Adarsh Plant Protect (BOM:526711) Days Payable : 61.35 (As of Mar. 2024)

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What is Adarsh Plant Protect Days Payable?

Adarsh Plant Protect's average Accounts Payable for the three months ended in Mar. 2024 was ₹27.7 Mil. Adarsh Plant Protect's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹41.3 Mil. Hence, Adarsh Plant Protect's Days Payable for the three months ended in Mar. 2024 was 61.35.

The historical rank and industry rank for Adarsh Plant Protect's Days Payable or its related term are showing as below:

BOM:526711' s Days Payable Range Over the Past 10 Years
Min: 20.93 Med: 39.27 Max: 55.25
Current: 55.25

During the past 13 years, Adarsh Plant Protect's highest Days Payable was 55.25. The lowest was 20.93. And the median was 39.27.

BOM:526711's Days Payable is ranked worse than
70.73% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 72.84 vs BOM:526711: 55.25

Adarsh Plant Protect's Days Payable increased from Mar. 2023 (37.48) to Mar. 2024 (61.35). It may suggest that Adarsh Plant Protect delayed paying its suppliers.

Adarsh Plant Protect Days Payable Historical Data

The historical data trend for Adarsh Plant Protect'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.

Adarsh Plant Protect Days Payable Chart

Adarsh Plant Protect Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

41.42

43.04

35.75

37.11

51.71

Adarsh Plant Protect 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															37.48	39.32	76.31	52.09	61.35

Competitive Comparison of Adarsh Plant Protect's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Adarsh Plant Protect'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.

Adarsh Plant Protect's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Adarsh Plant Protect's Days Payable distribution charts can be found below:

* The bar in red indicates where Adarsh Plant Protect's Days Payable falls into.

Adarsh Plant Protect 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.

Adarsh Plant Protect'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
=	( (12.969	+	27.739)	/	2 )	/	143.668	*	365
=	20.354					/	143.668	*	365
=	51.71

Adarsh Plant Protect'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	+	27.739)	/	1 )	/	41.26	*	365 / 4
=	27.739					/	41.26	*	365 / 4
=	61.35

Adarsh Plant Protect Days Payable Related Terms

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Adarsh Plant Protect (BOM:526711) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Adarsh Plant Protect Ltd (BOM:526711) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 604, G.I.D.C. Estate, Vitthal Udyognagar, Anand, GJ, IND, 388121

Website

https://www.adarshplant.com

Adarsh Plant Protect Ltd is an Indian company which is engaged in manufacturing and selling plant protection and agricultural equipment. It mainly manufactures manual and battery-operated knapsack sprayer pumps, fertilizer dusters and broadcasters, and manual and power operated seed dressing drums. The agricultural equipment produces by the company includes hand-operated agricultural sprayer pumps, foot-operated agricultural sprayer pumps, rocker sprayer pumps, and others under the Adarsh brand. The company also manufactures barrels with MS/GI sheets, HMHDPE composite barrels of GI sheets, and inside epoxy lacquered MS barrels. The operating segments of the company are Agricultural Equipment, Barrel, and Eco Stove.

Adarsh Plant Protect (BOM:526711) Headlines

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