GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Saroja Pharma Industries India Ltd (NSE:SAROJA) » Definitions » Days Payable

Saroja Pharma Industries India (NSE:SAROJA) Days Payable : 58.74 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Saroja Pharma Industries India Days Payable?

Saroja Pharma Industries India's average Accounts Payable for the six months ended in Mar. 2024 was ₹57.4 Mil. Saroja Pharma Industries India's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹356.4 Mil. Hence, Saroja Pharma Industries India's Days Payable for the six months ended in Mar. 2024 was 29.37.

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

NSE:SAROJA' s Days Payable Range Over the Past 10 Years
Min: 34.29   Med: 45.22   Max: 58.74
Current: 58.74

During the past 4 years, Saroja Pharma Industries India's highest Days Payable was 58.74. The lowest was 34.29. And the median was 45.22.

NSE:SAROJA's Days Payable is ranked worse than
66.67% of 936 companies
in the Drug Manufacturers industry
Industry Median: 87.555 vs NSE:SAROJA: 58.74

Saroja Pharma Industries India's Days Payable increased from Mar. 2022 (34.29) to Mar. 2024 (58.74). It may suggest that Saroja Pharma Industries India delayed paying its suppliers.

Saroja Pharma Industries India Days Payable Historical Data

The historical data trend for Saroja Pharma Industries India'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.

Saroja Pharma Industries India Days Payable Chart

Saroja Pharma Industries India Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Payable
45.43 34.29 45.00 58.74

Saroja Pharma Industries India Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Days Payable 45.43 34.29 45.00 58.74

Competitive Comparison of Saroja Pharma Industries India's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Saroja Pharma Industries India'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.

Saroja Pharma Industries India's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Saroja Pharma Industries India's Days Payable falls into.


;
;

Saroja Pharma Industries India 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.

Saroja Pharma Industries India'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
=( (58.63 + 56.089) / 2 ) / 356.409*365
=57.3595 / 356.409*365
=58.74

Saroja Pharma Industries India's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (58.63 + 56.089) / 2 ) / 356.409*365 / 2
=57.3595 / 356.409*365 / 2
=29.37

* 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.

Saroja Pharma Industries India Days Payable Related Terms

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

Saroja Pharma Industries India Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Saroja Pharma Industries India Ltd (NSE:SAROJA) » Definitions » Days Payable
Comparable Companies
BOM:531210 BOM:531015 BOM:540359 BOM:531521 BOM:524752 BOM:524768 BOM:524606 BOM:531762 BOM:523620 BOM:539287 ZTS XTER:MRK NSE:SUNPHARMA TSE:4502 LSE:HLN XSWX:GALD NSE:DIVISLAB HKSE:03692 XSWX:SDZ XTAE:TEVA
Traded in Other Exchanges
N/A
Address
Jata Shankar Dosa Marg, Shop No. 209, 2ND Floor, Ecstacy, City of Joy, Mulund west, Mumbai, MH, IND, 400080
Website
https://www.sarojapharma.com
Saroja Pharma Industries India Ltd is a company engaged in pharmaceutical and healthcare sector. The Company trades in Pharma Active Pharmaceutical Ingredients, Pharma Intermediates, Chemicals, Solvents used for pharmaceutical products human and veterinary medicines. The Company has only one reportable Business Segment which is Pharma Chemicals like Thionyl Chloride and Pharmaceuticals intermeddles etc.

Saroja Pharma Industries India Headlines

No Headlines