Vital Chemtech (NSE:VITAL) Days Payable : 73.59 (As of Sep. 2023)

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What is Vital Chemtech Days Payable?

Vital Chemtech's average Accounts Payable for the six months ended in Sep. 2023 was ₹166 Mil. Vital Chemtech's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹413 Mil. Hence, Vital Chemtech's Days Payable for the six months ended in Sep. 2023 was 73.59.

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

NSE:VITAL' s Days Payable Range Over the Past 10 Years
Min: 68.18 Med: 111.89 Max: 169.04
Current: 68.18

During the past 4 years, Vital Chemtech's highest Days Payable was 169.04. The lowest was 68.18. And the median was 111.89.

NSE:VITAL's Days Payable is ranked better than
56.95% of 1503 companies
in the Chemicals industry
Industry Median: 60.35 vs NSE:VITAL: 68.18

Vital Chemtech's Days Payable declined from Sep. 2022 (121.72) to Sep. 2023 (73.59). It may suggest that Vital Chemtech accelerated paying its suppliers.

Vital Chemtech Days Payable Historical Data

The historical data trend for Vital Chemtech'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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Vital Chemtech Days Payable Chart

Vital Chemtech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

110.18

113.60

169.04

87.51

Vital Chemtech Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			-	-	121.72	58.12	73.59

Competitive Comparison of Vital Chemtech's Days Payable

For the Specialty Chemicals subindustry, Vital Chemtech'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.

Vital Chemtech's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vital Chemtech's Days Payable distribution charts can be found below:

* The bar in red indicates where Vital Chemtech's Days Payable falls into.

Vital Chemtech 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.

Vital Chemtech'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
=	( (274.155	+	152.38)	/	2 )	/	889.51	*	365
=	213.2675					/	889.51	*	365
=	87.51

Vital Chemtech'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
=	( (152.38	+	180.61)	/	2 )	/	412.9	*	365 / 2
=	166.495					/	412.9	*	365 / 2
=	73.59

Vital Chemtech Days Payable Related Terms

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Vital Chemtech (NSE:VITAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vital Chemtech Ltd (NSE:VITAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. G. Highway, Opposite Karnavati Club, B-406, Mondeal Heights, Ahmedabad, GJ, IND, 380015

Website

https://www.vitalgroup.co.in

Vital Chemtech Ltd is engaged in the business of manufacturing, producing, refining, processing, formulating, mixing, enriching, mining, importing, exporting, acquiring, inventing, buying, selling, exchanging, distributing, and otherwise trading and dealing in all kinds of mixtures, formlations, intermediates, derivatives, compounds, phosphorous based chemicals, fine chemicals, heavy chemicals, valence, inorganic and organic chemicals, source materials, intermediates, ingredients, mixtures, derivatives and compounds. The company's Products include Phosphorus Derivatives, Industrial Chemicals, Specialty Chemicals & Intermediates, Organophosphates, Polymers & Dispersants, and Wellness Products.

Vital Chemtech (NSE:VITAL) Headlines

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