Take Solutions (NSE:TAKE) Days Payable : 288.19 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Take Solutions Days Payable?

Take Solutions's average Accounts Payable for the three months ended in Dec. 2023 was ₹189.5 Mil. Take Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹60.0 Mil. Hence, Take Solutions's Days Payable for the three months ended in Dec. 2023 was 288.19.

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

NSE:TAKE' s Days Payable Range Over the Past 10 Years
Min: 20.2 Med: 44.2 Max: 223.29
Current: 223.29

During the past 13 years, Take Solutions's highest Days Payable was 223.29. The lowest was 20.20. And the median was 44.20.

NSE:TAKE's Days Payable is ranked better than
59.81% of 724 companies
in the Biotechnology industry
Industry Median: 148.12 vs NSE:TAKE: 223.29

Take Solutions's Days Payable increased from Dec. 2022 (142.59) to Dec. 2023 (288.19). It may suggest that Take Solutions delayed paying its suppliers.

Take Solutions Days Payable Historical Data

The historical data trend for Take Solutions'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.

Take Solutions Days Payable Chart

Take Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

20.20

20.74

99.44

66.56

115.21

Take Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															142.59	106.12	262.92	288.04	288.19

Competitive Comparison of Take Solutions's Days Payable

For the Biotechnology subindustry, Take Solutions'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.

Take Solutions's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Take Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Take Solutions's Days Payable falls into.

Take Solutions 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.

Take Solutions'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
=	( (287.86	+	236.18)	/	2 )	/	830.11	*	365
=	262.02					/	830.11	*	365
=	115.21

Take Solutions'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
=	( (189.46	+	0)	/	1 )	/	59.99	*	365 / 4
=	189.46					/	59.99	*	365 / 4
=	288.19

Take Solutions Days Payable Related Terms

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

Take Solutions (NSE:TAKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Take Solutions Ltd (NSE:TAKE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

532890:India

Address

No. 27, Tank Bund Road, Nungambakkam, Chennai, TN, IND, 600 034

Website

https://www.takesolutions.com

Take Solutions Ltd is a technology-driven Clinical Research Organization in India. The company's operating segment includes Life Sciences and generates revenue from the Life Sciences segment. The company serves large and small biopharmaceutical companies as well as generics manufacturers.

Take Solutions (NSE:TAKE) Headlines

No Headlines