Aashka Hospitals (BOM:543346) Days Payable : 229.00 (As of Mar. 2024)

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What is Aashka Hospitals Days Payable?

Aashka Hospitals's average Accounts Payable for the six months ended in Mar. 2024 was ₹17.7 Mil. Aashka Hospitals's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹14.1 Mil. Hence, Aashka Hospitals's Days Payable for the six months ended in Mar. 2024 was 229.00.

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

BOM:543346' s Days Payable Range Over the Past 10 Years
Min: 52.77 Med: 75.51 Max: 263.61
Current: 234.02

During the past 6 years, Aashka Hospitals's highest Days Payable was 263.61. The lowest was 52.77. And the median was 75.51.

BOM:543346's Days Payable is ranked better than
84.85% of 594 companies
in the Healthcare Providers & Services industry
Industry Median: 63.31 vs BOM:543346: 234.02

Aashka Hospitals's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (229.00). It may suggest that Aashka Hospitals delayed paying its suppliers.

Aashka Hospitals Days Payable Historical Data

The historical data trend for Aashka Hospitals'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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Aashka Hospitals Days Payable Chart

Aashka Hospitals Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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73.41

52.77

54.31

224.84

263.61

Aashka Hospitals Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial				62.39	64.62	-	209.01	229.00

Competitive Comparison of Aashka Hospitals's Days Payable

For the Medical Care Facilities subindustry, Aashka Hospitals'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.

Aashka Hospitals's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aashka Hospitals's Days Payable distribution charts can be found below:

* The bar in red indicates where Aashka Hospitals's Days Payable falls into.

Aashka Hospitals 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.

Aashka Hospitals'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
=	( (0	+	19.961)	/	1 )	/	27.638	*	365
=	19.961					/	27.638	*	365
=	263.61

Aashka Hospitals'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (15.479	+	19.961)	/	2 )	/	14.122	*	365 / 2
=	17.72					/	14.122	*	365 / 2
=	229.00

Aashka Hospitals Days Payable Related Terms

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Aashka Hospitals (BOM:543346) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aashka Hospitals Ltd (BOM:543346) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Between Sargasan & Reliance Cross Road, Sargasan, Gandhinagar, GJ, IND, 382421

Website

https://aashkahospitals.in

Aashka Hospital Ltd is an integrated healthcare service provider that offers the quality of healthcare facilities including prevention, treatment, and rehabilitation. It serves a range of healthcare services such as Cardiology, neurology, neurosurgery, nephrology, anesthesiology, orthopedics, pediatric services, neonatology services, dermatology, radiology, dentistry, obstetrics, and gynecology, and more. The group also includes the operation of Multi-Disciplinary Private Hospital, Clinics, and Pharmacies.

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