Laxmi Dental (NSE:LAXMIDENTL) Days Payable: 44.65 (As of Mar. 2026) — 71% Below Median

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NSE:LAXMIDENTL Laxmi Dental Ltd NSE:LAXMIDENTL
16 GF Score
Price ₹222.81
! 4 Warning Signs
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What is Laxmi Dental Days Payable?

Laxmi Dental NSE:LAXMIDENTL +0.72% 16 Days Payable is 44.65 as of Mar. 2026, which is 71% below its 10-year median of 152.61. GuruFocus rates NSE:LAXMIDENTL with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Laxmi Dental ranks better than 55.09% on this metric.

Laxmi Dental's average Accounts Payable for the three months ended in Mar. 2026 was ₹107 Mil. Laxmi Dental's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹218 Mil. Hence, Laxmi Dental's Days Payable for the three months ended in Mar. 2026 was 44.65.

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

NSE:LAXMIDENTL' s Days Payable Range Over the Past 10 Years
Min: 76.46   Med: 152.61   Max: 242.99
Current: 76.46

During the past 5 years, Laxmi Dental's highest Days Payable was 242.99. The lowest was 76.46. And the median was 152.61.

NSE:LAXMIDENTL's Days Payable is ranked better than
55.09% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 67.87 vs NSE:LAXMIDENTL: 76.46

Laxmi Dental's Days Payable declined from Mar. 2025 (226.92) to Mar. 2026 (44.65). It may suggest that Laxmi Dental accelerated paying its suppliers.


Laxmi Dental Days Payable Historical Data

* Premium members only.

The historical data trend for Laxmi Dental'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.

Laxmi Dental Days Payable Chart

Laxmi Dental Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
242.99 210.27 144.09 152.61 94.91

Laxmi Dental Quarterly Data
Mar22 Mar23 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 226.92 167.09 35.76 40.42 44.65

NSE:LAXMIDENTL vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, Laxmi Dental'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.


Laxmi Dental Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Laxmi Dental's Days Payable distribution charts can be found below:

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


NSE:LAXMIDENTL
16GF Score
Laxmi Dental Ltd NSE:LAXMIDENTL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Laxmi Dental 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.

Laxmi Dental'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
=( (320.6 + 106.8) / 2 ) / 821.87*365
=213.7 / 821.87*365
=94.91

Laxmi Dental'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 + 106.8) / 1 ) / 218.27*365 / 4
=106.8 / 218.27*365 / 4
=44.65

* 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 44.65 mean?
Laxmi Dental (NSE:LAXMIDENTL) has a Days Payable of 44.65 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 Laxmi Dental and its competitors. This is 71% below median its historical median of 152.61. Over the past decade, Laxmi Dental's Days Payable has ranged from 76.46 to 242.99. According to the industry distribution chart, Laxmi Dental ranks #357 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 44.9%.
Is Laxmi Dental's Days Payable too high?
Laxmi Dental's current Days Payable of 44.65 is 71% below median its 10-year median of 152.61. Over the past 10 years, this metric has ranged from a low of 76.46 to a high of 242.99. The Medical Devices & Instruments industry median Days Payable is 67.87. Laxmi Dental's value of 44.65 is 34.2% below this industry median. Based on the distribution chart, Laxmi Dental ranks #357 out of 795 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Laxmi Dental has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi Dental's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Laxmi Dental ranks #357 out of 795 companies for Days Payable. This puts Laxmi Dental in the upper half of its industry. The industry median Days Payable is 67.87. Laxmi Dental's value of 44.65 is 34.2% below this benchmark. Historically, Laxmi Dental's own Days Payable has ranged from 76.46 to 242.99 over the past decade. While the company's 10-year median is 152.61 vs. the industry median of 67.87, Laxmi Dental 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.87, based on 795 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. Laxmi Dental's current Days Payable of 44.65 is 34.2% 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 Laxmi Dental and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Dental's current Days Payable is 44.65, which is 71% below median its own 10-year median of 152.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Dental stock overvalued right now?
Laxmi Dental (NSE:LAXMIDENTL) has a current Days Payable of 44.65. The current Days Payable is 44.65, which is 71% below median its 10-year median of 152.61 and 34.2% below the Medical Devices & Instruments industry median of 67.87. Laxmi Dental's overall GF Score™ is 16/100 with 4 warning signs 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 Laxmi Dental (NSE:LAXMIDENTL), the current Days Payable is 44.65 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.

Laxmi Dental Business Description

Other Exchanges 544339:India
Address 301, A-wing, Interface-16, Mindspace, Malad (West, Mumbai, MH, IND, 400064
Laxmi Dental Ltd is an end-to-end integrated dental products company. Its products include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The Group has three reportable segments: Laboratory Business segment comprises dental prostheses, such as metal-free crowns & bridges, Porcelain Fused to Metal (PFM) Crowns and Bridges, and Dentures. The Aligners Business segment comprises dental aligners, Retainers, Raw Materials for Aligners, Sport Guards, Night Guards, and Sleep Apnea Devices. The Other Business segment comprises Dental distribution products used in Dental Laboratory, Dental Clinical Services, and Dental Educational Courses.
16GF Score

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