Accent Microcell (NSE:ACCENTMIC) Days Payable : 81.40 (As of Mar. 2023)

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What is Accent Microcell Days Payable?

Accent Microcell's average Accounts Payable for the six months ended in Mar. 2023 was ₹323 Mil. Accent Microcell's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹1,450 Mil. Hence, Accent Microcell's Days Payable for the six months ended in Mar. 2023 was 40.70.

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

NSE:ACCENTMIC' s Days Payable Range Over the Past 10 Years
Min: 73.23 Med: 77.42 Max: 81.4
Current: 81.4

During the past 3 years, Accent Microcell's highest Days Payable was 81.40. The lowest was 73.23. And the median was 77.42.

NSE:ACCENTMIC's Days Payable is ranked worse than
54.47% of 973 companies
in the Drug Manufacturers industry
Industry Median: 89.33 vs NSE:ACCENTMIC: 81.40

Accent Microcell's Days Payable increased from Mar. 2021 (73.23) to Mar. 2023 (81.40). It may suggest that Accent Microcell delayed paying its suppliers.

Accent Microcell Days Payable Historical Data

The historical data trend for Accent Microcell'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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Accent Microcell Days Payable Chart

Accent Microcell Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

73.23

77.42

81.40

Accent Microcell Semi-Annual Data
	Mar21	Mar22	Mar23
Days Payable	73.23	77.42	81.40

Competitive Comparison of Accent Microcell's Days Payable

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

Accent Microcell's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Accent Microcell 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.

Accent Microcell'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
=	( (300.963	+	346.006)	/	2 )	/	1450.459	*	365
=	323.4845					/	1450.459	*	365
=	81.40

Accent Microcell's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (300.963	+	346.006)	/	2 )	/	1450.459	*	365 / 2
=	323.4845					/	1450.459	*	365 / 2
=	40.70

Accent Microcell Days Payable Related Terms

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Accent Microcell (NSE:ACCENTMIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Accent Microcell Ltd (NSE:ACCENTMIC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shyamal Cross Roads, Anandnagar Road, 314, Shangrilla Arcade, Satellite, Ahmedabad, GJ, IND, 380015

Website

https://www.accentmicrocell.com

Accent Microcell Ltd is a manufacturer of Pharmaceutical Products. It has Products such as Microcrystalline cellulose is a term for refined wood pulp and is used as a texturizer, an anti-caking agent, a fat substitute, an emulsifier, an extender, and a bulking agent in food production; Cross Carmellose Sodium Croscarmellose sodium is an internally cross-linked sodium carboxymethylcellulose for use as a super disintegrant in pharmaceutical formulations; Magnesium Stearate which is also called octadecanoic acid, magnesium salt, is a white substance, powder which becomes solid at room temperature and also produces Cellulose Powder is white or almost white, odourless, tasteless, Practically insoluble in water, dilute acid and organic solvents, Slightly soluble in dilute NaOH solution.

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