Prince Pipes And Fittings (BOM:542907) Days Payable : 43.52 (As of Mar. 2024)

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What is Prince Pipes And Fittings Days Payable?

Prince Pipes And Fittings's average Accounts Payable for the three months ended in Mar. 2024 was ₹2,491 Mil. Prince Pipes And Fittings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹5,224 Mil. Hence, Prince Pipes And Fittings's Days Payable for the three months ended in Mar. 2024 was 43.52.

The historical rank and industry rank for Prince Pipes And Fittings's Days Payable or its related term are showing as below:

BOM:542907' s Days Payable Range Over the Past 10 Years
Min: 30.8 Med: 61.14 Max: 68.36
Current: 56.62

During the past 11 years, Prince Pipes And Fittings's highest Days Payable was 68.36. The lowest was 30.80. And the median was 61.14.

BOM:542907's Days Payable is ranked worse than
64.75% of 1603 companies
in the Construction industry
Industry Median: 75.21 vs BOM:542907: 56.62

Prince Pipes And Fittings's Days Payable declined from Mar. 2023 (57.05) to Mar. 2024 (43.52). It may suggest that Prince Pipes And Fittings accelerated paying its suppliers.

Prince Pipes And Fittings Days Payable Historical Data

The historical data trend for Prince Pipes And Fittings'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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Prince Pipes And Fittings Days Payable Chart

Prince Pipes And Fittings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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66.26

66.45

68.36

62.70

57.11

Prince Pipes And Fittings 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															57.05	70.54	56.08	58.62	43.52

Competitive Comparison of Prince Pipes And Fittings's Days Payable

For the Building Products & Equipment subindustry, Prince Pipes And Fittings'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.

Prince Pipes And Fittings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Prince Pipes And Fittings's Days Payable distribution charts can be found below:

* The bar in red indicates where Prince Pipes And Fittings's Days Payable falls into.

Prince Pipes And Fittings 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.

Prince Pipes And Fittings'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
=	( (3201.95	+	2491.39)	/	2 )	/	18193.04	*	365
=	2846.67					/	18193.04	*	365
=	57.11

Prince Pipes And Fittings'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	+	2491.39)	/	1 )	/	5223.84	*	365 / 4
=	2491.39					/	5223.84	*	365 / 4
=	43.52

Prince Pipes And Fittings Days Payable Related Terms

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Prince Pipes And Fittings (BOM:542907) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Prince Pipes And Fittings Ltd (BOM:542907) » Definitions » Days Payable

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PRINCEPIPE:India

Address

29, Senapati Bapat Marg (Tulsi Pipe Road), 8th Floor, The Ruby, Dadar (West), Mumbai, MH, IND, 400 028

Website

https://www.princepipes.com

Prince Pipes And Fittings Ltd is a manufacturer of polymer pipes and fittings. The company manufactures polymer pipes using four different polymers: UPVC; CPVC; PPR; and HDPE, and fittings using three different polymers: UPVC; CPVC; and PPR. It markets its products under two brand names: Prince Piping Systems; and Trubore. The company's products are used for various applications in plumbing, irrigation, and soil, waste and rainwater management in both rural and urban areas.

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