Lyka Labs (BOM:500259) Days Payable : 92.24 (As of Mar. 2024)

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What is Lyka Labs Days Payable?

Lyka Labs's average Accounts Payable for the three months ended in Mar. 2024 was ₹121 Mil. Lyka Labs's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹120 Mil. Hence, Lyka Labs's Days Payable for the three months ended in Mar. 2024 was 92.24.

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

BOM:500259' s Days Payable Range Over the Past 10 Years
Min: 87.52 Med: 270.93 Max: 502.11
Current: 91.38

During the past 13 years, Lyka Labs's highest Days Payable was 502.11. The lowest was 87.52. And the median was 270.93.

BOM:500259's Days Payable is ranked worse than
60.75% of 721 companies
in the Biotechnology industry
Industry Median: 148.28 vs BOM:500259: 91.38

Lyka Labs's Days Payable declined from Mar. 2023 (108.09) to Mar. 2024 (92.24). It may suggest that Lyka Labs accelerated paying its suppliers.

Lyka Labs Days Payable Historical Data

The historical data trend for Lyka Labs'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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Lyka Labs Days Payable Chart

Lyka Labs Annual Data

Trend

Jun14

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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304.73

235.12

123.30

113.41

87.52

Lyka Labs 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															108.09	90.25	95.06	95.15	92.24

Competitive Comparison of Lyka Labs's Days Payable

For the Biotechnology subindustry, Lyka Labs'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.

Lyka Labs's Days Payable Distribution in the Biotechnology Industry

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

* The bar in red indicates where Lyka Labs's Days Payable falls into.

Lyka Labs 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.

Lyka Labs'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
=	( (94.056	+	121.028)	/	2 )	/	448.517	*	365
=	107.542					/	448.517	*	365
=	87.52

Lyka Labs'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	+	121.028)	/	1 )	/	119.724	*	365 / 4
=	121.028					/	119.724	*	365 / 4
=	92.24

Lyka Labs Days Payable Related Terms

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Lyka Labs (BOM:500259) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Lyka Labs Ltd (BOM:500259) » Definitions » Days Payable

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LYKALABS:India

Address

30, Forjett Street, Near Bhatia Hospital, Ground floor, Spencer Building (Block B & C), Grant Road (West), Mumbai, MH, IND, 400036

Website

http://www.lykalabs.com

Lyka Labs Ltd is an Indian biotechnology company. It mainly engages in the development of specialized formulations. The Company is engaged in only one segment viz. pharmaceuticals. The Company has presence in Domestic as well as International markets. The commercialized formulations of the company consist of hair care, anti-aging, acne management, skin lightening, face washes, sunscreens, facial scrubs, and others. It has developed a varied drug delivery system for topical steroids, painkillers, anti-fungal, and other emollients as well as liquid injectables, lyophilized injectables in the anti-bacterial, antifungal segment. The company also manufactures proton pump inhibitors, antibiotics, antifungals, steroids, etc. The majority of the company's revenue comes from India.

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