Quest Laboratories (NSE:QUESTLAB) Days Payable: 19.22 (As of Mar. 2026) — 83% Below Median


NSE:QUESTLAB Quest Laboratories Ltd NSE:QUESTLAB
44 GF Score
Price ₹98.05
! 8 Warning Signs
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What is Quest Laboratories Days Payable?

Quest Laboratories NSE:QUESTLAB -1.56% 44 Days Payable is 19.22 as of Mar. 2026, which is 83% below its 10-year median of 110.34. GuruFocus rates NSE:QUESTLAB with a GF Score™ of 44/100. The stock has 8 warning signs investors should review. Among 923 Drug Manufacturers companies, Quest Laboratories ranks worse than 58.61% on this metric.

Quest Laboratories's average Accounts Payable for the three months ended in Mar. 2026 was ₹56.7 Mil. Quest Laboratories's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹269.2 Mil. Hence, Quest Laboratories's Days Payable for the three months ended in Mar. 2026 was 19.22.

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

NSE:QUESTLAB' s Days Payable Range Over the Past 10 Years
Min: 23.65   Med: 110.34   Max: 177.77
Current: 76.87

During the past 6 years, Quest Laboratories's highest Days Payable was 177.77. The lowest was 23.65. And the median was 110.34.

NSE:QUESTLAB's Days Payable is ranked worse than
58.61% of 923 companies
in the Drug Manufacturers industry
Industry Median: 90.98 vs NSE:QUESTLAB: 76.87

Quest Laboratories's Days Payable increased from Sep. 2023 (0.00) to Mar. 2026 (19.22). It may suggest that Quest Laboratories delayed paying its suppliers.


Quest Laboratories Days Payable Historical Data

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The historical data trend for Quest Laboratories'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.

Quest Laboratories Days Payable Chart

Quest Laboratories Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 102.19 177.77 154.62 59.69 23.65

Quest Laboratories Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Mar25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 189.39 145.74 27.06 19.22

NSE:QUESTLAB vs LLY, JNJ, ABBV: Days Payable Comparison

For the Drug Manufacturers - General subindustry, Quest Laboratories'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.


Quest Laboratories Days Payable vs Drug Manufacturers Industry

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

* The bar in red indicates where Quest Laboratories's Days Payable falls into.


NSE:QUESTLAB
44GF Score
Quest Laboratories Ltd NSE:QUESTLAB
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Quest Laboratories 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.

Quest Laboratories'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
=( (57.287 + 56.089) / 2 ) / 874.836*365
=56.688 / 874.836*365
=23.65

Quest Laboratories'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
=( (57.287 + 56.089) / 2 ) / 269.163*365 / 4
=56.688 / 269.163*365 / 4
=19.22

* 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 19.22 mean?
Quest Laboratories (NSE:QUESTLAB) has a Days Payable of 19.22 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 Quest Laboratories and its competitors. This is 83% below median its historical median of 110.34. Over the past decade, Quest Laboratories' Days Payable has ranged from 23.65 to 177.77. According to the industry distribution chart, Quest Laboratories ranks #541 out of 923 companies in the Drug Manufacturers industry, placing it in the top 58.6%.
Is Quest Laboratories' Days Payable too high?
Quest Laboratories' current Days Payable of 19.22 is 83% below median its 10-year median of 110.34. Over the past 10 years, this metric has ranged from a low of 23.65 to a high of 177.77. The Drug Manufacturers industry median Days Payable is 90.98. Quest Laboratories' value of 19.22 is 78.9% below this industry median. Based on the distribution chart, Quest Laboratories ranks #541 out of 923 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Quest Laboratories has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Quest Laboratories' Days Payable compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Quest Laboratories ranks #541 out of 923 companies for Days Payable. This places Quest Laboratories in the lower half of its industry. The industry median Days Payable is 90.98. Quest Laboratories' value of 19.22 is 78.9% below this benchmark. Historically, Quest Laboratories' own Days Payable has ranged from 23.65 to 177.77 over the past decade. While the company's 10-year median is 110.34 vs. the industry median of 90.98, Quest Laboratories 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.98, based on 923 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. Quest Laboratories's current Days Payable of 19.22 is 78.9% 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 Quest Laboratories and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quest Laboratories's current Days Payable is 19.22, which is 83% below median its own 10-year median of 110.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quest Laboratories stock overvalued right now?
Quest Laboratories (NSE:QUESTLAB) has a current Days Payable of 19.22. The current Days Payable is 19.22, which is 83% below median its 10-year median of 110.34 and 78.9% below the Drug Manufacturers industry median of 90.98. Quest Laboratories' overall GF Score™ is 44/100 with 8 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 Quest Laboratories (NSE:QUESTLAB), the current Days Payable is 19.22 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.

Quest Laboratories Business Description

Address Sector III, Plot No. 45, Pithampur Industrial Area, Opposite Kissan Pipe Unit 4, District Dhar, Pithampur, Dhar, MP, IND, 454775
Quest Laboratories Ltd is engaged in the business of manufacturing pharmaceutical formulations across a broad spectrum, including antibiotics, antimalarials, antispasmodics, anti-inflammatories, antiemetics, respiratory medications, diabetes treatments, antidepressants, and more. It produces various products, comprising ethical drugs, generic drugs, and over-the-counter drugs, and is also available in various forms such as tablets, liquid orals, oral dry powders, oral powders (ORS), ointments, and external liquids, among others. The company operates in a single segment of Drugs and Chemicals.
44GF Score

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