Novateor Research Laboratories (BOM:542771) Days Payable : 161.58 (As of Sep. 2024)

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What is Novateor Research Laboratories Days Payable?

Novateor Research Laboratories's average Accounts Payable for the six months ended in Sep. 2024 was ₹4.51 Mil. Novateor Research Laboratories's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹5.10 Mil. Hence, Novateor Research Laboratories's Days Payable for the six months ended in Sep. 2024 was 161.58.

The historical rank and industry rank for Novateor Research Laboratories's Days Payable or its related term are showing as below:

BOM:542771' s Days Payable Range Over the Past 10 Years
Min: 30.41 Med: 117.57 Max: 1117.12
Current: 135.09

During the past 8 years, Novateor Research Laboratories's highest Days Payable was 1117.12. The lowest was 30.41. And the median was 117.57.

BOM:542771's Days Payable is ranked better than
88.48% of 1832 companies
in the Consumer Packaged Goods industry
Industry Median: 45.955 vs BOM:542771: 135.09

Novateor Research Laboratories's Days Payable increased from Sep. 2023 (158.10) to Sep. 2024 (161.58). It may suggest that Novateor Research Laboratories delayed paying its suppliers.

Novateor Research Laboratories Days Payable Historical Data

The historical data trend for Novateor Research Laboratories'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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Novateor Research Laboratories Days Payable Chart

Novateor Research Laboratories Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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97.87

60.69

30.41

36.72

137.27

Novateor Research Laboratories Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial										32.25	136.37	158.10	131.24	161.58

Competitive Comparison of Novateor Research Laboratories's Days Payable

For the Household & Personal Products subindustry, Novateor Research Laboratories'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.

Novateor Research Laboratories's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Novateor Research Laboratories's Days Payable distribution charts can be found below:

* The bar in red indicates where Novateor Research Laboratories's Days Payable falls into.

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Novateor Research Laboratories 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.

Novateor Research Laboratories'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
=	( (1.633	+	5.445)	/	2 )	/	9.41	*	365
=	3.539					/	9.41	*	365
=	137.27

Novateor Research Laboratories's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (5.445	+	3.577)	/	2 )	/	5.095	*	365 / 2
=	4.511					/	5.095	*	365 / 2
=	161.58

Novateor Research Laboratories Days Payable Related Terms

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Novateor Research Laboratories Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Novateor Research Laboratories Ltd (BOM:542771) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Anandnagar Cross Road, 100 Feet Ring Road, 1026, Dev Atelier, Opposite Dev Auram, Prahladnagar, Ahmedabad, GJ, IND, 380015

Website

https://www.novateor.com

Novateor Research Laboratories Ltd is a company engaged in the development of novel personal care products that are intended to provide safe, easy, and innovative approaches to the existing traditional personal care solutions. The company's teeth-whitening products are sold under the brand name SmiloShine. The company manufactures three different variants of teeth whitening strips, teeth whitening toothpaste and brush, kids's toothpaste and tongue cleaner, and teeth whitening gel.

Novateor Research Laboratories Headlines

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