N D Metal Industries (BOM:512024) Days Payable : 171.75 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is N D Metal Industries Days Payable?

N D Metal Industries's average Accounts Payable for the three months ended in Dec. 2023 was ₹1.05 Mil. N D Metal Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.56 Mil. Hence, N D Metal Industries's Days Payable for the three months ended in Dec. 2023 was 171.75.

The historical rank and industry rank for N D Metal Industries's Days Payable or its related term are showing as below:

BOM:512024' s Days Payable Range Over the Past 10 Years
Min: 158.71 Med: 1360.36 Max: 157172.28
Current: 158.71

During the past 13 years, N D Metal Industries's highest Days Payable was 157172.28. The lowest was 158.71. And the median was 1360.36.

BOM:512024's Days Payable is ranked better than
52.72% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs BOM:512024: 158.71

N D Metal Industries's Days Payable increased from Dec. 2022 (153.06) to Dec. 2023 (171.75). It may suggest that N D Metal Industries delayed paying its suppliers.

N D Metal Industries Days Payable Historical Data

The historical data trend for N D Metal Industries'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.

N D Metal Industries Days Payable Chart

N D Metal Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

646.96

612.98

1,454.69

3,153.76

165.95

N D Metal Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															153.06	80.62	238.45	240.49	171.75

Competitive Comparison of N D Metal Industries's Days Payable

For the Other Industrial Metals & Mining subindustry, N D Metal Industries'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.

N D Metal Industries's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, N D Metal Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where N D Metal Industries's Days Payable falls into.

N D Metal Industries 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.

N D Metal Industries'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
=	( (0.739	+	0.906)	/	2 )	/	1.809	*	365
=	0.8225					/	1.809	*	365
=	165.95

N D Metal Industries's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.922	+	1.186)	/	2 )	/	0.56	*	365 / 4
=	1.054					/	0.56	*	365 / 4
=	171.75

N D Metal Industries Days Payable Related Terms

Thank you for viewing the detailed overview of N D Metal Industries's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

N D Metal Industries (BOM:512024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » N D Metal Industries Ltd (BOM:512024) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

417, Maker Chamber V, Nariman Point, Mumbai, MH, IND, 400021

Website

http://www.ndmil.com

N D Metal Industries Ltd engages in the trading and manufacture of non-ferrous metals in India. The company's major Import consists of Item, Aluminium Scrap, Brass Dross, Zinc score, Silicon Metal, Coal, Furnace Oil.

N D Metal Industries (BOM:512024) Headlines

No Headlines