Dhruv Wellness (BOM:540695) Days Payable: 55.98 (As of Sep. 2023)

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BOM:540695 Dhruv Wellness Ltd BOM:540695
4 GF Score
Price ₹4.58
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What is Dhruv Wellness Days Payable?

Dhruv Wellness BOM:540695 4 Days Payable is 55.98 as of Sep. 2023. GuruFocus rates BOM:540695 with a GF Score™ of 4/100.

Dhruv Wellness's average Accounts Payable for the six months ended in Sep. 2023 was ₹0.52 Mil. Dhruv Wellness's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹1.68 Mil. Hence, Dhruv Wellness's Days Payable for the six months ended in Sep. 2023 was 55.98.

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

BOM:540695's Days Payable is not ranked *
in the Medical Distribution industry.
Industry Median: 78.565
* Ranked among companies with meaningful Days Payable only.

Dhruv Wellness's Days Payable increased from Sep. 2022 (0.00) to Sep. 2023 (55.98). It may suggest that Dhruv Wellness delayed paying its suppliers.


Dhruv Wellness Days Payable Historical Data

* Premium members only.

The historical data trend for Dhruv Wellness'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.

Dhruv Wellness Days Payable Chart

Dhruv Wellness Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial 24.49 30.79 215.18 0.00 52.58

Dhruv Wellness Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 267.77 55.98

BOM:540695 vs MCK, COR, CAH: Days Payable Comparison

For the Medical Distribution subindustry, Dhruv Wellness'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.


Dhruv Wellness Days Payable vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Dhruv Wellness's Days Payable distribution charts can be found below:

* The bar in red indicates where Dhruv Wellness's Days Payable falls into.


BOM:540695
4GF Score
Dhruv Wellness Ltd BOM:540695
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Dhruv Wellness 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.

Dhruv Wellness'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
=( (0 + 0.515) / 1 ) / 3.575*365
=0.515 / 3.575*365
=52.58

Dhruv Wellness's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.515 + 0.515) / 2 ) / 1.679*365 / 2
=0.515 / 1.679*365 / 2
=55.98

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 55.98 mean?
Dhruv Wellness (BOM:540695) has a Days Payable of 55.98 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Dhruv Wellness and its competitors.
Is Dhruv Wellness' Days Payable too high?
Dhruv Wellness' current Days Payable is 55.98. The Medical Distribution industry median Days Payable is 78.57. Dhruv Wellness' value of 55.98 is 28.7% below this industry median. Overall, Dhruv Wellness has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Dhruv Wellness' Days Payable compare to MCK and COR?
Dhruv Wellness' Days Payable of 55.98 can be compared against companies in the Medical Distribution industry. The industry median Days Payable is 78.57. Dhruv Wellness' value of 55.98 is 28.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Medical Distribution company?
The median Days Payable among Medical Distribution companies is 78.57, based on 116 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dhruv Wellness's current Days Payable of 55.98 is 28.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Dhruv Wellness and its competitors. For the Medical Distribution industry, the median Days Payable is 78.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhruv Wellness's current Days Payable is 55.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhruv Wellness stock overvalued right now?
Dhruv Wellness (BOM:540695) has a current Days Payable of 55.98. The current Days Payable is 55.98 and 28.7% below the Medical Distribution industry median of 78.57. Dhruv Wellness' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Dhruv Wellness (BOM:540695), the current Days Payable is 55.98 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dhruv Wellness Business Description

Address Jai Bhavani Lane, 207, Shop No. 2, C-Wing, Royal Appartment, Kasambaug, Opp Bachani Nagar, Malad - East, Mumbai, MH, IND, 400097
Dhruv Wellness Ltd is engaged in the wholesale and distribution of general, ayurvedic, pharmaceutical, and cosmetic products. It operates as a stockist of medical, general cosmetics, and pharmaceutical products. Some of the company's products are Kesho Grow, Livopro, Musli Vita, Ortho Cure, and among others.
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