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Graphite India (NSE:GRAPHITE) Days Payable : 27.53 (As of Mar. 2024)


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What is Graphite India Days Payable?

Graphite India's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,620 Mil. Graphite India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹5,370 Mil. Hence, Graphite India's Days Payable for the three months ended in Mar. 2024 was 27.53.

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

NSE:GRAPHITE' s Days Payable Range Over the Past 10 Years
Min: 38.7   Med: 89.21   Max: 121.01
Current: 45.84

During the past 13 years, Graphite India's highest Days Payable was 121.01. The lowest was 38.70. And the median was 89.21.

NSE:GRAPHITE's Days Payable is ranked worse than
74.15% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs NSE:GRAPHITE: 45.84

Graphite India's Days Payable declined from Mar. 2023 (58.12) to Mar. 2024 (27.53). It may suggest that Graphite India accelerated paying its suppliers.


Graphite India Days Payable Historical Data

The historical data trend for Graphite India'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.

Graphite India Days Payable Chart

Graphite India 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 66.57 58.08 87.03 83.24 38.70

Graphite India 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 58.12 45.26 56.50 71.46 27.53

Competitive Comparison of Graphite India's Days Payable

For the Electrical Equipment & Parts subindustry, Graphite India'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.


Graphite India's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Graphite India's Days Payable distribution charts can be found below:

* The bar in red indicates where Graphite India's Days Payable falls into.



Graphite India 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.

Graphite India'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
=( (3025.6 + 1620) / 2 ) / 21910*365
=2322.8 / 21910*365
=38.70

Graphite India'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 + 1620) / 1 ) / 5370*365 / 4
=1620 / 5370*365 / 4
=27.53

* 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.


Graphite India Days Payable Related Terms

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Graphite India (NSE:GRAPHITE) Business Description

Traded in Other Exchanges
Address
31, Chowringhee Road, Kolkata, WB, IND, 700 016
Graphite India Ltd is an industrial products manufacturer in India. It manufactures graphite electrodes and graphite-based products. Its segments are Graphite and Carbon Segment and Other segments. The company also manufactures other products like Impervious Graphite Equipment and Spares, steel and alloy steel, reinforced plastic pipes, and many more.

Graphite India (NSE:GRAPHITE) Headlines

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