Kovai Medical Center & Hospital (NSE:KOVAI) Days Payable: 12.84 (As of Mar. 2026) — 55% Below Median


NSE:KOVAI Kovai Medical Center & Hospital Ltd NSE:KOVAI
75 GF Score
Price ₹6,019.00
GF Value ₹3,221.25
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Kovai Medical Center & Hospital Days Payable?

Kovai Medical Center & Hospital NSE:KOVAI -1.14% 75 Days Payable is 12.84 as of Mar. 2026, which is 55% below its 10-year median of 28.47. GuruFocus rates NSE:KOVAI with a GF Score™ of 75/100 and a GF Value™ of ₹3,221.25 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 608 Healthcare Providers & Services companies, Kovai Medical Center & Hospital ranks worse than 87.83% on this metric.

Kovai Medical Center & Hospital's average Accounts Payable for the three months ended in Mar. 2026 was ₹245 Mil. Kovai Medical Center & Hospital's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,738 Mil. Hence, Kovai Medical Center & Hospital's Days Payable for the three months ended in Mar. 2026 was 12.84.

The historical rank and industry rank for Kovai Medical Center & Hospital's Days Payable or its related term are showing as below:

NSE:KOVAI' s Days Payable Range Over the Past 10 Years
Min: 14.71   Med: 28.47   Max: 40.98
Current: 15.22

During the past 13 years, Kovai Medical Center & Hospital's highest Days Payable was 40.98. The lowest was 14.71. And the median was 28.47.

NSE:KOVAI's Days Payable is ranked worse than
87.83% of 608 companies
in the Healthcare Providers & Services industry
Industry Median: 58.08 vs NSE:KOVAI: 15.22

Kovai Medical Center & Hospital's Days Payable declined from Mar. 2025 (17.84) to Mar. 2026 (12.84). It may suggest that Kovai Medical Center & Hospital accelerated paying its suppliers.


Kovai Medical Center & Hospital Days Payable Related Terms


Kovai Medical Center & Hospital Days Payable Historical Data

* Premium members only.

The historical data trend for Kovai Medical Center & Hospital'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.

Kovai Medical Center & Hospital Days Payable Chart

Kovai Medical Center & Hospital Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.13 16.54 18.56 17.36 14.71

Kovai Medical Center & Hospital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 17.84 17.81 15.15 15.35 12.84

NSE:KOVAI vs HCA, THC, DVA: Days Payable Comparison

For the Medical Care Facilities subindustry, Kovai Medical Center & Hospital'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.


Kovai Medical Center & Hospital Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kovai Medical Center & Hospital's Days Payable distribution charts can be found below:

* The bar in red indicates where Kovai Medical Center & Hospital's Days Payable falls into.


NSE:KOVAI
75GF Score
Kovai Medical Center & Hospital Ltd NSE:KOVAI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kovai Medical Center & Hospital 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.

Kovai Medical Center & Hospital's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (294.882 + 244.596) / 2 ) / 6691.901*365
=269.739 / 6691.901*365
=14.71

Kovai Medical Center & Hospital's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 244.596) / 1 ) / 1737.609*365 / 4
=244.596 / 1737.609*365 / 4
=12.84

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 12.84 mean?
Kovai Medical Center & Hospital (NSE:KOVAI) has a Days Payable of 12.84 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kovai Medical Center & Hospital and its competitors. This is 55% below median its historical median of 28.47. Over the past decade, Kovai Medical Center & Hospital's Days Payable has ranged from 14.71 to 40.98. According to the industry distribution chart, Kovai Medical Center & Hospital ranks #534 out of 608 companies in the Healthcare Providers & Services industry, placing it in the top 87.8%.
Is Kovai Medical Center & Hospital's Days Payable too high?
Kovai Medical Center & Hospital's current Days Payable of 12.84 is 55% below median its 10-year median of 28.47. Over the past 10 years, this metric has ranged from a low of 14.71 to a high of 40.98. The Healthcare Providers & Services industry median Days Payable is 58.08. Kovai Medical Center & Hospital's value of 12.84 is 77.9% below this industry median. Based on the distribution chart, Kovai Medical Center & Hospital ranks #534 out of 608 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Kovai Medical Center & Hospital has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kovai Medical Center & Hospital's Days Payable compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Kovai Medical Center & Hospital ranks #534 out of 608 companies for Days Payable. This places Kovai Medical Center & Hospital in the lower half of its industry. The industry median Days Payable is 58.08. Kovai Medical Center & Hospital's value of 12.84 is 77.9% below this benchmark. Historically, Kovai Medical Center & Hospital's own Days Payable has ranged from 14.71 to 40.98 over the past decade. While the company's 10-year median is 28.47 vs. the industry median of 58.08, Kovai Medical Center & Hospital has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 58.08, based on 608 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kovai Medical Center & Hospital's current Days Payable of 12.84 is 77.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kovai Medical Center & Hospital and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kovai Medical Center & Hospital's current Days Payable is 12.84, which is 55% below median its own 10-year median of 28.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kovai Medical Center & Hospital stock overvalued right now?
Based on GuruFocus' analysis, Kovai Medical Center & Hospital (NSE:KOVAI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,221.25, compared to a current price of ₹6,019.00 — trading 86.9% above its estimated fair value. The current Days Payable is 12.84, which is 55% below median its 10-year median of 28.47 and 77.9% below the Healthcare Providers & Services industry median of 58.08. Kovai Medical Center & Hospital's overall GF Score™ is 75/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Kovai Medical Center & Hospital (NSE:KOVAI), the current Days Payable is 12.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kovai Medical Center & Hospital (NSE:KOVAI) Overvalued in 2026?

Based on GuruFocus' analysis, Kovai Medical Center & Hospital stock appears to be overvalued. The current stock price of ₹6,019.00 is trading 86.9% above its estimated GF Value™ of ₹3,221.25. GuruFocus considers Kovai Medical Center & Hospital to be Significantly Overvalued.

Key valuation signals for NSE:KOVAI:

  • Days Payable: 12.84 (55% below median its 10-year median of 28.47)
  • GF Value™: ₹3,221.25 vs. price of ₹6,019.00 (86.9% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 77.9% below the Healthcare Providers & Services median (#534 of 608)

No single metric tells the full story. See the NSE:KOVAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kovai Medical Center & Hospital Business Description

Other Exchanges 523323:India
Address No. 99, Avanashi Road, Post Box No. 3209, Coimbatore, TN, IND, 641 014
Kovai Medical Center & Hospital Ltd provides hospital services to inpatients and outpatients. The company's operating segments include Healthcare Services and Education Services. It generates maximum revenue from the Healthcare segment. The company operates various medical facilities, which provide services related to critical care medicine, dermatology, emergency, Endocrinology and Diabetology, Fertility and reproductive medicine, gastroenterology, neonatology, nephrology, neurology, obstetrics and gynecology, pediatric surgery, pulmonology, psychological medicine, and rheumatology, as well as health check programs and pediatrics.
75GF Score

Get the complete analysis for NSE:KOVAI

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹6,019.00
Price
₹3,221.25
GF Value