Innova Captab (NSE:INNOVACAP) Days Payable : 89.17 (As of Dec. 2024)

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What is Innova Captab Days Payable?

Innova Captab's average Accounts Payable for the three months ended in Dec. 2024 was ₹2,051 Mil. Innova Captab's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹2,099 Mil. Hence, Innova Captab's Days Payable for the three months ended in Dec. 2024 was 89.17.

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

NSE:INNOVACAP' s Days Payable Range Over the Past 10 Years
Min: 74.89 Med: 82.44 Max: 127.12
Current: 87.07

During the past 6 years, Innova Captab's highest Days Payable was 127.12. The lowest was 74.89. And the median was 82.44.

NSE:INNOVACAP's Days Payable is ranked better than
50.37% of 941 companies
in the Drug Manufacturers industry
Industry Median: 85.92 vs NSE:INNOVACAP: 87.07

Innova Captab's Days Payable increased from Dec. 2023 (0.00) to Dec. 2024 (89.17). It may suggest that Innova Captab delayed paying its suppliers.

Innova Captab Days Payable Historical Data

The historical data trend for Innova Captab'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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Innova Captab Days Payable Chart

Innova Captab Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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88.97

127.12

74.89

78.95

82.22

Innova Captab Quarterly Data
	Mar19	Mar20	Mar21	Dec21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial									-	86.08	82.31	90.44	89.17

Competitive Comparison of Innova Captab's Days Payable

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

Innova Captab's Days Payable Distribution in the Drug Manufacturers Industry

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

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

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Innova Captab 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.

Innova Captab'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
=	( (1584.83	+	1796.55)	/	2 )	/	7505.12	*	365
=	1690.69					/	7505.12	*	365
=	82.22

Innova Captab'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
=	( (2051.4	+	0)	/	1 )	/	2099.28	*	365 / 4
=	2051.4					/	2099.28	*	365 / 4
=	89.17

Innova Captab Days Payable Related Terms

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Innova Captab Business Description

Industry

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

Traded in Other Exchanges

544067:India

Address

SCO No. 301, Sector 9, Second Floor, Panchkula, HR, IND, 134109

Website

https://www.innovacaptab.com

Innova Captab Ltd is an integrated pharmaceutical company in India and is engaged in research and development, manufacturing, drug distribution, and marketing and exports. Company business includes (i) a contract development and manufacturing organization ("CDMO") business providing manufacturing services to Indian pharmaceutical companies, (ii) a domestic branded generics business, and (iii) an international branded generics business.

Innova Captab Headlines

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