Indraprastha Medical (NSE:INDRAMEDCO) Days Payable : 97.16 (As of Dec. 2023)

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What is Indraprastha Medical Days Payable?

Indraprastha Medical's average Accounts Payable for the three months ended in Dec. 2023 was ₹1,358 Mil. Indraprastha Medical's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,275 Mil. Hence, Indraprastha Medical's Days Payable for the three months ended in Dec. 2023 was 97.16.

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

NSE:INDRAMEDCO' s Days Payable Range Over the Past 10 Years
Min: 53.54 Med: 86.72 Max: 143.36
Current: 88.49

During the past 13 years, Indraprastha Medical's highest Days Payable was 143.36. The lowest was 53.54. And the median was 86.72.

NSE:INDRAMEDCO's Days Payable is ranked better than
63.9% of 590 companies
in the Healthcare Providers & Services industry
Industry Median: 61.605 vs NSE:INDRAMEDCO: 88.49

Indraprastha Medical's Days Payable declined from Dec. 2022 (107.40) to Dec. 2023 (97.16). It may suggest that Indraprastha Medical accelerated paying its suppliers.

Indraprastha Medical Days Payable Historical Data

The historical data trend for Indraprastha Medical'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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Indraprastha Medical Days Payable Chart

Indraprastha Medical Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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86.49

100.84

143.36

80.24

67.33

Indraprastha Medical 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															107.40	76.83	68.28	92.01	97.16

Competitive Comparison of Indraprastha Medical's Days Payable

For the Medical Care Facilities subindustry, Indraprastha Medical'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.

Indraprastha Medical's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Indraprastha Medical's Days Payable distribution charts can be found below:

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

Indraprastha Medical 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.

Indraprastha Medical'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
=	( (767.5	+	981.8)	/	2 )	/	4741.6	*	365
=	874.65					/	4741.6	*	365
=	67.33

Indraprastha Medical'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
=	( (1357.9	+	0)	/	1 )	/	1275.3	*	365 / 4
=	1357.9					/	1275.3	*	365 / 4
=	97.16

Indraprastha Medical Days Payable Related Terms

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Indraprastha Medical (NSE:INDRAMEDCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Indraprastha Medical Corp Ltd (NSE:INDRAMEDCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

532150:India

Address

Delhi-Mathura Road, Sarita Vihar, New Delhi, IND, 110 076

Website

https://delhi.apollohospitals.com

Indraprastha Medical Corp Ltd is an Indian company that operates in the healthcare business. It offers services in the field of anaesthesiology, pediatrics, bone marrow transplant, dental surgery, neonatology, dermatology, obesity, and metabolic surgery, orthopaedics, robotic surgery, spine surgery and in many other areas. The company also provides diagnosis, treatment, and management of various hormonal disorders; and inpatient and ambulatory care services. Geographically all the business activities of the group are carried out through the regions of India. It derives revenue from the provision of services.

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