Ortin Global (NSE:ORTINGLOBE) Days Payable : 72.38 (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Ortin Global Days Payable?

Ortin Global's average Accounts Payable for the three months ended in Sep. 2024 was ₹0.54 Mil. Ortin Global's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹0.68 Mil. Hence, Ortin Global's Days Payable for the three months ended in Sep. 2024 was 72.38.

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

NSE:ORTINGLOBE' s Days Payable Range Over the Past 10 Years
Min: 17.75 Med: 101.48 Max: 2833.92
Current: 17.75

During the past 13 years, Ortin Global's highest Days Payable was 2833.92. The lowest was 17.75. And the median was 101.48.

NSE:ORTINGLOBE's Days Payable is ranked worse than
96.41% of 946 companies
in the Drug Manufacturers industry
Industry Median: 84.93 vs NSE:ORTINGLOBE: 17.75

Ortin Global's Days Payable increased from Sep. 2023 (64.87) to Sep. 2024 (72.38). It may suggest that Ortin Global delayed paying its suppliers.

Ortin Global Days Payable Historical Data

The historical data trend for Ortin Global'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.

* Premium members only.

Ortin Global Days Payable Chart

Ortin Global Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

122.28

2,833.92

83.40

125.69

79.84

Ortin Global Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															64.87	10.23	44.35	67.19	72.38

Competitive Comparison of Ortin Global's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Ortin Global'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.

Ortin Global's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ortin Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Ortin Global's Days Payable falls into.

Ortin Global 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.

Ortin Global's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (15.472	+	0.782)	/	2 )	/	37.152	*	365
=	8.127					/	37.152	*	365
=	79.84

Ortin Global's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	0.537)	/	1 )	/	0.677	*	365 / 4
=	0.537					/	0.677	*	365 / 4
=	72.38

Ortin Global Days Payable Related Terms

Thank you for viewing the detailed overview of Ortin Global's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ortin Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ortin Global Ltd (NSE:ORTINGLOBE) » Definitions » Days Payable

Traded in Other Exchanges

539287:India

Address

Road No.12, Mayfair Gardens, 8-2-682/3/A & 3B, Flat No. 201, 2nd Floor, Banjara Hills, Khairatabad, Hyderabad, TG, IND, 500034

Website

https://www.ortinlabsindia.com

Ortin Global Ltd is an Indian company engaged in the manufacturing and trading of Pharmaceuticals, Drugs, and Intermediates. Its formulations include anti-diabetics, anti-allergics, anti-anginal and cardiovascular, sedatives and tranquilisers, anti-helmenthetics, analgesics and antipyretics, antibiotics, antifungal, cephalosporins, and others. Some of its API intermediates include Ciprofloxacin, Tramadol, Efavarenz, Lamivudine, Zudavudine, Nevirapine, Lopinavir, Fluconazole, Triclabendazole, Omeprazole, and others. The company has two operating segments, including Manufacture and Trading. The company generates the majority of its revenue from the Trading division, which involves trading of Pharmaceuticals and medical Formulations.

Ortin Global Headlines

No Headlines