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Lloyds Metals & Energy (NSE:LLOYDSME) Days Payable : 38.54 (As of Mar. 2024)


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What is Lloyds Metals & Energy Days Payable?

Lloyds Metals & Energy's average Accounts Payable for the three months ended in Mar. 2024 was ₹3,951 Mil. Lloyds Metals & Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹9,355 Mil. Hence, Lloyds Metals & Energy's Days Payable for the three months ended in Mar. 2024 was 38.54.

The historical rank and industry rank for Lloyds Metals & Energy's Days Payable or its related term are showing as below:

NSE:LLOYDSME' s Days Payable Range Over the Past 10 Years
Min: 7.14   Med: 63.22   Max: 81.75
Current: 16.46

During the past 13 years, Lloyds Metals & Energy's highest Days Payable was 81.75. The lowest was 7.14. And the median was 63.22.

NSE:LLOYDSME's Days Payable is ranked worse than
83.36% of 589 companies
in the Steel industry
Industry Median: 41.09 vs NSE:LLOYDSME: 16.46

Lloyds Metals & Energy's Days Payable increased from Mar. 2023 (12.27) to Mar. 2024 (38.54). It may suggest that Lloyds Metals & Energy delayed paying its suppliers.


Lloyds Metals & Energy Days Payable Historical Data

The historical data trend for Lloyds Metals & Energy'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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Lloyds Metals & Energy Days Payable Chart

Lloyds Metals & Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.93 81.75 20.87 7.14 20.74

Lloyds Metals & Energy 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.27 5.35 11.87 6.59 38.54

Competitive Comparison of Lloyds Metals & Energy's Days Payable

For the Steel subindustry, Lloyds Metals & Energy'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.


Lloyds Metals & Energy's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lloyds Metals & Energy's Days Payable distribution charts can be found below:

* The bar in red indicates where Lloyds Metals & Energy's Days Payable falls into.



Lloyds Metals & Energy 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.

Lloyds Metals & Energy'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
=( (745.3 + 3950.9) / 2 ) / 41317.3*365
=2348.1 / 41317.3*365
=20.74

Lloyds Metals & Energy'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 + 3950.9) / 1 ) / 9354.8*365 / 4
=3950.9 / 9354.8*365 / 4
=38.54

* 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.


Lloyds Metals & Energy Days Payable Related Terms

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Lloyds Metals & Energy (NSE:LLOYDSME) Business Description

Traded in Other Exchanges
Address
Pandurang Budhkar Marg, A2, 2nd Floor, Madhu Estate, Lower Parel (West), Mumbai, MH, IND, 400013
Lloyds Metals & Energy Ltd is an Indian coal-based sponge iron producer, engaged in the manufacturing of sponge iron and steel, and generation/distribution of Power. The firm's main segment activities are Sponge Iron and Mining. The company generates most of its revenues from the sale of Mining segment.

Lloyds Metals & Energy (NSE:LLOYDSME) Headlines

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