Hindustan Bio Sciences (BOM:532041) Days Payable : 1.03 (As of Dec. 2023)

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What is Hindustan Bio Sciences Days Payable?

Hindustan Bio Sciences's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.02 Mil. Hindustan Bio Sciences's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2.05 Mil. Hence, Hindustan Bio Sciences's Days Payable for the three months ended in Dec. 2023 was 1.03.

The historical rank and industry rank for Hindustan Bio Sciences's Days Payable or its related term are showing as below:

BOM:532041' s Days Payable Range Over the Past 10 Years
Min: 8.13 Med: 82.77 Max: 255.46
Current: 13.79

During the past 13 years, Hindustan Bio Sciences's highest Days Payable was 255.46. The lowest was 8.13. And the median was 82.77.

BOM:532041's Days Payable is ranked worse than
98.16% of 978 companies
in the Drug Manufacturers industry
Industry Median: 86.975 vs BOM:532041: 13.79

Hindustan Bio Sciences's Days Payable increased from Sep. 2022 (0.00) to Dec. 2023 (1.03). It may suggest that Hindustan Bio Sciences delayed paying its suppliers.

Hindustan Bio Sciences Days Payable Historical Data

The historical data trend for Hindustan Bio Sciences'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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Hindustan Bio Sciences Days Payable Chart

Hindustan Bio Sciences Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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8.13

101.64

255.46

225.24

21.18

Hindustan Bio Sciences Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	1.20	28.96	14.98	1.03

Competitive Comparison of Hindustan Bio Sciences's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Hindustan Bio Sciences'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.

Hindustan Bio Sciences's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Hindustan Bio Sciences's Days Payable falls into.

Hindustan Bio Sciences 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.

Hindustan Bio Sciences'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
=	( (0.013	+	0.649)	/	2 )	/	5.703	*	365
=	0.331					/	5.703	*	365
=	21.18

Hindustan Bio Sciences'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
=	( (0.023	+	0)	/	1 )	/	2.047	*	365 / 4
=	0.023					/	2.047	*	365 / 4
=	1.03

Hindustan Bio Sciences Days Payable Related Terms

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Hindustan Bio Sciences (BOM:532041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hindustan Bio Sciences Ltd (BOM:532041) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Road No. 2, Banjara Hills, H.No. 8-2-269/S, Plot No. 31, Sagar Co-Operative Housing Society, Hyderabad, TG, IND, 500034

Website

https://www.hindustanbiosciences.in

Hindustan Bio Sciences Ltd is an India-based company operating in the pharmaceutical and biotechnology sector. It is engaged in the trading of Drugs and Medicines. The company markets a nephrology product, Recombinant Human Erythropoietin, which is useful for the treatment of anemia associated with chronic renal failure. In addition, the firm also manufactures and markets pharmaceutical products in different forms such as tablets, capsules, drops, externals, and syrups. Its other formulations comprise Pantorest, Maxion, Edinil, Aromycin, Livohin and others. Geographically, the group sells its products within India and also exports it to other countries.

Hindustan Bio Sciences (BOM:532041) Headlines

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