Bal Pharma (BOM:524824) Days Payable : 180.90 (As of Jun. 2024)

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What is Bal Pharma Days Payable?

Bal Pharma's average Accounts Payable for the three months ended in Jun. 2024 was ₹775 Mil. Bal Pharma's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹391 Mil. Hence, Bal Pharma's Days Payable for the three months ended in Jun. 2024 was 180.90.

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

BOM:524824' s Days Payable Range Over the Past 10 Years
Min: 60.01 Med: 146.9 Max: 184.82
Current: 144.89

During the past 13 years, Bal Pharma's highest Days Payable was 184.82. The lowest was 60.01. And the median was 146.90.

BOM:524824's Days Payable is ranked better than
75.21% of 968 companies
in the Drug Manufacturers industry
Industry Median: 86.23 vs BOM:524824: 144.89

Bal Pharma's Days Payable declined from Jun. 2023 (185.50) to Jun. 2024 (180.90). It may suggest that Bal Pharma accelerated paying its suppliers.

Bal Pharma Days Payable Historical Data

The historical data trend for Bal 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.

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Bal Pharma Days Payable Chart

Bal Pharma Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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184.82

102.58

122.59

149.62

146.22

Bal Pharma Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															185.50	130.70	151.98	123.58	180.90

Competitive Comparison of Bal Pharma's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Bal 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.

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

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

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

Bal 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.

Bal Pharma'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
=	( (789.229	+	774.643)	/	2 )	/	1951.86	*	365
=	781.936					/	1951.86	*	365
=	146.22

Bal Pharma's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (774.643	+	0)	/	1 )	/	390.749	*	365 / 4
=	774.643					/	390.749	*	365 / 4
=	180.90

Bal Pharma Days Payable Related Terms

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Bal Pharma Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Bal Pharma Ltd (BOM:524824) » Definitions » Days Payable

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BALPHARMA:India

Address

10/1, Palace Road, 5th Floor, Lakshmi Narayan Complex, Bengaluru, KA, IND, 560052

Website

https://www.balpharma.com

Bal Pharma Ltd is a pharmaceutical company. Principally, it is engaged in the manufacturing and marketing of pharmaceutical formulations and active pharmaceutical ingredients. The company specializes in prescription drugs, generic and over-the-counter products, intravenous infusion, and bulk actives. It offers products in dosage forms, such as tablets, capsules, syrups, suspensions, creams, and ointments to various markets. The company caters to both domestic and international markets, of which key revenue is derived from Outside India.

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