Achyut Healthcare (BOM:543499) Days Payable : 17.00 (As of Sep. 2024)

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What is Achyut Healthcare Days Payable?

Achyut Healthcare's average Accounts Payable for the six months ended in Sep. 2024 was ₹1.93 Mil. Achyut Healthcare's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹20.71 Mil. Hence, Achyut Healthcare's Days Payable for the six months ended in Sep. 2024 was 17.00.

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

BOM:543499' s Days Payable Range Over the Past 10 Years
Min: 13.33 Med: 48.85 Max: 225.16
Current: 13.33

During the past 6 years, Achyut Healthcare's highest Days Payable was 225.16. The lowest was 13.33. And the median was 48.85.

BOM:543499's Days Payable is ranked worse than
88.58% of 604 companies
in the Healthcare Providers & Services industry
Industry Median: 57.975 vs BOM:543499: 13.33

Achyut Healthcare's Days Payable declined from Sep. 2023 (52.13) to Sep. 2024 (17.00). It may suggest that Achyut Healthcare accelerated paying its suppliers.

Achyut Healthcare Days Payable Historical Data

The historical data trend for Achyut Healthcare'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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Achyut Healthcare Days Payable Chart

Achyut Healthcare Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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71.21

225.16

33.93

63.77

14.82

Achyut Healthcare Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial					97.98	230.35	52.13	9.71	17.00

Competitive Comparison of Achyut Healthcare's Days Payable

For the Pharmaceutical Retailers subindustry, Achyut Healthcare'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.

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

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

* The bar in red indicates where Achyut Healthcare's Days Payable falls into.

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Achyut Healthcare 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.

Achyut Healthcare'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
=	( (3.042	+	1.449)	/	2 )	/	55.294	*	365
=	2.2455					/	55.294	*	365
=	14.82

Achyut Healthcare'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
=	( (1.449	+	2.409)	/	2 )	/	20.71	*	365 / 2
=	1.929					/	20.71	*	365 / 2
=	17.00

Achyut Healthcare Days Payable Related Terms

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Achyut Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Achyut Healthcare Ltd (BOM:543499) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

BRTS Bus Stand, Iscon - Ambali Road, 610 Colonade, Behind Iscon Temple, Opposite Iscon, Ahmedabad, GJ, IND, 380058

Website

http://www.achyuthealthcare.com

Achyut Healthcare Ltd is engaged in the manufacturing and trading of Pharmaceutical formulations in the forms of Tablets, Capsules, Oral liquids, and Injectables. The company has business operations in both domestic and international markets. It generates the majority of its revenue from domestic markets.

Achyut Healthcare Headlines

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