Shree Pacetronix (BOM:527005) Days Payable : 65.55 (As of Dec. 2023)

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What is Shree Pacetronix Days Payable?

Shree Pacetronix's average Accounts Payable for the three months ended in Dec. 2023 was ₹10.9 Mil. Shree Pacetronix's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹15.2 Mil. Hence, Shree Pacetronix's Days Payable for the three months ended in Dec. 2023 was 65.55.

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

BOM:527005' s Days Payable Range Over the Past 10 Years
Min: 18.53 Med: 34.91 Max: 62.17
Current: 33.04

During the past 13 years, Shree Pacetronix's highest Days Payable was 62.17. The lowest was 18.53. And the median was 34.91.

BOM:527005's Days Payable is ranked worse than
82.74% of 788 companies
in the Medical Devices & Instruments industry
Industry Median: 73.105 vs BOM:527005: 33.04

Shree Pacetronix's Days Payable increased from Dec. 2022 (27.29) to Dec. 2023 (65.55). It may suggest that Shree Pacetronix delayed paying its suppliers.

Shree Pacetronix Days Payable Historical Data

The historical data trend for Shree Pacetronix'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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Shree Pacetronix Days Payable Chart

Shree Pacetronix Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

36.43

39.90

50.92

25.34

18.53

Shree Pacetronix 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															27.29	20.83	24.92	50.18	65.55

Competitive Comparison of Shree Pacetronix's Days Payable

For the Medical Instruments & Supplies subindustry, Shree Pacetronix'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.

Shree Pacetronix's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shree Pacetronix's Days Payable distribution charts can be found below:

* The bar in red indicates where Shree Pacetronix's Days Payable falls into.

Shree Pacetronix 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.

Shree Pacetronix'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
=	( (1.513	+	6.137)	/	2 )	/	75.356	*	365
=	3.825					/	75.356	*	365
=	18.53

Shree Pacetronix'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
=	( (10.924	+	0)	/	1 )	/	15.206	*	365 / 4
=	10.924					/	15.206	*	365 / 4
=	65.55

Shree Pacetronix Days Payable Related Terms

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Shree Pacetronix (BOM:527005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shree Pacetronix Ltd (BOM:527005) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot Number 15, Sector II, Industrial Area, District Dhar, Pithampur, MP, IND, 454775

Website

https://www.pacetronix.com

Shree Pacetronix Ltd is engaged in the manufacturing of medical and surgical equipment and orthopedic appliances. It is in the business of manufacturing and selling Implantable Cardiac Pacemakers. Pacemakers are anti-bradycardia implantable devices intended for permanent ventricular or atrial pacing applications. The Company is engaged in only one segment i.e. manufacturing of pacemakers. It sells its life-saving devices in India and internationally, of which the majority of revenue is generated from the sales made in India.

Shree Pacetronix (BOM:527005) Headlines

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