Medistep Healthcare (NSE:MEDISTEP) Days Payable: 18.25 (As of Sep. 2025) — 82% Below Median


NSE:MEDISTEP Medistep Healthcare Ltd NSE:MEDISTEP
19 GF Score
Price ₹18.50
! 2 Warning Signs
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What is Medistep Healthcare Days Payable?

Medistep Healthcare NSE:MEDISTEP 19 Days Payable is 18.25 as of Sep. 2025, which is 82% below its 10-year median of 100.55. GuruFocus rates NSE:MEDISTEP with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 115 Medical Distribution companies, Medistep Healthcare ranks worse than 96.52% on this metric.

Medistep Healthcare's average Accounts Payable for the six months ended in Sep. 2025 was ₹30.6 Mil. Medistep Healthcare's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹306.4 Mil. Hence, Medistep Healthcare's Days Payable for the six months ended in Sep. 2025 was 18.25.

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

NSE:MEDISTEP' s Days Payable Range Over the Past 10 Years
Min: 16.18   Med: 100.55   Max: 280.19
Current: 20.17

During the past 4 years, Medistep Healthcare's highest Days Payable was 280.19. The lowest was 16.18. And the median was 100.55.

NSE:MEDISTEP's Days Payable is ranked worse than
96.52% of 115 companies
in the Medical Distribution industry
Industry Median: 79.81 vs NSE:MEDISTEP: 20.17

Medistep Healthcare's Days Payable increased from Sep. 2024 (13.73) to Sep. 2025 (18.25). It may suggest that Medistep Healthcare delayed paying its suppliers.


Medistep Healthcare Days Payable Historical Data

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The historical data trend for Medistep Healthcare'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.

Medistep Healthcare Days Payable Chart

Medistep Healthcare Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Days Payable
280.19 126.10 74.99 16.18

Medistep Healthcare Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial 0.00 0.00 13.73 18.03 18.25

NSE:MEDISTEP vs MCK, CAH, COR: Days Payable Comparison

For the Medical Distribution subindustry, Medistep Healthcare'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.


Medistep Healthcare Days Payable vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Medistep Healthcare's Days Payable distribution charts can be found below:

* The bar in red indicates where Medistep Healthcare's Days Payable falls into.


NSE:MEDISTEP
19GF Score
Medistep Healthcare Ltd NSE:MEDISTEP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Medistep Healthcare 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.

Medistep Healthcare's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (14.095 + 24.528) / 2 ) / 435.572*365
=19.3115 / 435.572*365
=16.18

Medistep Healthcare's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (24.528 + 36.768) / 2 ) / 306.41*365 / 2
=30.648 / 306.41*365 / 2
=18.25

* 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 18.25 mean?
Medistep Healthcare (NSE:MEDISTEP) has a Days Payable of 18.25 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Medistep Healthcare and its competitors. This is 82% below median its historical median of 100.55. Over the past decade, Medistep Healthcare's Days Payable has ranged from 16.18 to 280.19. According to the industry distribution chart, Medistep Healthcare ranks #111 out of 115 companies in the Medical Distribution industry, placing it in the top 96.5%.
Is Medistep Healthcare's Days Payable too high?
Medistep Healthcare's current Days Payable of 18.25 is 82% below median its 10-year median of 100.55. Over the past 10 years, this metric has ranged from a low of 16.18 to a high of 280.19. The Medical Distribution industry median Days Payable is 79.81. Medistep Healthcare's value of 18.25 is 77.1% below this industry median. Based on the distribution chart, Medistep Healthcare ranks #111 out of 115 companies in the Medical Distribution industry, which is in the bottom quartile relative to peers. Overall, Medistep Healthcare has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Medistep Healthcare's Days Payable compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, Medistep Healthcare ranks #111 out of 115 companies for Days Payable. This places Medistep Healthcare in the lower half of its industry. The industry median Days Payable is 79.81. Medistep Healthcare's value of 18.25 is 77.1% below this benchmark. Historically, Medistep Healthcare's own Days Payable has ranged from 16.18 to 280.19 over the past decade. While the company's 10-year median is 100.55 vs. the industry median of 79.81, Medistep Healthcare 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 Distribution company?
The median Days Payable among Medical Distribution companies is 79.81, based on 115 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. Medistep Healthcare's current Days Payable of 18.25 is 77.1% 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 Medistep Healthcare and its competitors. For the Medical Distribution industry, the median Days Payable is 79.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medistep Healthcare's current Days Payable is 18.25, which is 82% below median its own 10-year median of 100.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medistep Healthcare stock overvalued right now?
Medistep Healthcare (NSE:MEDISTEP) has a current Days Payable of 18.25. The current Days Payable is 18.25, which is 82% below median its 10-year median of 100.55 and 77.1% below the Medical Distribution industry median of 79.81. Medistep Healthcare's overall GF Score™ is 19/100 with 2 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 Medistep Healthcare (NSE:MEDISTEP), the current Days Payable is 18.25 as of Sep. 2025. 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.

Medistep Healthcare Business Description

Address National Highway 8, 05, S. No-245/B, Plot-19, T.P.S. 56, Free Way Trade Center, Near A-One Hotel, Narol Gam, Narol, Daskroi, Ahmadabad, GJ, IND, 382405
Medistep Healthcare Ltd operates in the pharmaceutical and healthcare product sectors. Its business includes manufacturing intimate care and hygiene products such as sanitary pads, as well as nutraceutical products like energy powders. The company also trades a variety of pharmaceutical, surgical, and medical equipment products. Medistep Healthcare's operations focus mainly on the western region of India, particularly in Gujarat. Its Core business activity is divided into the following categories: a) Trading of Pharmaceutical & Surgical products, b) Trading & Manufacturing of Nutraceuticals and Intimate care & hygiene products. The company generates the majority of its revenue from Trading and distribution.
19GF Score

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