TTK Healthcare (BOM:507747) Days Payable : 128.85 (As of Dec. 2023)

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What is TTK Healthcare Days Payable?

TTK Healthcare's average Accounts Payable for the three months ended in Dec. 2023 was ₹1,208 Mil. TTK Healthcare's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹856 Mil. Hence, TTK Healthcare's Days Payable for the three months ended in Dec. 2023 was 128.85.

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

BOM:507747' s Days Payable Range Over the Past 10 Years
Min: 49.82 Med: 111.17 Max: 158.81
Current: 130.55

During the past 13 years, TTK Healthcare's highest Days Payable was 158.81. The lowest was 49.82. And the median was 111.17.

BOM:507747's Days Payable is ranked better than
70.45% of 978 companies
in the Drug Manufacturers industry
Industry Median: 86.975 vs BOM:507747: 130.55

TTK Healthcare's Days Payable declined from Dec. 2022 (131.92) to Dec. 2023 (128.85). It may suggest that TTK Healthcare accelerated paying its suppliers.

TTK Healthcare Days Payable Historical Data

The historical data trend for TTK Healthcare'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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TTK Healthcare Days Payable Chart

TTK Healthcare Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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109.86

111.05

158.81

127.85

118.73

TTK Healthcare 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															131.92	127.59	133.50	131.84	128.85

Competitive Comparison of TTK Healthcare's Days Payable

For the Drug Manufacturers - General subindustry, TTK Healthcare'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.

TTK Healthcare's Days Payable Distribution in the Drug Manufacturers Industry

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

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

TTK Healthcare 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.

TTK Healthcare'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
=	( (1034.572	+	1244.597)	/	2 )	/	3503.229	*	365
=	1139.5845					/	3503.229	*	365
=	118.73

TTK Healthcare'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
=	( (1208.294	+	0)	/	1 )	/	855.698	*	365 / 4
=	1208.294					/	855.698	*	365 / 4
=	128.85

TTK Healthcare Days Payable Related Terms

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TTK Healthcare (BOM:507747) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TTK Healthcare Ltd (BOM:507747) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TTKHLTCARE:India

Address

No. 6, Cathedral Road, Chennai, TN, IND, 600 086

Website

https://www.ttkhealthcare.com

TTK Healthcare Ltd is an Indian pharmaceutical company. The company's operating segment includes Animal Welfare, Consumer Products, Medical Devices, Protective Devices, Foods Division, and Others. Its Animal Welfare segment includes products for both Human and Veterinary use. The Consumer Products comprises of marketing and distribution of Woodwards's Gripe Water, EVA Range of Cosmetics, Good Home range of Scrubbers, Air Fresheners and others. Protective Devices comprises of manufacturing and marketing of Male Contraceptives and other allied products. It generates maximum revenue from the Pharmaceuticals segment. Geographically, it derives a majority of revenue from India.

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