged in the business of manufacturing and selling pigment dispersions, preparations, concentrates, paste colorants, and masterbatches. The company offers a range of pigment dispersions for various industries like Paints, Inks, Textiles, Detergent, Paper, Rubber, and Plastics. color solutions for various industries like paints, ink, textiles, rubber, plastic, leather, paper, soaps, detergents, and FMCG.

Ducol Organics And Colours (NSE:DUCOL) Headlines

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