Kovai Medical Center & Hospital (BOM:523323) Days Payable : 21.94 (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Kovai Medical Center & Hospital Days Payable?

Kovai Medical Center & Hospital's average Accounts Payable for the three months ended in Dec. 2023 was ₹308 Mil. Kovai Medical Center & Hospital's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,283 Mil. Hence, Kovai Medical Center & Hospital's Days Payable for the three months ended in Dec. 2023 was 21.94.

The historical rank and industry rank for Kovai Medical Center & Hospital's Days Payable or its related term are showing as below:

BOM:523323' s Days Payable Range Over the Past 10 Years
Min: 15.78 Med: 33.12 Max: 40.98
Current: 32.6

During the past 13 years, Kovai Medical Center & Hospital's highest Days Payable was 40.98. The lowest was 15.78. And the median was 33.12.

BOM:523323's Days Payable is ranked worse than
73.34% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.09 vs BOM:523323: 32.60

Kovai Medical Center & Hospital's Days Payable declined from Dec. 2022 (24.89) to Dec. 2023 (21.94). It may suggest that Kovai Medical Center & Hospital accelerated paying its suppliers.

Kovai Medical Center & Hospital Days Payable Historical Data

The historical data trend for Kovai Medical Center & Hospital'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.

Kovai Medical Center & Hospital Days Payable Chart

Kovai Medical Center & Hospital Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

39.95

40.98

36.26

21.13

26.81

Kovai Medical Center & Hospital 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															24.89	-	21.33	22.65	21.94

Competitive Comparison of Kovai Medical Center & Hospital's Days Payable

For the Medical Care Facilities subindustry, Kovai Medical Center & Hospital'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.

Kovai Medical Center & Hospital's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kovai Medical Center & Hospital's Days Payable distribution charts can be found below:

* The bar in red indicates where Kovai Medical Center & Hospital's Days Payable falls into.

Kovai Medical Center & Hospital 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.

Kovai Medical Center & Hospital'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
=	( (142.165	+	273.34)	/	2 )	/	2828.431	*	365
=	207.7525					/	2828.431	*	365
=	26.81

Kovai Medical Center & Hospital'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
=	( (308.494	+	0)	/	1 )	/	1282.961	*	365 / 4
=	308.494					/	1282.961	*	365 / 4
=	21.94

Kovai Medical Center & Hospital Days Payable Related Terms

Thank you for viewing the detailed overview of Kovai Medical Center & Hospital's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kovai Medical Center & Hospital (BOM:523323) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kovai Medical Center & Hospital Ltd (BOM:523323) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99, Avanashi Road, Post Box No. 3209, Coimbatore, TN, IND, 641 014

Website

https://www.kmchhospitals.com

Kovai Medical Center & Hospital Ltd provides hospital services to inpatients and outpatients. The company's operating segments include Healthcare Services and Education Services. It generates maximum revenue from the Healthcare segment. The company operates various medical facilities, which provide services related to critical care medicine, dermatology, emergency, Endocrinology and Diabetology, fertility and reproductive medicine, gastroenterology, neonatology, nephrology, neurology, obstetrics and gynecology, pediatric surgery, pulmonology, psychological medicine, and rheumatology, as well as health check programs and pediatrics.

Kovai Medical Center & Hospital (BOM:523323) Headlines

No Headlines