FDC (NSE:FDC) Days Payable : 110.69 (As of Mar. 2024)

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What is FDC Days Payable?

FDC's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,860 Mil. FDC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,534 Mil. Hence, FDC's Days Payable for the three months ended in Mar. 2024 was 110.69.

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

NSE:FDC' s Days Payable Range Over the Past 10 Years
Min: 71.41 Med: 85.13 Max: 101.39
Current: 98.74

During the past 13 years, FDC's highest Days Payable was 101.39. The lowest was 71.41. And the median was 85.13.

NSE:FDC's Days Payable is ranked better than
55.98% of 970 companies
in the Drug Manufacturers industry
Industry Median: 88.83 vs NSE:FDC: 98.74

FDC's Days Payable increased from Mar. 2023 (105.76) to Mar. 2024 (110.69). It may suggest that FDC delayed paying its suppliers.

FDC Days Payable Historical Data

The historical data trend for FDC'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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FDC Days Payable Chart

FDC Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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81.67

83.41

71.41

87.78

101.39

FDC 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															105.76	89.18	90.50	101.67	110.69

Competitive Comparison of FDC's Days Payable

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

FDC's Days Payable Distribution in the Drug Manufacturers Industry

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

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

FDC 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.

FDC'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
=	( (1784.919	+	1860.35)	/	2 )	/	6561.494	*	365
=	1822.6345					/	6561.494	*	365
=	101.39

FDC'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	+	1860.35)	/	1 )	/	1533.686	*	365 / 4
=	1860.35					/	1533.686	*	365 / 4
=	110.69

FDC Days Payable Related Terms

Thank you for viewing the detailed overview of FDC's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

FDC (NSE:FDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » FDC Ltd (NSE:FDC) » Definitions » Days Payable

Traded in Other Exchanges

531599:India

Address

C-3 Skyvistas, Near Versova Police Station, D.N. Nagar, Andheri (West), Mumbai, MH, IND, 400053

Website

https://www.fdcindia.com

FDC Ltd is an Indian-based pharmaceutical company with USFDA and UK-MHRA-approved API and formulations manufacturing facilities. It has its presence in numerous therapeutic segments: Anti-infectives, Gastro-Intestinal, Vitamins/Minerals/Nutrients, Ophthalmology/Otologicals, Cardiac, Dermatology, Respiratory, Gynaecology, and Others. The company's brands include Zifi, Electral, Enerzal, Vitcofol, Pyrimon, Zocon, Zoxan, Zathrin, Zipod, Zefu, Cotaryl, and Mycoderm. The majority of the revenue is generated domestically.