Tejnaksh Healthcare (BOM:539428) Days Payable : 135.47 (As of Dec. 2023)

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What is Tejnaksh Healthcare Days Payable?

Tejnaksh Healthcare's average Accounts Payable for the three months ended in Dec. 2023 was ₹5.3 Mil. Tejnaksh Healthcare's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹3.6 Mil. Hence, Tejnaksh Healthcare's Days Payable for the three months ended in Dec. 2023 was 135.47.

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

BOM:539428' s Days Payable Range Over the Past 10 Years
Min: 110.16 Med: 164.86 Max: 1618.84
Current: 124.14

During the past 9 years, Tejnaksh Healthcare's highest Days Payable was 1618.84. The lowest was 110.16. And the median was 164.86.

BOM:539428's Days Payable is ranked better than
73.51% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.09 vs BOM:539428: 124.14

Tejnaksh Healthcare's Days Payable declined from Dec. 2022 (179.32) to Dec. 2023 (135.47). It may suggest that Tejnaksh Healthcare accelerated paying its suppliers.

Tejnaksh Healthcare Days Payable Historical Data

The historical data trend for Tejnaksh 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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Tejnaksh Healthcare Days Payable Chart

Tejnaksh Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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204.37

160.22

205.85

110.16

120.22

Tejnaksh 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															179.32	94.97	122.94	188.39	135.47

Competitive Comparison of Tejnaksh Healthcare's Days Payable

For the Medical Care Facilities subindustry, Tejnaksh 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.

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

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

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

Tejnaksh 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.

Tejnaksh 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
=	( (3.866	+	5.431)	/	2 )	/	14.113	*	365
=	4.6485					/	14.113	*	365
=	120.22

Tejnaksh 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
=	( (5.312	+	0)	/	1 )	/	3.578	*	365 / 4
=	5.312					/	3.578	*	365 / 4
=	135.47

Tejnaksh Healthcare Days Payable Related Terms

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Tejnaksh Healthcare (BOM:539428) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Tejnaksh Healthcare Ltd (BOM:539428) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Institute of Urology, Sakri Road, Dhule, MH, IND, 424 001

Website

https://www.tejnaksh.com

Tejnaksh Healthcare Ltd is engaged in the provision of hospital and healthcare services. Geographically, it operates only in India. The Company has a single operating segment, namely health care services. The company domains include Urology Hospitals; Nephrology Hospitals; Dental Clinics; Healthcare Equipment and Research and Development. It generates maximum revenue from Operation and Surgery.

Tejnaksh Healthcare (BOM:539428) Headlines

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