Lead Reclaim and Rubber Products (NSE:LRRPL) Days Payable : 67.04 (As of Sep. 2023)

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What is Lead Reclaim and Rubber Products Days Payable?

Lead Reclaim and Rubber Products's average Accounts Payable for the six months ended in Sep. 2023 was ₹10.80 Mil. Lead Reclaim and Rubber Products's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹29.40 Mil. Hence, Lead Reclaim and Rubber Products's Days Payable for the six months ended in Sep. 2023 was 67.04.

The historical rank and industry rank for Lead Reclaim and Rubber Products's Days Payable or its related term are showing as below:

NSE:LRRPL' s Days Payable Range Over the Past 10 Years
Min: 55.26 Med: 81.23 Max: 154.68
Current: 69.14

During the past 4 years, Lead Reclaim and Rubber Products's highest Days Payable was 154.68. The lowest was 55.26. And the median was 81.23.

NSE:LRRPL's Days Payable is ranked better than
58.05% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs NSE:LRRPL: 69.14

Lead Reclaim and Rubber Products's Days Payable declined from Sep. 2022 (72.54) to Sep. 2023 (67.04). It may suggest that Lead Reclaim and Rubber Products accelerated paying its suppliers.

Lead Reclaim and Rubber Products Days Payable Historical Data

The historical data trend for Lead Reclaim and Rubber Products'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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Lead Reclaim and Rubber Products Days Payable Chart

Lead Reclaim and Rubber Products Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

154.68

95.73

55.26

66.73

Lead Reclaim and Rubber Products Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			-	-	72.54	68.96	67.04

Competitive Comparison of Lead Reclaim and Rubber Products's Days Payable

For the Specialty Chemicals subindustry, Lead Reclaim and Rubber Products'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.

Lead Reclaim and Rubber Products's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lead Reclaim and Rubber Products's Days Payable distribution charts can be found below:

* The bar in red indicates where Lead Reclaim and Rubber Products's Days Payable falls into.

Lead Reclaim and Rubber Products 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.

Lead Reclaim and Rubber Products'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
=	( (9.8	+	10.2)	/	2 )	/	54.7	*	365
=	10					/	54.7	*	365
=	66.73

Lead Reclaim and Rubber Products's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (10.2	+	11.4)	/	2 )	/	29.4	*	365 / 2
=	10.8					/	29.4	*	365 / 2
=	67.04

Lead Reclaim and Rubber Products Days Payable Related Terms

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Lead Reclaim and Rubber Products (NSE:LRRPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lead Reclaim and Rubber Products Ltd (NSE:LRRPL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

856/4 Village Pethai Sarali Road, Kheda, GJ, IND, 387630

Website

https://www.leadreclaim.com

Lead Reclaim and Rubber Products Ltd manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granule.

Lead Reclaim and Rubber Products (NSE:LRRPL) Headlines

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