Mangalam Drugs & Organics (BOM:532637) Days Payable : 137.99 (As of Dec. 2023)

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What is Mangalam Drugs & Organics Days Payable?

Mangalam Drugs & Organics's average Accounts Payable for the three months ended in Dec. 2023 was ₹1,047 Mil. Mangalam Drugs & Organics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹693 Mil. Hence, Mangalam Drugs & Organics's Days Payable for the three months ended in Dec. 2023 was 137.99.

The historical rank and industry rank for Mangalam Drugs & Organics's Days Payable or its related term are showing as below:

BOM:532637' s Days Payable Range Over the Past 10 Years
Min: 34.56 Med: 62.33 Max: 93.54
Current: 78.55

During the past 13 years, Mangalam Drugs & Organics's highest Days Payable was 93.54. The lowest was 34.56. And the median was 62.33.

BOM:532637's Days Payable is ranked worse than
54.83% of 974 companies
in the Drug Manufacturers industry
Industry Median: 87.51 vs BOM:532637: 78.55

Mangalam Drugs & Organics's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (137.99). It may suggest that Mangalam Drugs & Organics delayed paying its suppliers.

Mangalam Drugs & Organics Days Payable Historical Data

The historical data trend for Mangalam Drugs & Organics'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.

Mangalam Drugs & Organics Days Payable Chart

Mangalam Drugs & Organics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

72.46

74.13

64.68

51.27

93.54

Mangalam Drugs & Organics 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															-	29.94	134.47	188.45	137.99

Competitive Comparison of Mangalam Drugs & Organics's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Mangalam Drugs & Organics'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.

Mangalam Drugs & Organics's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Mangalam Drugs & Organics's Days Payable falls into.

Mangalam Drugs & Organics 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.

Mangalam Drugs & Organics'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
=	( (545.471	+	970.727)	/	2 )	/	2958.173	*	365
=	758.099					/	2958.173	*	365
=	93.54

Mangalam Drugs & Organics'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
=	( (1047.426	+	0)	/	1 )	/	692.651	*	365 / 4
=	1047.426					/	692.651	*	365 / 4
=	137.99

Mangalam Drugs & Organics Days Payable Related Terms

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Mangalam Drugs & Organics (BOM:532637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Mangalam Drugs & Organics Ltd (BOM:532637) » Definitions » Days Payable

Traded in Other Exchanges

MANGALAM:India

Address

239, P. D’Mello Road, Rupam Building, 3rd Floor, Near General Post Office, Mumbai, MH, IND, 400001

Website

https://www.mangalamdrugs.com

Mangalam Drugs & Organics Ltd is an Indian company operating in the healthcare sector. It is engaged in the research and development and manufacturing of drugs. Its product range includes Active Pharmaceutical Ingredients (APIs), Intermediates, and Specialty chemicals. Its sales comprise of sales in the Indian and overseas markets.

Mangalam Drugs & Organics (BOM:532637) Headlines

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