Gujarat State Fertilizers & Chemicals (NSE:GSFC) Days Payable : 71.60 (As of Dec. 2023)

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What is Gujarat State Fertilizers & Chemicals Days Payable?

Gujarat State Fertilizers & Chemicals's average Accounts Payable for the three months ended in Dec. 2023 was ₹9,560 Mil. Gujarat State Fertilizers & Chemicals's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹12,184 Mil. Hence, Gujarat State Fertilizers & Chemicals's Days Payable for the three months ended in Dec. 2023 was 71.60.

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

NSE:GSFC' s Days Payable Range Over the Past 10 Years
Min: 35.36 Med: 48.23 Max: 68.46
Current: 48.77

During the past 13 years, Gujarat State Fertilizers & Chemicals's highest Days Payable was 68.46. The lowest was 35.36. And the median was 48.23.

NSE:GSFC's Days Payable is ranked worse than
67.09% of 234 companies
in the Agriculture industry
Industry Median: 78.955 vs NSE:GSFC: 48.77

Gujarat State Fertilizers & Chemicals's Days Payable increased from Dec. 2022 (31.84) to Dec. 2023 (71.60). It may suggest that Gujarat State Fertilizers & Chemicals delayed paying its suppliers.

Gujarat State Fertilizers & Chemicals Days Payable Historical Data

The historical data trend for Gujarat State Fertilizers & Chemicals'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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Gujarat State Fertilizers & Chemicals Days Payable Chart

Gujarat State Fertilizers & Chemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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58.95

50.09

35.36

46.37

38.54

Gujarat State Fertilizers & Chemicals 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															31.84	41.16	44.03	41.61	71.60

Competitive Comparison of Gujarat State Fertilizers & Chemicals's Days Payable

For the Agricultural Inputs subindustry, Gujarat State Fertilizers & Chemicals'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.

Gujarat State Fertilizers & Chemicals's Days Payable Distribution in the Agriculture Industry

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

* The bar in red indicates where Gujarat State Fertilizers & Chemicals's Days Payable falls into.

Gujarat State Fertilizers & Chemicals 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.

Gujarat State Fertilizers & Chemicals'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
=	( (8269.801	+	6390.5)	/	2 )	/	69429.5	*	365
=	7330.1505					/	69429.5	*	365
=	38.54

Gujarat State Fertilizers & Chemicals'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
=	( (9559.5	+	0)	/	1 )	/	12183.7	*	365 / 4
=	9559.5					/	12183.7	*	365 / 4
=	71.60

Gujarat State Fertilizers & Chemicals Days Payable Related Terms

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Gujarat State Fertilizers & Chemicals (NSE:GSFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Gujarat State Fertilizers & Chemicals Ltd (NSE:GSFC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

500690:India

Address

P.O. Fertilizernagar, Vadodara, GJ, IND, 391750

Website

https://www.gsfclimited.com

Gujarat State Fertilizers & Chemicals Ltd is a manufacturer of fertilizers and chemicals. It is structured into two operating business segments: Fertilizer Products and Industrial Products. The company operates mainly in the Indian market and there are no reportable geographical segments. It derives the majority of its revenue from the Fertilizer products segment. The products and services covered under its Fertilizer segment include Urea, Ammonium Sulphate, Di-ammonium Phosphate, Ammonium Phosphate Sulphate, and traded fertilizer products. The Industrial Products consist of Caprolactam, Nylon-6, Nylon Filament Yarn, Nylon Chips, Melamine, Methanol, and Polymer products.

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