GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Albert David Ltd (BOM:524075) » Definitions » Days Payable

Albert David (BOM:524075) Days Payable : 77.75 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Albert David Days Payable?

Albert David's average Accounts Payable for the three months ended in Dec. 2023 was ₹279 Mil. Albert David's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹328 Mil. Hence, Albert David's Days Payable for the three months ended in Dec. 2023 was 77.75.

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

BOM:524075' s Days Payable Range Over the Past 10 Years
Min: 85.49   Med: 104.1   Max: 130.38
Current: 86.82

During the past 13 years, Albert David's highest Days Payable was 130.38. The lowest was 85.49. And the median was 104.10.

BOM:524075's Days Payable is ranked worse than
50.46% of 975 companies
in the Drug Manufacturers industry
Industry Median: 87.75 vs BOM:524075: 86.82

Albert David's Days Payable declined from Dec. 2022 (120.22) to Dec. 2023 (77.75). It may suggest that Albert David accelerated paying its suppliers.


Albert David Days Payable Historical Data

The historical data trend for Albert David'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.

Albert David Days Payable Chart

Albert David Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.26 114.76 130.38 85.49 90.78

Albert David Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 120.22 88.82 92.55 80.59 77.75

Competitive Comparison of Albert David's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Albert David'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.


Albert David's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Albert David's Days Payable distribution charts can be found below:

* The bar in red indicates where Albert David's Days Payable falls into.



Albert David 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.

Albert David'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
=( (303.808 + 321.38) / 2 ) / 1256.815*365
=312.594 / 1256.815*365
=90.78

Albert David's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (279.494 + 0) / 1 ) / 328.007*365 / 4
=279.494 / 328.007*365 / 4
=77.75

* 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.


Albert David Days Payable Related Terms

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


Albert David (BOM:524075) Business Description

Traded in Other Exchanges
Address
8, Netaji Subhas Road, D-Block, 3rd Floor, Gillander House, Kolkata, WB, IND, 700001
Albert David Ltd is engaged in the manufacturing and trading of pharmaceutical products. The company offers products such as pharmaceutical formulations, infusion solutions, herbal dosage forms, and bulk drugs. Its formulation product covers parenteral, oral, and enteral, topical agents, and vision care solutions. The company exports its product to regions like Latin America, South East Asia, and a few African countries.

Albert David (BOM:524075) Headlines

No Headlines