Sah Polymers (NSE:SAH) Days Payable : 40.34 (As of Mar. 2024)

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What is Sah Polymers Days Payable?

Sah Polymers's average Accounts Payable for the three months ended in Mar. 2024 was ₹88 Mil. Sah Polymers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹200 Mil. Hence, Sah Polymers's Days Payable for the three months ended in Mar. 2024 was 40.34.

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

NSE:SAH' s Days Payable Range Over the Past 10 Years
Min: 36.5 Med: 47.22 Max: 50.87
Current: 46.69

During the past 5 years, Sah Polymers's highest Days Payable was 50.87. The lowest was 36.50. And the median was 47.22.

NSE:SAH's Days Payable is ranked worse than
64.74% of 363 companies
in the Packaging & Containers industry
Industry Median: 60.37 vs NSE:SAH: 46.69

Sah Polymers's Days Payable declined from Mar. 2023 (75.42) to Mar. 2024 (40.34). It may suggest that Sah Polymers accelerated paying its suppliers.

Sah Polymers Days Payable Historical Data

The historical data trend for Sah Polymers'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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Sah Polymers Days Payable Chart

Sah Polymers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

48.80

37.32

36.50

50.87

47.22

Sah Polymers Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial						75.42	56.39	44.41	48.01	40.34

Competitive Comparison of Sah Polymers's Days Payable

For the Packaging & Containers subindustry, Sah Polymers'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.

Sah Polymers's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sah Polymers's Days Payable distribution charts can be found below:

* The bar in red indicates where Sah Polymers's Days Payable falls into.

Sah Polymers 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.

Sah Polymers'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
=	( (81.307	+	88.239)	/	2 )	/	655.297	*	365
=	84.773					/	655.297	*	365
=	47.22

Sah Polymers'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	+	88.239)	/	1 )	/	199.594	*	365 / 4
=	88.239					/	199.594	*	365 / 4
=	40.34

Sah Polymers Days Payable Related Terms

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Sah Polymers (NSE:SAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sah Polymers Ltd (NSE:SAH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

543743:India

Address

E-260-261 Mewar Industrial Area, Opp UCCI, Madri, Udaipur, RJ, IND, 313003

Website

https://www.sahpolymers.com

Sah Polymers Ltd is engaged in manufacturing and selling Polypropylene (PP)/High-Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/LLDPE/PP woven fabrics, and woven polymers. It offers customized bulk packaging solutions to business-to-business manufacturers catering to different industries such as agro pesticides industry, basic drug industry, cement industry, cattle feed industry, chemical industry, metal industry, food products industry, textile industry, fertilizer industry, tyre Industry, and many more.