Aarti Pharmalabs (BOM:543748) Days Payable : 136.38 (As of Mar. 2024)

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What is Aarti Pharmalabs Days Payable?

Aarti Pharmalabs's average Accounts Payable for the three months ended in Mar. 2024 was ₹3,783 Mil. Aarti Pharmalabs's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,531 Mil. Hence, Aarti Pharmalabs's Days Payable for the three months ended in Mar. 2024 was 136.38.

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

BOM:543748' s Days Payable Range Over the Past 10 Years
Min: 44.52 Med: 87.58 Max: 129.64
Current: 125.11

During the past 4 years, Aarti Pharmalabs's highest Days Payable was 129.64. The lowest was 44.52. And the median was 87.58.

BOM:543748's Days Payable is ranked better than
67.39% of 972 companies
in the Drug Manufacturers industry
Industry Median: 89.36 vs BOM:543748: 125.11

Aarti Pharmalabs's Days Payable increased from Mar. 2023 (101.58) to Mar. 2024 (136.38). It may suggest that Aarti Pharmalabs delayed paying its suppliers.

Aarti Pharmalabs Days Payable Historical Data

The historical data trend for Aarti Pharmalabs'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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Aarti Pharmalabs Days Payable Chart

Aarti Pharmalabs Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

44.52

87.58

129.64

Aarti Pharmalabs Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial					101.58	116.79	117.40	121.15	136.38

Competitive Comparison of Aarti Pharmalabs's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Aarti Pharmalabs'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.

Aarti Pharmalabs's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Aarti Pharmalabs's Days Payable falls into.

Aarti Pharmalabs 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.

Aarti Pharmalabs'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
=	( (3467.583	+	3783.2)	/	2 )	/	10207.2	*	365
=	3625.3915					/	10207.2	*	365
=	129.64

Aarti Pharmalabs'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	+	3783.2)	/	1 )	/	2531.2	*	365 / 4
=	3783.2					/	2531.2	*	365 / 4
=	136.38

Aarti Pharmalabs Days Payable Related Terms

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Aarti Pharmalabs (BOM:543748) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aarti Pharmalabs Ltd (BOM:543748) » Definitions » Days Payable

Traded in Other Exchanges

AARTIPHARM:India

Address

204, Udyog Kshetra, Mulund Goregaon Link Road, 2nd floor,, Mulund West, Mumbai, MH, IND, 400080

Website

https://www.aartipharmalabs.com

Aarti Pharmalabs Ltd manufactures pharmaceuticals and nutraceuticals with a footprint. It manufactures Active Pharmaceutical Ingredients (API), pharmaceutical intermediates, New Chemical Entities (NCE), and xanthine derivatives.

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