Akums Drugs and Pharmaceuticals (BOM:544222) Days Payable : 91.93 (As of Dec. 2024)

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What is Akums Drugs and Pharmaceuticals Days Payable?

Akums Drugs and Pharmaceuticals's average Accounts Payable for the three months ended in Dec. 2024 was ₹6,069 Mil. Akums Drugs and Pharmaceuticals's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹6,024 Mil. Hence, Akums Drugs and Pharmaceuticals's Days Payable for the three months ended in Dec. 2024 was 91.93.

The historical rank and industry rank for Akums Drugs and Pharmaceuticals's Days Payable or its related term are showing as below:

BOM:544222' s Days Payable Range Over the Past 10 Years
Min: 71.46 Med: 75.16 Max: 118.3
Current: 118.3

During the past 4 years, Akums Drugs and Pharmaceuticals's highest Days Payable was 118.30. The lowest was 71.46. And the median was 75.16.

BOM:544222's Days Payable is ranked better than
66.7% of 937 companies
in the Drug Manufacturers industry
Industry Median: 85.92 vs BOM:544222: 118.30

Akums Drugs and Pharmaceuticals's Days Payable increased from Sep. 2023 (76.60) to Dec. 2024 (91.93). It may suggest that Akums Drugs and Pharmaceuticals delayed paying its suppliers.

Akums Drugs and Pharmaceuticals Days Payable Historical Data

The historical data trend for Akums Drugs and Pharmaceuticals'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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Akums Drugs and Pharmaceuticals Days Payable Chart

Akums Drugs and Pharmaceuticals Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

72.63

71.46

91.49

77.69

Akums Drugs and Pharmaceuticals Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial			76.60	81.29	80.75	87.20	91.93

Competitive Comparison of Akums Drugs and Pharmaceuticals's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Akums Drugs and Pharmaceuticals'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.

Akums Drugs and Pharmaceuticals's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Akums Drugs and Pharmaceuticals's Days Payable distribution charts can be found below:

* The bar in red indicates where Akums Drugs and Pharmaceuticals's Days Payable falls into.

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Akums Drugs and Pharmaceuticals 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.

Akums Drugs and Pharmaceuticals'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
=	( (5671.39	+	5321.32)	/	2 )	/	25822.24	*	365
=	5496.355					/	25822.24	*	365
=	77.69

Akums Drugs and Pharmaceuticals's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (6068.96	+	0)	/	1 )	/	6023.93	*	365 / 4
=	6068.96					/	6023.93	*	365 / 4
=	91.93

Akums Drugs and Pharmaceuticals Days Payable Related Terms

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Akums Drugs and Pharmaceuticals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Akums Drugs and Pharmaceuticals Ltd (BOM:544222) » Definitions » Days Payable

Traded in Other Exchanges

AKUMS:India

Address

Akums House, Plot No. 131 to 133, Block C, Mangolpuri Industrial Area Phase1, Adjoining CBSE Office, Delhi, IND, 110083

Website

https://www.akums.in

Akums Drugs and Pharmaceuticals Ltd a pharmaceutical contract development and manufacturing organization (CDMO) offering a comprehensive range of pharmaceutical products and services in India and overseas. Its services include formulation research and development (R&D), preparation and filing of regulatory dossiers in the Indian and Outside markets, and other testing services. It is also engaged in the manufacturing and sale of branded pharmaceutical formulations and active pharmaceutical ingredients (APIs). The operates in three segments: a) Contract Development and Manufacturing Operations (CDMO), b) Active Pharmaceutical Ingredient (API), and c) Branded and Generic formulations. Key revenue is generated from Contract Development and Manufacturing Operations (CDMO).

Akums Drugs and Pharmaceuticals Headlines

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