Manipal Health Enterprises (NSE:MANIPALHOS) Days Payable: 137.33 (As of Mar. 2026) — Near Median

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NSE:MANIPALHOS Manipal Health Enterprises Ltd NSE:MANIPALHOS
13 GF Score
Price ₹771.65
! 1 Warning Sign
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What is Manipal Health Enterprises Days Payable?

Manipal Health Enterprises NSE:MANIPALHOS -3.30% 13 Days Payable is 137.33 as of Mar. 2026, which is at its 10-year median of 137.33. GuruFocus rates NSE:MANIPALHOS with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 613 Healthcare Providers & Services companies, Manipal Health Enterprises ranks better than 79.12% on this metric.

Manipal Health Enterprises's average Accounts Payable for the six months ended in Mar. 2026 was ₹14,441 Mil. Manipal Health Enterprises's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹38,383 Mil. Hence, Manipal Health Enterprises's Days Payable for the six months ended in Mar. 2026 was 68.66.

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

NSE:MANIPALHOS' s Days Payable Range Over the Past 10 Years
Min: 120.54   Med: 137.33   Max: 141.07
Current: 137.33

During the past 3 years, Manipal Health Enterprises's highest Days Payable was 141.07. The lowest was 120.54. And the median was 137.33.

NSE:MANIPALHOS's Days Payable is ranked better than
79.12% of 613 companies
in the Healthcare Providers & Services industry
Industry Median: 57.48 vs NSE:MANIPALHOS: 137.33

Manipal Health Enterprises's Days Payable increased from Mar. 2024 (120.54) to Mar. 2026 (137.33). It may suggest that Manipal Health Enterprises delayed paying its suppliers.


Manipal Health Enterprises Days Payable Historical Data

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The historical data trend for Manipal Health Enterprises'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.

Manipal Health Enterprises Days Payable Chart

Manipal Health Enterprises Annual Data
Trend Mar24 Mar25 Mar26
Days Payable
120.54 141.07 137.33

Manipal Health Enterprises Semi-Annual Data
Mar24 Mar25 Mar26
Days Payable 120.54 141.07 137.33

NSE:MANIPALHOS vs : Days Payable Comparison

For the Medical Care Facilities subindustry, Manipal Health Enterprises'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.


Manipal Health Enterprises Days Payable vs Healthcare Providers & Services Industry

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

* The bar in red indicates where Manipal Health Enterprises's Days Payable falls into.


NSE:MANIPALHOS
13GF Score
Manipal Health Enterprises Ltd NSE:MANIPALHOS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Manipal Health Enterprises 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.

Manipal Health Enterprises'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
=( (13984.52 + 14898.07) / 2 ) / 38382.89*365
=14441.295 / 38382.89*365
=137.33

Manipal Health Enterprises'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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (13984.52 + 14898.07) / 2 ) / 38382.89*365 / 2
=14441.295 / 38382.89*365 / 2
=68.66

* 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 137.33 mean?
Manipal Health Enterprises (NSE:MANIPALHOS) has a Days Payable of 137.33 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 Manipal Health Enterprises and its competitors. This is near median its historical median of 137.33. Over the past decade, Manipal Health Enterprises' Days Payable has ranged from 120.54 to 141.07. According to the industry distribution chart, Manipal Health Enterprises ranks #128 out of 613 companies in the Healthcare Providers & Services industry, placing it in the top 20.9%.
Is Manipal Health Enterprises' Days Payable too high?
Manipal Health Enterprises' current Days Payable of 137.33 is near median its 10-year median of 137.33. Over the past 10 years, this metric has ranged from a low of 120.54 to a high of 141.07. The Healthcare Providers & Services industry median Days Payable is 57.48. Manipal Health Enterprises' value of 137.33 is 138.9% above this industry median. Based on the distribution chart, Manipal Health Enterprises ranks #128 out of 613 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Manipal Health Enterprises has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Manipal Health Enterprises' Days Payable compare to ?
According to the Healthcare Providers & Services industry distribution chart, Manipal Health Enterprises ranks #128 out of 613 companies for Days Payable. This places Manipal Health Enterprises in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.48. Manipal Health Enterprises' value of 137.33 is 138.9% above this benchmark. Historically, Manipal Health Enterprises' own Days Payable has ranged from 120.54 to 141.07 over the past decade. While the company's 10-year median is 137.33 vs. the industry median of 57.48, Manipal Health Enterprises has consistently been above 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 57.48, based on 613 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. Manipal Health Enterprises's current Days Payable of 137.33 is 138.9% 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 Manipal Health Enterprises and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manipal Health Enterprises's current Days Payable is 137.33, which is near median its own 10-year median of 137.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manipal Health Enterprises stock overvalued right now?
Manipal Health Enterprises (NSE:MANIPALHOS) has a current Days Payable of 137.33. The current Days Payable is 137.33, which is near median its 10-year median of 137.33 and 138.9% above the Healthcare Providers & Services industry median of 57.48. Manipal Health Enterprises' overall GF Score™ is 13/100 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 Manipal Health Enterprises (NSE:MANIPALHOS), the current Days Payable is 137.33 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.

Manipal Health Enterprises Business Description

Comparable Companies
Other Exchanges 544847:India
Address HAL Airport Road, Rustom Bagh road, The Annexe, no. 98/2, Bengaluru, KA, IND, 560 017
Manipal Health Enterprises Ltd is engaged in the business of running/managing hospitals and providing healthcare services. The company operates through various Hospitals/clinics providing Healthcare services and diagnostic centres in India. It offers clinical services across several specialties, with a focus on tertiary and quaternary care, particularly in cardiac sciences, oncology, neurosciences, gastro sciences, orthopedics, and renal sciences. It has a single business segment, namely engaged in the business of healthcare services. The company generates revenue by providing inpatient care at its hospitals.
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