Piramal Pharma (NSE:PPLPHARMA) Days Payable : 197.42 (As of Dec. 2023)

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What is Piramal Pharma Days Payable?

Piramal Pharma's average Accounts Payable for the three months ended in Dec. 2023 was ₹14,607 Mil. Piramal Pharma's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹6,752 Mil. Hence, Piramal Pharma's Days Payable for the three months ended in Dec. 2023 was 197.42.

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

NSE:PPLPHARMA' s Days Payable Range Over the Past 10 Years
Min: 103 Med: 126.08 Max: 166.79
Current: 138.36

During the past 3 years, Piramal Pharma's highest Days Payable was 166.79. The lowest was 103.00. And the median was 126.08.

NSE:PPLPHARMA's Days Payable is ranked better than
73.11% of 978 companies
in the Drug Manufacturers industry
Industry Median: 86.975 vs NSE:PPLPHARMA: 138.36

Piramal Pharma's Days Payable increased from Dec. 2022 (158.42) to Dec. 2023 (197.42). It may suggest that Piramal Pharma delayed paying its suppliers.

Piramal Pharma Days Payable Historical Data

The historical data trend for Piramal Pharma'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.

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Piramal Pharma Days Payable Chart

Piramal Pharma Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

166.79

103.00

126.08

Piramal Pharma Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial						158.42	80.72	173.65	209.01	197.42

Competitive Comparison of Piramal Pharma's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Piramal Pharma'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.

Piramal Pharma's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Piramal Pharma's Days Payable falls into.

Piramal Pharma 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.

Piramal Pharma'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
=	( (10263.5	+	11927.1)	/	2 )	/	32119.6	*	365
=	11095.3					/	32119.6	*	365
=	126.08

Piramal Pharma's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (14607.1	+	0)	/	1 )	/	6751.5	*	365 / 4
=	14607.1					/	6751.5	*	365 / 4
=	197.42

Piramal Pharma Days Payable Related Terms

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Piramal Pharma (NSE:PPLPHARMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Piramal Pharma Ltd (NSE:PPLPHARMA) » Definitions » Days Payable

Traded in Other Exchanges

543635:India

Address

Piramal Ananta, Agastya Corporate Park, Opposite Fire Brigade, Kamani Junction, LBS Marg, Kurla (West), Mumbai, MH, IND, 400070

Website

https://www.piramal.com

Piramal Pharma Ltd offers a portfolio of differentiated products and services through end-to-end manufacturing capabilities across 15 global facilities and a global distribution network in over 100 countries. It includes integrated contract development and manufacturing organization business, complex hospital generics business, and India consumer healthcare business, selling over-the-counter products in India.

Piramal Pharma (NSE:PPLPHARMA) Headlines

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