Dorian LPG Ltd (LPG)
Number of days of payables
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Payables turnover | — | 19.19 | 16.95 | 16.40 | 17.11 | |
Number of days of payables | days | — | 19.02 | 21.54 | 22.26 | 21.33 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Dorian LPG Ltd's number of days of payables has shown a generally stable trend over the past few years, fluctuating within a relatively narrow range. As of March 31, 2021, the company took approximately 21.33 days on average to pay its creditors. This figure increased slightly to 22.26 days by March 31, 2022, before decreasing to 21.54 days as of March 31, 2023. Notably, Dorian LPG Ltd's number of days of payables decreased significantly to 19.02 days by March 31, 2024. The data for March 31, 2025 is not available. Overall, the company's ability to manage its payables efficiently improved in the most recent period, indicating potentially better liquidity or negotiation terms with suppliers.