Chandra Bhagat Pharma (BOM:542934) Days Payable : 11.13 (As of Sep. 2023)

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What is Chandra Bhagat Pharma Days Payable?

Chandra Bhagat Pharma's average Accounts Payable for the six months ended in Sep. 2023 was ₹72 Mil. Chandra Bhagat Pharma's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹1,175 Mil. Hence, Chandra Bhagat Pharma's Days Payable for the six months ended in Sep. 2023 was 11.13.

The historical rank and industry rank for Chandra Bhagat Pharma's Days Payable or its related term are showing as below:

BOM:542934' s Days Payable Range Over the Past 10 Years
Min: 9.88 Med: 77.37 Max: 89.72
Current: 16.26

During the past 7 years, Chandra Bhagat Pharma's highest Days Payable was 89.72. The lowest was 9.88. And the median was 77.37.

BOM:542934's Days Payable is ranked worse than
97.13% of 975 companies
in the Drug Manufacturers industry
Industry Median: 87.13 vs BOM:542934: 16.26

Chandra Bhagat Pharma's Days Payable declined from Sep. 2022 (29.49) to Sep. 2023 (11.13). It may suggest that Chandra Bhagat Pharma accelerated paying its suppliers.

Chandra Bhagat Pharma Days Payable Historical Data

The historical data trend for Chandra Bhagat Pharma'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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Chandra Bhagat Pharma Days Payable Chart

Chandra Bhagat Pharma Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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89.23

89.72

77.37

34.76

9.88

Chandra Bhagat Pharma Semi-Annual Data
	Mar17	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial						72.72	36.20	29.49	18.32	11.13

Competitive Comparison of Chandra Bhagat Pharma's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Chandra Bhagat Pharma'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.

Chandra Bhagat Pharma's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chandra Bhagat Pharma's Days Payable distribution charts can be found below:

* The bar in red indicates where Chandra Bhagat Pharma's Days Payable falls into.

Chandra Bhagat Pharma 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.

Chandra Bhagat Pharma'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
=	( (26.717	+	31.021)	/	2 )	/	1066.661	*	365
=	28.869					/	1066.661	*	365
=	9.88

Chandra Bhagat Pharma'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
=	( (31.021	+	112.313)	/	2 )	/	1175.056	*	365 / 2
=	71.667					/	1175.056	*	365 / 2
=	11.13

Chandra Bhagat Pharma Days Payable Related Terms

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Chandra Bhagat Pharma (BOM:542934) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Chandra Bhagat Pharma Ltd (BOM:542934) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Doctor Ambedkar Road, 323-F Bhagat Bhuvan, Matunga (East), Mumbai, MH, IND, 400019

Website

https://www.cbcpharma.com

Chandra Bhagat Pharma Ltd is engaged in the business of marketing pharmaceutical critical care and health care products. The company provides a pharmaceutical formulation in therapeutic categories for formulations such as Anti-cancer (Oncology), Antibiotics, Anesthesia, Hormones, Orthopedic, Cardiac, Cardiovascular, Anti-fungal, Antiviral, Pediatrics, Cardiology, Nephrology, Neurology, and others. It is also engaged in promoting and marketing Active Pharmaceuticals Ingredients (APIs) in India.

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