Madhya Bharat Agro Products (NSE:MBAPL) Days Payable : 86.33 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Madhya Bharat Agro Products Days Payable?

Madhya Bharat Agro Products's average Accounts Payable for the three months ended in Mar. 2024 was ₹617 Mil. Madhya Bharat Agro Products's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹652 Mil. Hence, Madhya Bharat Agro Products's Days Payable for the three months ended in Mar. 2024 was 86.33.

The historical rank and industry rank for Madhya Bharat Agro Products's Days Payable or its related term are showing as below:

NSE:MBAPL' s Days Payable Range Over the Past 10 Years
Min: 15.35 Med: 35.74 Max: 51.05
Current: 31.78

During the past 13 years, Madhya Bharat Agro Products's highest Days Payable was 51.05. The lowest was 15.35. And the median was 35.74.

NSE:MBAPL's Days Payable is ranked worse than
80% of 235 companies
in the Agriculture industry
Industry Median: 75.32 vs NSE:MBAPL: 31.78

Madhya Bharat Agro Products's Days Payable increased from Mar. 2023 (8.60) to Mar. 2024 (86.33). It may suggest that Madhya Bharat Agro Products delayed paying its suppliers.

Madhya Bharat Agro Products Days Payable Historical Data

The historical data trend for Madhya Bharat Agro Products'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.

Madhya Bharat Agro Products Days Payable Chart

Madhya Bharat Agro Products Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

28.17

51.05

34.71

15.35

25.09

Madhya Bharat Agro Products Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															8.60	14.55	30.90	32.26	86.33

Competitive Comparison of Madhya Bharat Agro Products's Days Payable

For the Agricultural Inputs subindustry, Madhya Bharat Agro Products'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.

Madhya Bharat Agro Products's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Madhya Bharat Agro Products's Days Payable distribution charts can be found below:

* The bar in red indicates where Madhya Bharat Agro Products's Days Payable falls into.

Madhya Bharat Agro Products 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.

Madhya Bharat Agro Products'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
=	( (148.948	+	617.227)	/	2 )	/	5572.992	*	365
=	383.0875					/	5572.992	*	365
=	25.09

Madhya Bharat Agro Products'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	617.227)	/	1 )	/	652.386	*	365 / 4
=	617.227					/	652.386	*	365 / 4
=	86.33

Madhya Bharat Agro Products Days Payable Related Terms

Thank you for viewing the detailed overview of Madhya Bharat Agro Products's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Madhya Bharat Agro Products (NSE:MBAPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Madhya Bharat Agro Products Ltd (NSE:MBAPL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-0-21, Basement, R.C. Vyas Colony, Bhilwara, RJ, IND, 311001

Website

https://www.mbapl.com

Madhya Bharat Agro Products Ltd is engaged in the manufacturing of fertilizers and chemicals The company operates through two segments namely Manufacturing of Fertilizers and Manufacturing of Chemical. The firm is setting up a project comprising of phosphoric acid, triple superphosphate, chemicals and allied product and further expansion of single super phosphate and sulfuric acid. In addition, it is also involved in the business of purchase and sale of textiles and agricultural products. Most of its revenue is derived from the manufacturing of fertilizers.

Madhya Bharat Agro Products (NSE:MBAPL) Headlines

No Headlines