Adeshwar Meditex (BOM:543309) Days Payable : 75.87 (As of Sep. 2024)

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What is Adeshwar Meditex Days Payable?

Adeshwar Meditex's average Accounts Payable for the six months ended in Sep. 2024 was ₹153.0 Mil. Adeshwar Meditex's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹368.1 Mil. Hence, Adeshwar Meditex's Days Payable for the six months ended in Sep. 2024 was 75.87.

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

BOM:543309' s Days Payable Range Over the Past 10 Years
Min: 45.65 Med: 82.79 Max: 128.91
Current: 99.95

During the past 7 years, Adeshwar Meditex's highest Days Payable was 128.91. The lowest was 45.65. And the median was 82.79.

BOM:543309's Days Payable is ranked better than
64.22% of 791 companies
in the Medical Devices & Instruments industry
Industry Median: 69.8 vs BOM:543309: 99.95

Adeshwar Meditex's Days Payable declined from Sep. 2023 (89.77) to Sep. 2024 (75.87). It may suggest that Adeshwar Meditex accelerated paying its suppliers.

Adeshwar Meditex Days Payable Historical Data

The historical data trend for Adeshwar Meditex'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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Adeshwar Meditex Days Payable Chart

Adeshwar Meditex Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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82.79

119.84

128.91

98.77

81.86

Adeshwar Meditex Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial							87.88	101.94	89.77	119.59	75.87

Competitive Comparison of Adeshwar Meditex's Days Payable

For the Medical Instruments & Supplies subindustry, Adeshwar Meditex'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.

Adeshwar Meditex's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Adeshwar Meditex's Days Payable distribution charts can be found below:

* The bar in red indicates where Adeshwar Meditex's Days Payable falls into.

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Adeshwar Meditex 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.

Adeshwar Meditex'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
=	( (167.856	+	145.259)	/	2 )	/	698.054	*	365
=	156.5575					/	698.054	*	365
=	81.86

Adeshwar Meditex'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
=	( (145.259	+	160.837)	/	2 )	/	368.123	*	365 / 2
=	153.048					/	368.123	*	365 / 2
=	75.87

Adeshwar Meditex Days Payable Related Terms

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Adeshwar Meditex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Adeshwar Meditex Ltd (BOM:543309) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marol Maroshi Road, Gala 111 Lok Centre, Andheri East, Marol Naka, Mumbai, MH, IND, 400059

Website

https://www.adeshwarmeditex.com

Adeshwar Meditex Ltd is engaged in manufacturing surgical dressings and external preparations products such as Sterile surgical wound dressing, Combine dressing, Gauze Dressing and Cotton Products, Medical Bandages and Plaster, Antiseptics / Disinfectants, and others.

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