Shelter Pharma (BOM:543963) Days Payable : 4.53 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Shelter Pharma Days Payable?

Shelter Pharma's average Accounts Payable for the six months ended in Sep. 2023 was ₹3.5 Mil. Shelter Pharma's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹141.5 Mil. Hence, Shelter Pharma's Days Payable for the six months ended in Sep. 2023 was 4.53.

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

BOM:543963' s Days Payable Range Over the Past 10 Years
Min: 4.48 Med: 5.38 Max: 5.47
Current: 4.56

During the past 3 years, Shelter Pharma's highest Days Payable was 5.47. The lowest was 4.48. And the median was 5.38.

BOM:543963's Days Payable is ranked worse than
99.9% of 974 companies
in the Drug Manufacturers industry
Industry Median: 87.765 vs BOM:543963: 4.56

Shelter Pharma's Days Payable declined from Sep. 2022 (4.74) to Sep. 2023 (4.53). It may suggest that Shelter Pharma accelerated paying its suppliers.

Shelter Pharma Days Payable Historical Data

The historical data trend for Shelter Pharma'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.

Shelter Pharma Days Payable Chart

Shelter Pharma Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

5.38

4.48

5.47

Shelter Pharma Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Days Payable	-	-	4.74	6.12	4.53

Competitive Comparison of Shelter Pharma's Days Payable

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

Shelter Pharma's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Shelter Pharma 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.

Shelter Pharma'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
=	( (3.225	+	4.675)	/	2 )	/	263.599	*	365
=	3.95					/	263.599	*	365
=	5.47

Shelter Pharma's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (4.675	+	2.347)	/	2 )	/	141.531	*	365 / 2
=	3.511					/	141.531	*	365 / 2
=	4.53

Shelter Pharma Days Payable Related Terms

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

Shelter Pharma (BOM:543963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shelter Pharma Ltd (BOM:543963) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Mistry Chambers, Khanpur, Ahmedabad, GJ, IND, 380001

Website

https://www.shelter.co.in

Shelter Pharma Ltd focuses in manufacturing herbal products with well-built presence in Human Pharma as well as Veterinary space. It is present in most of non-critical segment of Human as well as Veterinary Pharma through its well spread portfolio. Its products include Tablets, syrups, Baby drops, Barley Water, Oils, Powders, Ointments and Etc.

Shelter Pharma (BOM:543963) Headlines

No Headlines