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Brooks Laboratories (NSE:BROOKS) Days Payable : 110.79 (As of Mar. 2024)


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What is Brooks Laboratories Days Payable?

Brooks Laboratories's average Accounts Payable for the three months ended in Mar. 2024 was ₹154.4 Mil. Brooks Laboratories's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹127.2 Mil. Hence, Brooks Laboratories's Days Payable for the three months ended in Mar. 2024 was 110.79.

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

NSE:BROOKS' s Days Payable Range Over the Past 10 Years
Min: 99.06   Med: 166.5   Max: 215.98
Current: 148.09

During the past 13 years, Brooks Laboratories's highest Days Payable was 215.98. The lowest was 99.06. And the median was 166.50.

NSE:BROOKS's Days Payable is ranked better than
74.51% of 973 companies
in the Drug Manufacturers industry
Industry Median: 88.69 vs NSE:BROOKS: 148.09

Brooks Laboratories's Days Payable declined from Dec. 2022 (296.13) to Mar. 2024 (110.79). It may suggest that Brooks Laboratories accelerated paying its suppliers.


Brooks Laboratories Days Payable Historical Data

The historical data trend for Brooks Laboratories'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.

* Premium members only.

Brooks Laboratories Days Payable Chart

Brooks Laboratories Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.57 188.38 141.94 185.27 125.11

Brooks Laboratories Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 296.13 259.91 104.80 98.80 110.79

Competitive Comparison of Brooks Laboratories's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Brooks Laboratories'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.


Brooks Laboratories's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Brooks Laboratories's Days Payable falls into.



Brooks Laboratories 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.

Brooks Laboratories'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
=( (233.704 + 154.433) / 2 ) / 566.19*365
=194.0685 / 566.19*365
=125.11

Brooks Laboratories'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 + 154.433) / 1 ) / 127.195*365 / 4
=154.433 / 127.195*365 / 4
=110.79

* 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.


Brooks Laboratories Days Payable Related Terms

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Brooks Laboratories (NSE:BROOKS) Business Description

Traded in Other Exchanges
Address
Off. Andheri Kurla Road, 201, The Summit Business Park, Behind Guru Nanak Petrol Pump, Andheri (East), Mumbai, MH, IND, 400 093
Brooks Laboratories Ltd is an Indian company operating in the healthcare sector. The company is engaged in the formulation, development, production, and export of drugs and pharmaceuticals. It has manufacturing sites located in Baddi, Himachal Pradesh, and Vadodara, Gujarat. It manufactures drugs in a variety of forms, including tablets, dry syrup, injections, liquid injections, dry powder injections, eye drops, and ear drops. Its products include carbapenem and penicillins.

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