SMS Lifesciences India (BOM:540679) Days Payable : 89.75 (As of Mar. 2024)

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What is SMS Lifesciences India Days Payable?

SMS Lifesciences India's average Accounts Payable for the three months ended in Mar. 2024 was ₹591 Mil. SMS Lifesciences India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹601 Mil. Hence, SMS Lifesciences India's Days Payable for the three months ended in Mar. 2024 was 89.75.

The historical rank and industry rank for SMS Lifesciences India's Days Payable or its related term are showing as below:

BOM:540679' s Days Payable Range Over the Past 10 Years
Min: 84.75 Med: 106.5 Max: 135.32
Current: 93.66

During the past 9 years, SMS Lifesciences India's highest Days Payable was 135.32. The lowest was 84.75. And the median was 106.50.

BOM:540679's Days Payable is ranked worse than
60.61% of 721 companies
in the Biotechnology industry
Industry Median: 148.78 vs BOM:540679: 93.66

SMS Lifesciences India's Days Payable declined from Mar. 2023 (120.37) to Mar. 2024 (89.75). It may suggest that SMS Lifesciences India accelerated paying its suppliers.

SMS Lifesciences India Days Payable Historical Data

The historical data trend for SMS Lifesciences India'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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SMS Lifesciences India Days Payable Chart

SMS Lifesciences India Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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135.32

107.38

97.68

110.11

103.83

SMS Lifesciences India 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															120.37	94.92	84.67	82.98	89.75

Competitive Comparison of SMS Lifesciences India's Days Payable

For the Biotechnology subindustry, SMS Lifesciences India'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.

SMS Lifesciences India's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, SMS Lifesciences India's Days Payable distribution charts can be found below:

* The bar in red indicates where SMS Lifesciences India's Days Payable falls into.

SMS Lifesciences India 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.

SMS Lifesciences India'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
=	( (596.676	+	591.265)	/	2 )	/	2087.926	*	365
=	593.9705					/	2087.926	*	365
=	103.83

SMS Lifesciences India'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	+	591.265)	/	1 )	/	601.135	*	365 / 4
=	591.265					/	601.135	*	365 / 4
=	89.75

SMS Lifesciences India Days Payable Related Terms

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SMS Lifesciences India (BOM:540679) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » SMS Lifesciences India Ltd (BOM:540679) » Definitions » Days Payable

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SMSLIFE:India

Address

Road Number 71, Plot Number 19 - III, Opposite Bharatiya Vidya Bhavan Public School, Jubilee Hills, Hyderabad, TG, IND, 500096

Website

https://www.smslife.in

SMS Lifesciences India Ltd is engaged in the Business of manufacturing of Active Pharmaceutical Ingredients (APIs) and its intermediates and sells its products in India as well as exports. The group sells its products in India and also exports it to other countries. Some of its API products are used in therapy as an Antiulcer, Antifungal, and Erectile Dysfunction.

SMS Lifesciences India (BOM:540679) Headlines

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