SP Refractories (NSE:SPRL) Days Payable : 23.18 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is SP Refractories Days Payable?

SP Refractories's average Accounts Payable for the six months ended in Sep. 2023 was ₹12.7 Mil. SP Refractories's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹100.3 Mil. Hence, SP Refractories's Days Payable for the six months ended in Sep. 2023 was 23.18.

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

NSE:SPRL' s Days Payable Range Over the Past 10 Years
Min: 3.63 Med: 12.42 Max: 22.68
Current: 21.78

During the past 5 years, SP Refractories's highest Days Payable was 22.68. The lowest was 3.63. And the median was 12.42.

NSE:SPRL's Days Payable is ranked worse than
92.16% of 370 companies
in the Building Materials industry
Industry Median: 66.355 vs NSE:SPRL: 21.78

SP Refractories's Days Payable increased from Sep. 2022 (20.98) to Sep. 2023 (23.18). It may suggest that SP Refractories delayed paying its suppliers.

SP Refractories Days Payable Historical Data

The historical data trend for SP Refractories'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.

* Premium members only.

SP Refractories Days Payable Chart

SP Refractories Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

3.63

6.46

12.42

18.07

22.68

SP Refractories Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			24.29	21.64	20.98	21.34	23.18

Competitive Comparison of SP Refractories's Days Payable

For the Building Materials subindustry, SP Refractories'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.

SP Refractories's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, SP Refractories's Days Payable distribution charts can be found below:

* The bar in red indicates where SP Refractories's Days Payable falls into.

SP Refractories 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.

SP Refractories'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
=	( (15.248	+	13.657)	/	2 )	/	232.552	*	365
=	14.4525					/	232.552	*	365
=	22.68

SP Refractories'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
=	( (13.657	+	11.824)	/	2 )	/	100.308	*	365 / 2
=	12.7405					/	100.308	*	365 / 2
=	23.18

SP Refractories Days Payable Related Terms

Thank you for viewing the detailed overview of SP Refractories's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

SP Refractories (NSE:SPRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » SP Refractories Ltd (NSE:SPRL) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Hingna Road, M-10, M-11/1 & M-11/2, MIDC Industrial Area, Nagpur, MH, IND, 440016

Website

https://www.sprefractories.com

SP Refractories Ltd is engaged in manufacturing and supplying refractory material made using hydrated lime, calcined alumina, and other raw materials. The Company is involved in single segment of manufacturing and supplying of high quality refractory material. Its core focus is on refractory cement which is a niche and high-margin cement widely used in iron and steel and construction industries because of its thermal conductivity, maximum strength, and heat resistance.

SP Refractories (NSE:SPRL) Headlines

No Headlines