Bliss GVS Pharma (NSE:BLISSGVS) Days Payable : 58.27 (As of Mar. 2024)

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What is Bliss GVS Pharma Days Payable?

Bliss GVS Pharma's average Accounts Payable for the three months ended in Mar. 2024 was ₹610 Mil. Bliss GVS Pharma's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹955 Mil. Hence, Bliss GVS Pharma's Days Payable for the three months ended in Mar. 2024 was 58.27.

The historical rank and industry rank for Bliss GVS Pharma's Days Payable or its related term are showing as below:

NSE:BLISSGVS' s Days Payable Range Over the Past 10 Years
Min: 40.95 Med: 86.13 Max: 187.83
Current: 74.84

During the past 13 years, Bliss GVS Pharma's highest Days Payable was 187.83. The lowest was 40.95. And the median was 86.13.

NSE:BLISSGVS's Days Payable is ranked worse than
57.78% of 971 companies
in the Drug Manufacturers industry
Industry Median: 88.69 vs NSE:BLISSGVS: 74.84

Bliss GVS Pharma's Days Payable declined from Mar. 2023 (72.33) to Mar. 2024 (58.27). It may suggest that Bliss GVS Pharma accelerated paying its suppliers.

Bliss GVS Pharma Days Payable Historical Data

The historical data trend for Bliss GVS Pharma'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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Bliss GVS Pharma Days Payable Chart

Bliss GVS Pharma Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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70.05

90.85

77.87

81.40

70.38

Bliss GVS Pharma Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															72.33	93.37	80.24	78.08	58.27

Competitive Comparison of Bliss GVS Pharma's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Bliss GVS Pharma'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.

Bliss GVS Pharma's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bliss GVS Pharma's Days Payable distribution charts can be found below:

* The bar in red indicates where Bliss GVS Pharma's Days Payable falls into.

Bliss GVS Pharma 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.

Bliss GVS Pharma'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
=	( (863.899	+	609.653)	/	2 )	/	3821.157	*	365
=	736.776					/	3821.157	*	365
=	70.38

Bliss GVS Pharma'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	609.653)	/	1 )	/	954.678	*	365 / 4
=	609.653					/	954.678	*	365 / 4
=	58.27

Bliss GVS Pharma Days Payable Related Terms

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Bliss GVS Pharma (NSE:BLISSGVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Bliss GVS Pharma Ltd (NSE:BLISSGVS) » Definitions » Days Payable

Traded in Other Exchanges

506197:India

Address

Saki Vihar Road, 102, Hyde Park, Andheri (East), Mumbai, MH, IND, 400 072

Website

https://www.blissgvs.com

Bliss GVS Pharma Ltd is an India-based company engaged in the manufacturing, marketing, trading, and export of pharmaceutical products. Geographically, it derives a majority of revenue from Outside India. Some of its brands include Lonart, P-Alaxin, Funbact, and Lofnac, and others. It offers pharma products including tablets, suspensions, suppositories, and injections. The majority of its revenue is derived from Exports.

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