Manaksia Aluminium Co (BOM:539045) Days Payable : 148.55 (As of Dec. 2023)

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What is Manaksia Aluminium Co Days Payable?

Manaksia Aluminium Co's average Accounts Payable for the three months ended in Dec. 2023 was ₹1,155 Mil. Manaksia Aluminium Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹709 Mil. Hence, Manaksia Aluminium Co's Days Payable for the three months ended in Dec. 2023 was 148.55.

The historical rank and industry rank for Manaksia Aluminium Co's Days Payable or its related term are showing as below:

BOM:539045' s Days Payable Range Over the Past 10 Years
Min: 15.67 Med: 74.56 Max: 145.14
Current: 145.14

During the past 10 years, Manaksia Aluminium Co's highest Days Payable was 145.14. The lowest was 15.67. And the median was 74.56.

BOM:539045's Days Payable is ranked better than
51.92% of 1069 companies
in the Metals & Mining industry
Industry Median: 129.08 vs BOM:539045: 145.14

Manaksia Aluminium Co's Days Payable increased from Sep. 2022 (96.76) to Dec. 2023 (148.55). It may suggest that Manaksia Aluminium Co delayed paying its suppliers.

Manaksia Aluminium Co Days Payable Historical Data

The historical data trend for Manaksia Aluminium Co'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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Manaksia Aluminium Co Days Payable Chart

Manaksia Aluminium Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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61.31

102.39

107.56

88.79

87.81

Manaksia Aluminium Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															96.76	104.82	74.30	140.12	148.55

Competitive Comparison of Manaksia Aluminium Co's Days Payable

For the Aluminum subindustry, Manaksia Aluminium Co'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.

Manaksia Aluminium Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Manaksia Aluminium Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Manaksia Aluminium Co's Days Payable falls into.

Manaksia Aluminium Co 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.

Manaksia Aluminium Co'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
=	( (823.262	+	813.822)	/	2 )	/	3402.518	*	365
=	818.542					/	3402.518	*	365
=	87.81

Manaksia Aluminium Co'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
=	( (1154.8	+	0)	/	1 )	/	709.38	*	365 / 4
=	1154.8					/	709.38	*	365 / 4
=	148.55

Manaksia Aluminium Co Days Payable Related Terms

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Manaksia Aluminium Co (BOM:539045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Manaksia Aluminium Co Ltd (BOM:539045) » Definitions » Days Payable

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MANAKALUCO:India

Address

8/1 Lal Bazar Street, Bikaner Building, 3rd Floor, Kolkata, WB, IND, 700 001

Website

https://www.manaksiaaluminium.com

Manaksia Aluminium Co Ltd is an Indian company engaged in manufacturing Aluminium rolled products and Aluminium alloy ingots. The products offered by the firm are Aluminium Coils, Aluminium Plain Sheets, Aluminium Roofing Sheets, Aluminium Color Coated Coils, Aluminium Flooring Sheets and Embossed Coils. The company has operations in India as well as overseas. It generates a vast majority of the revenue from the sale of products in the overseas market.

Manaksia Aluminium Co (BOM:539045) Headlines

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