Syngene International (BOM:539268) Days Payable : 114.96 (As of Mar. 2024)

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What is Syngene International Days Payable?

Syngene International's average Accounts Payable for the three months ended in Mar. 2024 was ₹2,555 Mil. Syngene International's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,028 Mil. Hence, Syngene International's Days Payable for the three months ended in Mar. 2024 was 114.96.

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

BOM:539268' s Days Payable Range Over the Past 10 Years
Min: 84.43 Med: 113.46 Max: 160.7
Current: 103.73

During the past 13 years, Syngene International's highest Days Payable was 160.70. The lowest was 84.43. And the median was 113.46.

BOM:539268's Days Payable is ranked worse than
58.4% of 714 companies
in the Biotechnology industry
Industry Median: 148.12 vs BOM:539268: 103.73

Syngene International's Days Payable increased from Mar. 2023 (80.13) to Mar. 2024 (114.96). It may suggest that Syngene International delayed paying its suppliers.

Syngene International Days Payable Historical Data

The historical data trend for Syngene International'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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Syngene International Days Payable Chart

Syngene International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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156.53

160.70

115.59

104.13

100.75

Syngene International 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															80.13	105.67	95.48	107.47	114.96

Competitive Comparison of Syngene International's Days Payable

For the Biotechnology subindustry, Syngene International'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.

Syngene International's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Syngene International's Days Payable distribution charts can be found below:

* The bar in red indicates where Syngene International's Days Payable falls into.

Syngene International 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.

Syngene International'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
=	( (2580	+	2555)	/	2 )	/	9302	*	365
=	2567.5					/	9302	*	365
=	100.75

Syngene International'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	+	2555)	/	1 )	/	2028	*	365 / 4
=	2555					/	2028	*	365 / 4
=	114.96

Syngene International Days Payable Related Terms

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Syngene International (BOM:539268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Syngene International Ltd (BOM:539268) » Definitions » Days Payable

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SYNGENE:India

Address

Jigani Link Road, Biocon SEZ, Biocon Park, Plot No. 2 and 3, IV Phase, Bommasandra Industrial Area, Bangalore, KA, IND, 560 099

Website

https://www.syngeneintl.com

Syngene International Ltd is a contract research and manufacturing organization in India. It supports research and development programs, from lead generation to clinical and commercial supplies. The company operates in India, the United States of America and other countries, of which a majority of the revenue is derived from the US. The company receives revenue by providing contract research and manufacturing services. It offers services such as Oligonucleotide synthesis, Bioinformatics, Clinical development services, polymer research, chemical development, safety assessment, discovery chemistry, discovery biology, and others.

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