Ajanta Pharma (BOM:532331) Days Payable : 159.87 (As of Mar. 2024)

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What is Ajanta Pharma Days Payable?

Ajanta Pharma's average Accounts Payable for the three months ended in Mar. 2024 was ₹4,632 Mil. Ajanta Pharma's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,644 Mil. Hence, Ajanta Pharma's Days Payable for the three months ended in Mar. 2024 was 159.87.

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

BOM:532331' s Days Payable Range Over the Past 10 Years
Min: 103.26 Med: 147.94 Max: 204.61
Current: 142.26

During the past 13 years, Ajanta Pharma's highest Days Payable was 204.61. The lowest was 103.26. And the median was 147.94.

BOM:532331's Days Payable is ranked better than
73.64% of 975 companies
in the Drug Manufacturers industry
Industry Median: 87.75 vs BOM:532331: 142.26

Ajanta Pharma's Days Payable declined from Mar. 2023 (160.14) to Mar. 2024 (159.87). It may suggest that Ajanta Pharma accelerated paying its suppliers.

Ajanta Pharma Days Payable Historical Data

The historical data trend for Ajanta Pharma'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.

Ajanta Pharma Days Payable Chart

Ajanta Pharma Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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155.34

196.89

144.28

130.30

151.60

Ajanta Pharma 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															160.14	153.15	128.65	112.01	159.87

Competitive Comparison of Ajanta Pharma's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Ajanta Pharma'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.

Ajanta Pharma's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Ajanta Pharma's Days Payable falls into.

Ajanta Pharma 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.

Ajanta Pharma'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
=	( (4227.7	+	4632)	/	2 )	/	10665.7	*	365
=	4429.85					/	10665.7	*	365
=	151.60

Ajanta Pharma'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	+	4632)	/	1 )	/	2643.8	*	365 / 4
=	4632					/	2643.8	*	365 / 4
=	159.87

Ajanta Pharma Days Payable Related Terms

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Ajanta Pharma (BOM:532331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ajanta Pharma Ltd (BOM:532331) » Definitions » Days Payable

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AJANTPHARM:India

Address

Ajanta House, 98 Government Industrial Area, Charkop, Kandivli (West), Mumbai, MH, IND, 400 067

Website

https://www.ajantapharma.com

Ajanta Pharma Ltd is a drug manufacturing company with a focus on specialty pharmaceutical products. The company maintains a global presence while generating the vast majority of its revenue in Africa and India. Ajanta's strategy aims to successfully select molecules and products for development while enhancing its research and development capabilities. The company works to develop formulations in different dosages such as tablets, cream, capsules, liquid, and lotion. The company's manufacturing plants are located in India.

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