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Navin Fluorine International (NSE:NAVINFLUOR) Days Payable : 92.21 (As of Mar. 2024)


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What is Navin Fluorine International Days Payable?

Navin Fluorine International's average Accounts Payable for the three months ended in Mar. 2024 was ₹3,025 Mil. Navin Fluorine International's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,993 Mil. Hence, Navin Fluorine International's Days Payable for the three months ended in Mar. 2024 was 92.21.

The historical rank and industry rank for Navin Fluorine International's Days Payable or its related term are showing as below:

NSE:NAVINFLUOR' s Days Payable Range Over the Past 10 Years
Min: 60.31   Med: 76.21   Max: 123.42
Current: 123.42

During the past 13 years, Navin Fluorine International's highest Days Payable was 123.42. The lowest was 60.31. And the median was 76.21.

NSE:NAVINFLUOR's Days Payable is ranked better than
83.92% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs NSE:NAVINFLUOR: 123.42

Navin Fluorine International's Days Payable increased from Dec. 2022 (68.48) to Mar. 2024 (92.21). It may suggest that Navin Fluorine International delayed paying its suppliers.


Navin Fluorine International Days Payable Historical Data

The historical data trend for Navin Fluorine International'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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Navin Fluorine International Days Payable Chart

Navin Fluorine International 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 60.31 65.89 65.58 79.44 106.52

Navin Fluorine International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 68.48 78.31 99.55 77.82 92.21

Competitive Comparison of Navin Fluorine International's Days Payable

For the Chemicals subindustry, Navin Fluorine International'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.


Navin Fluorine International's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Navin Fluorine International's Days Payable distribution charts can be found below:

* The bar in red indicates where Navin Fluorine International's Days Payable falls into.



Navin Fluorine International 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.

Navin Fluorine International'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
=( (2434.8 + 3025) / 2 ) / 9354.3*365
=2729.9 / 9354.3*365
=106.52

Navin Fluorine International'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 + 3025) / 1 ) / 2993.4*365 / 4
=3025 / 2993.4*365 / 4
=92.21

* 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.


Navin Fluorine International Days Payable Related Terms

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Navin Fluorine International (NSE:NAVINFLUOR) Business Description

Traded in Other Exchanges
Address
194, Sir Mathuradas Vasanji Road, Near Western Express Highway, Office No. 602, 6th Floor, Natraj by Rustomjee, Andheri (East), Mumbai, MH, IND, 400069
Navin Fluorine International Ltd is engaged in the chemicals business. Its business units include Refrigeration, Inorganic Fluorides, Specialty Fluorochemicals, and Contract Research and Manufacturing Services. The Company operates only in one Business Segment i.e. 'Chemical Business' which constitutes a single reporting segment. Geographically, the company generates a majority of its revenue from Outside India.

Navin Fluorine International (NSE:NAVINFLUOR) Headlines

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