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Wockhardt (BOM:532300) Days Payable : 241.72 (As of Dec. 2023)


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What is Wockhardt Days Payable?

Wockhardt's average Accounts Payable for the three months ended in Dec. 2023 was ₹8,000 Mil. Wockhardt's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹3,020 Mil. Hence, Wockhardt's Days Payable for the three months ended in Dec. 2023 was 241.72.

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

BOM:532300' s Days Payable Range Over the Past 10 Years
Min: 116.1   Med: 148.53   Max: 293.71
Current: 248.81

During the past 13 years, Wockhardt's highest Days Payable was 293.71. The lowest was 116.10. And the median was 148.53.

BOM:532300's Days Payable is ranked better than
86.87% of 975 companies
in the Drug Manufacturers industry
Industry Median: 88.68 vs BOM:532300: 248.81

Wockhardt's Days Payable increased from Dec. 2022 (211.02) to Dec. 2023 (241.72). It may suggest that Wockhardt delayed paying its suppliers.


Wockhardt Days Payable Historical Data

The historical data trend for Wockhardt'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.

Wockhardt Days Payable Chart

Wockhardt 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 160.83 263.19 255.87 232.91 293.71

Wockhardt 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 211.02 258.54 280.55 254.36 241.72

Competitive Comparison of Wockhardt's Days Payable

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


Wockhardt's Days Payable Distribution in the Drug Manufacturers Industry

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

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



Wockhardt 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.

Wockhardt'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
=( (9210 + 8670) / 2 ) / 11110*365
=8940 / 11110*365
=293.71

Wockhardt'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
=( (8000 + 0) / 1 ) / 3020*365 / 4
=8000 / 3020*365 / 4
=241.72

* 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.


Wockhardt Days Payable Related Terms

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Wockhardt (BOM:532300) Business Description

Traded in Other Exchanges
Address
Wockhardt Towers, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
Wockhardt Ltd is a major drug manufacturing company with a focus on pharmaceutical and biotechnology products. The company conducts research in the fields of pharmaceuticals and biotechnology while also operating its chain of Super Specialty Hospitals. The vast majority of the company's revenue is generated in Europe. The company also operates in China, Japan, and Russia. The company's strategy includes the use of acquisitions, strategic partnerships, and contract manufacturing.

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