Medplus Health Services (BOM:543427) Days Payable : 19.91 (As of Jun. 2024)

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What is Medplus Health Services Days Payable?

Medplus Health Services's average Accounts Payable for the three months ended in Jun. 2024 was ₹2,530 Mil. Medplus Health Services's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹11,596 Mil. Hence, Medplus Health Services's Days Payable for the three months ended in Jun. 2024 was 19.91.

The historical rank and industry rank for Medplus Health Services's Days Payable or its related term are showing as below:

BOM:543427' s Days Payable Range Over the Past 10 Years
Min: 21.33 Med: 27.37 Max: 31.28
Current: 21.78

During the past 6 years, Medplus Health Services's highest Days Payable was 31.28. The lowest was 21.33. And the median was 27.37.

BOM:543427's Days Payable is ranked worse than
81.67% of 600 companies
in the Healthcare Providers & Services industry
Industry Median: 60.915 vs BOM:543427: 21.78

Medplus Health Services's Days Payable declined from Jun. 2023 (23.48) to Jun. 2024 (19.91). It may suggest that Medplus Health Services accelerated paying its suppliers.

Medplus Health Services Days Payable Historical Data

The historical data trend for Medplus Health Services'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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Medplus Health Services Days Payable Chart

Medplus Health Services Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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30.62

28.76

24.13

25.98

21.33

Medplus Health Services Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial													23.48	24.77	24.36	20.01	19.91

Competitive Comparison of Medplus Health Services's Days Payable

For the Pharmaceutical Retailers subindustry, Medplus Health Services'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.

Medplus Health Services's Days Payable Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Medplus Health Services's Days Payable falls into.

Medplus Health Services 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.

Medplus Health Services'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
=	( (2601.44	+	2530.35)	/	2 )	/	43916.28	*	365
=	2565.895					/	43916.28	*	365
=	21.33

Medplus Health Services's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2530.35	+	0)	/	1 )	/	11595.69	*	365 / 4
=	2530.35					/	11595.69	*	365 / 4
=	19.91

Medplus Health Services Days Payable Related Terms

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Medplus Health Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medplus Health Services Ltd (BOM:543427) » Definitions » Days Payable

Traded in Other Exchanges

MEDPLUS:India

Address

Opposite Railway Siding (Moosapet), Municipal No: 11-6-56, Survey No. 257 & 258/1, C Block, III Floor, Kukatpally, Hyderabad, TG, IND, 500 037

Website

https://www.medplusindia.com

Medplus Health Services Ltd is a pharmacy retailer. It offers pharmaceutical and wellness products such as medicines, vitamins, medical devices, test kits, and others. The company also offer an omnichannel platform wherein customers can purchase products through stores, place orders over the telephone, online orders, and a Click and Pick facility.

Medplus Health Services Headlines

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