Maitreya Medicare (NSE:MAITREYA) Days Payable: 147.31 (As of Sep. 2023)


NSE:MAITREYA Maitreya Medicare Ltd NSE:MAITREYA
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What is Maitreya Medicare Days Payable?

Maitreya Medicare NSE:MAITREYA 18 Days Payable is 147.31 as of Sep. 2023. GuruFocus rates NSE:MAITREYA with a GF Score™ of 18/100.

Maitreya Medicare's average Accounts Payable for the six months ended in Sep. 2023 was ₹44.0 Mil. Maitreya Medicare's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹54.5 Mil. Hence, Maitreya Medicare's Days Payable for the six months ended in Sep. 2023 was 147.31.

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

NSE:MAITREYA's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 57.51
* Ranked among companies with meaningful Days Payable only.

Maitreya Medicare's Days Payable increased from Mar. 2022 (0.00) to Sep. 2023 (147.31). It may suggest that Maitreya Medicare delayed paying its suppliers.

Maitreya Medicare Days Payable Historical Data

* Premium members only.

The historical data trend for Maitreya Medicare'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.

Maitreya Medicare Days Payable Chart

Maitreya Medicare Annual Data
Trend Mar21 Mar22 Mar23
Days Payable
178.09 136.89 151.46

Maitreya Medicare Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Days Payable 0.00 0.00 0.00 147.31

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

For the Medical Care Facilities subindustry, Maitreya Medicare'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.

Maitreya Medicare Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Maitreya Medicare's Days Payable distribution charts can be found below:

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


NSE:MAITREYA
18GF Score
Maitreya Medicare Ltd NSE:MAITREYA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Maitreya Medicare 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.

Maitreya Medicare's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (39.003 + 38.151) / 2 ) / 92.964*365
=38.577 / 92.964*365
=151.46

Maitreya Medicare'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. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (38.151 + 49.822) / 2 ) / 54.495*365 / 2
=43.9865 / 54.495*365 / 2
=147.31

* 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 147.31 mean?
Maitreya Medicare (NSE:MAITREYA) has a Days Payable of 147.31 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Maitreya Medicare and its competitors.
Is Maitreya Medicare's Days Payable too high?
Maitreya Medicare's current Days Payable is 147.31. The Healthcare Providers & Services industry median Days Payable is 57.51. Maitreya Medicare's value of 147.31 is 156.1% above this industry median. Overall, Maitreya Medicare has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Maitreya Medicare's Days Payable compare to HCA and DVA?
Maitreya Medicare's Days Payable of 147.31 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 57.51. Maitreya Medicare's value of 147.31 is 156.1% above this benchmark. 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 57.51, based on 605 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. Maitreya Medicare's current Days Payable of 147.31 is 156.1% above 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 Maitreya Medicare and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maitreya Medicare's current Days Payable is 147.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maitreya Medicare stock overvalued right now?
Maitreya Medicare (NSE:MAITREYA) has a current Days Payable of 147.31. The current Days Payable is 147.31 and 156.1% above the Healthcare Providers & Services industry median of 57.51. Maitreya Medicare's overall GF Score™ is 18/100. 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 Maitreya Medicare (NSE:MAITREYA), the current Days Payable is 147.31 as of Sep. 2023. 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.

Maitreya Medicare Business Description

Address Nr. Someshwara Char Rasta, Udhana - Magdalla Road, Surat, GJ, IND, 395007
Maitreya Medicare Ltd is Multi Superspeciality hospital. It is a 125 bedded hospital that provides multi-disciplinary integrated healthcare services, with a focus on primary secondary & tertiary care, and also offers a comprehensive range of healthcare services across over 18 specialties and super specialties, including Cardiology, Urology, Oncology, Laparoscopic Surgery, Neurology, Neurosurgery, Spine Surgery, Nephrology including Dialysis, Gastroenterology, Gastrointestinal surgery, Cardiothoracic Surgery, Oncosurgery, Orthopedic Surgery including joint replacements and Arthroscopic surgeries, Gynecology & High-Risk Obstetrics, Hepatocellular Billary Surgery, Critical Care Medicine etc.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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