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Vasa Denticity (NSE:DENTALKART) Days Payable : 19.89 (As of Sep. 2023)


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What is Vasa Denticity Days Payable?

Vasa Denticity's average Accounts Payable for the six months ended in Sep. 2023 was ₹63.1 Mil. Vasa Denticity's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹579.2 Mil. Hence, Vasa Denticity's Days Payable for the six months ended in Sep. 2023 was 19.89.

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

NSE:DENTALKART' s Days Payable Range Over the Past 10 Years
Min: 24.95   Med: 30.96   Max: 47.61
Current: 47.61

During the past 3 years, Vasa Denticity's highest Days Payable was 47.61. The lowest was 24.95. And the median was 30.96.

NSE:DENTALKART's Days Payable is ranked worse than
78.49% of 93 companies
in the Medical Distribution industry
Industry Median: 73.65 vs NSE:DENTALKART: 47.61

Vasa Denticity's Days Payable increased from Mar. 2021 (0.00) to Sep. 2023 (19.89). It may suggest that Vasa Denticity delayed paying its suppliers.


Vasa Denticity Days Payable Historical Data

The historical data trend for Vasa Denticity'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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Vasa Denticity Days Payable Chart

Vasa Denticity Annual Data
Trend Mar20 Mar21 Mar22
Days Payable
43.76 30.96 24.95

Vasa Denticity Semi-Annual Data
Mar20 Mar21 Mar22 Sep23
Days Payable - - - 19.89

Competitive Comparison of Vasa Denticity's Days Payable

For the Medical Distribution subindustry, Vasa Denticity'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.


Vasa Denticity's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Vasa Denticity's Days Payable distribution charts can be found below:

* The bar in red indicates where Vasa Denticity's Days Payable falls into.



Vasa Denticity 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.

Vasa Denticity's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

Days Payable (A: Mar. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2021 ) + Accounts Payable (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (28.163 + 50.708) / 2 ) / 577.007*365
=39.4355 / 577.007*365
=24.95

Vasa Denticity's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (50.708 + 75.552) / 2 ) / 579.249*365 / 2
=63.13 / 579.249*365 / 2
=19.89

* 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.


Vasa Denticity Days Payable Related Terms

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Vasa Denticity (NSE:DENTALKART) Business Description

Traded in Other Exchanges
N/A
Address
Village, P.O. Chattarpur, Khasra No. 714, South Delhi, Delhi, IND, 110074
Vasa Denticity Ltd is engaged in the business of marketing and distributing a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile through our online portal Dentalkart.com. It operates an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. sell a broad range of dental products including dental consumables such as adhesives, filling materials, and impression materials; dental equipment such as chairs, x-ray machines, and autoclaves; and dental instruments such as forceps, probes, and mirrors.

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