Nidan Laboratories and Healthcare (NSE:NIDAN) Days Payable: 573.02 (As of Mar. 2025)

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NSE:NIDAN Nidan Laboratories and Healthcare Ltd NSE:NIDAN
67 GF Score
Price ₹12.95
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What is Nidan Laboratories and Healthcare Days Payable?

Nidan Laboratories and Healthcare NSE:NIDAN -0.77% 67 Days Payable is 573.02 as of Mar. 2025. GuruFocus rates NSE:NIDAN with a GF Score™ of 67/100.

Nidan Laboratories and Healthcare's average Accounts Payable for the six months ended in Mar. 2025 was ₹9.6 Mil. Nidan Laboratories and Healthcare's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹3.0 Mil. Hence, Nidan Laboratories and Healthcare's Days Payable for the six months ended in Mar. 2025 was 573.02.

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

NSE:NIDAN's Days Payable is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 64.64
* Ranked among companies with meaningful Days Payable only.

Nidan Laboratories and Healthcare's Days Payable increased from Mar. 2024 (352.44) to Mar. 2025 (573.02). It may suggest that Nidan Laboratories and Healthcare delayed paying its suppliers.


Nidan Laboratories and Healthcare Days Payable Related Terms


Nidan Laboratories and Healthcare Days Payable Historical Data

* Premium members only.

The historical data trend for Nidan Laboratories and 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.

Nidan Laboratories and Healthcare Days Payable Chart

Nidan Laboratories and Healthcare Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial 91.40 144.01 227.04 168.52 397.84

Nidan Laboratories and Healthcare Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 94.86 59.19 352.44 324.36 573.02

NSE:NIDAN vs TMO, DHR, IDXX: Days Payable Comparison

For the Diagnostics & Research subindustry, Nidan Laboratories and 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.


Nidan Laboratories and Healthcare Days Payable vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Nidan Laboratories and Healthcare's Days Payable distribution charts can be found below:

* The bar in red indicates where Nidan Laboratories and Healthcare's Days Payable falls into.


NSE:NIDAN
67GF Score
Nidan Laboratories and Healthcare Ltd NSE:NIDAN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nidan Laboratories and 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.

Nidan Laboratories and 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
=( (7.296 + 9.627) / 2 ) / 7.763*365
=8.4615 / 7.763*365
=397.84

Nidan Laboratories and Healthcare's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (9.482 + 9.627) / 2 ) / 3.043*365 / 2
=9.5545 / 3.043*365 / 2
=573.02

* 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 573.02 mean?
Nidan Laboratories and Healthcare (NSE:NIDAN) has a Days Payable of 573.02 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nidan Laboratories and Healthcare and its competitors.
Is Nidan Laboratories and Healthcare's Days Payable too high?
Nidan Laboratories and Healthcare's current Days Payable is 573.02. The Medical Diagnostics & Research industry median Days Payable is 64.64. Nidan Laboratories and Healthcare's value of 573.02 is 786.5% above this industry median. Overall, Nidan Laboratories and Healthcare has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Nidan Laboratories and Healthcare's Days Payable compare to TMO and DHR?
Nidan Laboratories and Healthcare's Days Payable of 573.02 can be compared against companies in the Medical Diagnostics & Research industry. The industry median Days Payable is 64.64. Nidan Laboratories and Healthcare's value of 573.02 is 786.5% 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 Medical Diagnostics & Research company?
The median Days Payable among Medical Diagnostics & Research companies is 64.64, based on 190 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. Nidan Laboratories and Healthcare's current Days Payable of 573.02 is 786.5% 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 Nidan Laboratories and Healthcare and its competitors. For the Medical Diagnostics & Research industry, the median Days Payable is 64.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nidan Laboratories and Healthcare's current Days Payable is 573.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidan Laboratories and Healthcare stock overvalued right now?
Nidan Laboratories and Healthcare (NSE:NIDAN) has a current Days Payable of 573.02. The current Days Payable is 573.02 and 786.5% above the Medical Diagnostics & Research industry median of 64.64. Nidan Laboratories and Healthcare's overall GF Score™ is 67/100. 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 Nidan Laboratories and Healthcare (NSE:NIDAN), the current Days Payable is 573.02 as of Mar. 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.

Nidan Laboratories and Healthcare Business Description

Address Vartak Road, SY No. 294/A H. No. 18, Swapnshilpa Bunglow, Behind Aarti Apartment, Virar West, Palghar, Virar, MH, IND, 401303
Nidan Laboratories and Healthcare Ltd offer diagnostic services including radiology, neurology, cardiology, dental as well as pathology services. The company provides pathology tests ranging from basic biochemistry and clinical pathology to cytogenetic and high-end molecular diagnostic tests, and radiology tests ranging from basic echocardiograms, X-Rays, and ultrasounds to radiology tests including computerized tomography scans, magnetic resonance imaging scans.
67GF Score

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