Engro Fertilizers (KAR:EFERT) Days Payable : 4.93 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Engro Fertilizers Days Payable?

Engro Fertilizers's average Accounts Payable for the three months ended in Mar. 2024 was ₨2,769 Mil. Engro Fertilizers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨51,266 Mil. Hence, Engro Fertilizers's Days Payable for the three months ended in Mar. 2024 was 4.93.

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

KAR:EFERT' s Days Payable Range Over the Past 10 Years
Min: 8.74 Med: 44.04 Max: 97.85
Current: 9.41

During the past 11 years, Engro Fertilizers's highest Days Payable was 97.85. The lowest was 8.74. And the median was 44.04.

KAR:EFERT's Days Payable is ranked worse than
98.3% of 235 companies
in the Agriculture industry
Industry Median: 78.42 vs KAR:EFERT: 9.41

Engro Fertilizers's Days Payable declined from Mar. 2023 (15.77) to Mar. 2024 (4.93). It may suggest that Engro Fertilizers accelerated paying its suppliers.

Engro Fertilizers Days Payable Historical Data

The historical data trend for Engro Fertilizers'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.

Engro Fertilizers Days Payable Chart

Engro Fertilizers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

20.09

29.24

68.16

49.56

8.74

Engro Fertilizers 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															15.77	22.62	9.90	5.18	4.93

Competitive Comparison of Engro Fertilizers's Days Payable

For the Agricultural Inputs subindustry, Engro Fertilizers'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.

Engro Fertilizers's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Engro Fertilizers's Days Payable distribution charts can be found below:

* The bar in red indicates where Engro Fertilizers's Days Payable falls into.

Engro Fertilizers 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.

Engro Fertilizers's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (4976.897	+	2272.404)	/	2 )	/	151407.364	*	365
=	3624.6505					/	151407.364	*	365
=	8.74

Engro Fertilizers'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
=	( (2272.404	+	3264.679)	/	2 )	/	51265.789	*	365 / 4
=	2768.5415					/	51265.789	*	365 / 4
=	4.93

Engro Fertilizers Days Payable Related Terms

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

Engro Fertilizers (KAR:EFERT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Engro Fertilizers Ltd (KAR:EFERT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No HC No-3, Marine Drive, Block 4, 7th & 8th Floor, The Harbor Front Building, Scheme Number 5, Clifton, Karachi, SD, PAK, 75600

Website

https://www.engrofertilizers.com

Engro Fertilizers Ltd is a Pakistan-based company mainly involved in the manufacturing, purchasing, and marketing of fertilizers, seeds, and pesticides and providing logistics services. It operates in five segments: Urea, Phosphates, Specialty Fertilizers Business, Crop Sciences division, and E-logistics. The company offers different ranges of products under brand names such as Engro Urea, Engro DAP, Engro NP, Engro Envy, Engro Zarkhez, Engro MOP, and Zingro.

Engro Fertilizers (KAR:EFERT) Headlines

No Headlines