Neuland Laboratories (BOM:524558) Days Payable : 97.30 (As of Mar. 2024)

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What is Neuland Laboratories Days Payable?

Neuland Laboratories's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,920 Mil. Neuland Laboratories's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,800 Mil. Hence, Neuland Laboratories's Days Payable for the three months ended in Mar. 2024 was 97.30.

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

BOM:524558' s Days Payable Range Over the Past 10 Years
Min: 51.57 Med: 89.36 Max: 119.94
Current: 89.81

During the past 13 years, Neuland Laboratories's highest Days Payable was 119.94. The lowest was 51.57. And the median was 89.36.

BOM:524558's Days Payable is ranked better than
50.46% of 973 companies
in the Drug Manufacturers industry
Industry Median: 89.33 vs BOM:524558: 89.81

Neuland Laboratories's Days Payable increased from Mar. 2023 (74.78) to Mar. 2024 (97.30). It may suggest that Neuland Laboratories delayed paying its suppliers.

Neuland Laboratories Days Payable Historical Data

The historical data trend for Neuland Laboratories'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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Neuland Laboratories Days Payable Chart

Neuland Laboratories Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

89.85

88.07

88.87

85.75

90.27

Neuland Laboratories Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															74.78	84.99	85.11	91.30	97.30

Competitive Comparison of Neuland Laboratories's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Neuland Laboratories'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.

Neuland Laboratories's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Neuland Laboratories's Days Payable falls into.

Neuland Laboratories 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.

Neuland Laboratories's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1710.051	+	1919.591)	/	2 )	/	7337.967	*	365
=	1814.821					/	7337.967	*	365
=	90.27

Neuland Laboratories's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	1919.591)	/	1 )	/	1800.199	*	365 / 4
=	1919.591					/	1800.199	*	365 / 4
=	97.30

Neuland Laboratories Days Payable Related Terms

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Neuland Laboratories (BOM:524558) Business Description

Industry

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NEULANDLAB:India

Address

Road No. 82, Jubilee Hills, Plot No. 573A-III, Phoenix IVY Building, 11th Floor (5th Office Level), Hyderabad, TG, IND, 500033

Website

https://www.neulandlabs.com

Neuland Laboratories Ltd is a manufacturer of active pharmaceutical ingredients (APIs) and an end-to-end solution provider for the pharmaceutical industry's chemistry needs in Hyderabad. Geographically, it derives a majority of revenue from North America and also has a presence in India, Europe, and Rest of the world.

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