Sun Pharma Advanced Research Co (NSE:SPARC) Days Payable : 434.10 (As of Mar. 2024)

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What is Sun Pharma Advanced Research Co Days Payable?

Sun Pharma Advanced Research Co's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,422.9 Mil. Sun Pharma Advanced Research Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹299.1 Mil. Hence, Sun Pharma Advanced Research Co's Days Payable for the three months ended in Mar. 2024 was 434.10.

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

NSE:SPARC' s Days Payable Range Over the Past 10 Years
Min: 85.5 Med: 227.23 Max: 430.79
Current: 430.79

During the past 13 years, Sun Pharma Advanced Research Co's highest Days Payable was 430.79. The lowest was 85.50. And the median was 227.23.

NSE:SPARC's Days Payable is ranked better than
92.38% of 971 companies
in the Drug Manufacturers industry
Industry Median: 88.69 vs NSE:SPARC: 430.79

Sun Pharma Advanced Research Co's Days Payable increased from Mar. 2023 (211.15) to Mar. 2024 (434.10). It may suggest that Sun Pharma Advanced Research Co delayed paying its suppliers.

Sun Pharma Advanced Research Co Days Payable Historical Data

The historical data trend for Sun Pharma Advanced Research Co'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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Sun Pharma Advanced Research Co Days Payable Chart

Sun Pharma Advanced Research Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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228.79

225.66

235.30

234.47

409.52

Sun Pharma Advanced Research Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															211.15	320.95	620.82	467.98	434.10

Competitive Comparison of Sun Pharma Advanced Research Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Sun Pharma Advanced Research Co'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.

Sun Pharma Advanced Research Co's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Sun Pharma Advanced Research Co's Days Payable falls into.

Sun Pharma Advanced Research Co 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.

Sun Pharma Advanced Research Co'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
=	( (1482.533	+	1422.9)	/	2 )	/	1294.8	*	365
=	1452.7165					/	1294.8	*	365
=	409.52

Sun Pharma Advanced Research Co'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	1422.9)	/	1 )	/	299.1	*	365 / 4
=	1422.9					/	299.1	*	365 / 4
=	434.10

Sun Pharma Advanced Research Co Days Payable Related Terms

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Sun Pharma Advanced Research Co (NSE:SPARC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sun Pharma Advanced Research Co Ltd (NSE:SPARC) » Definitions » Days Payable

Traded in Other Exchanges

532872:India

Address

Off Mahakali Caves Road, 17-B, Mahal Industrial Estate, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.sparc.life

Sun Pharma Advanced Research Co Ltd is an Indian specialty and generic drug manufacturing company. The company has identified pharmaceuticals research and development as its only reportable segment. The company is focused on drug discovery in focused therapy areas such as cancer and anti-inflammatory treatments. The company considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.

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