Suven Pharmaceuticals (BOM:543064) Days Payable : 31.44 (As of Mar. 2024)

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What is Suven Pharmaceuticals Days Payable?

Suven Pharmaceuticals's average Accounts Payable for the three months ended in Mar. 2024 was ₹424 Mil. Suven Pharmaceuticals's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,229 Mil. Hence, Suven Pharmaceuticals's Days Payable for the three months ended in Mar. 2024 was 31.44.

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

BOM:543064' s Days Payable Range Over the Past 10 Years
Min: 40.72 Med: 64.48 Max: 129.34
Current: 40.72

During the past 6 years, Suven Pharmaceuticals's highest Days Payable was 129.34. The lowest was 40.72. And the median was 64.48.

BOM:543064's Days Payable is ranked worse than
82.1% of 972 companies
in the Drug Manufacturers industry
Industry Median: 89.29 vs BOM:543064: 40.72

Suven Pharmaceuticals's Days Payable declined from Mar. 2023 (37.71) to Mar. 2024 (31.44). It may suggest that Suven Pharmaceuticals accelerated paying its suppliers.

Suven Pharmaceuticals Days Payable Historical Data

The historical data trend for Suven Pharmaceuticals'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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Suven Pharmaceuticals Days Payable Chart

Suven Pharmaceuticals Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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70.07

66.88

62.08

53.26

43.75

Suven Pharmaceuticals 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															37.71	44.53	44.74	36.97	31.44

Competitive Comparison of Suven Pharmaceuticals's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Suven Pharmaceuticals'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.

Suven Pharmaceuticals's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Suven Pharmaceuticals's Days Payable falls into.

Suven Pharmaceuticals 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.

Suven Pharmaceuticals'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
=	( (651.643	+	423.574)	/	2 )	/	4485.105	*	365
=	537.6085					/	4485.105	*	365
=	43.75

Suven Pharmaceuticals'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	+	423.574)	/	1 )	/	1229.398	*	365 / 4
=	423.574					/	1229.398	*	365 / 4
=	31.44

Suven Pharmaceuticals Days Payable Related Terms

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Suven Pharmaceuticals (BOM:543064) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Suven Pharmaceuticals Ltd (BOM:543064) » Definitions » Days Payable

Traded in Other Exchanges

SUVENPHAR:India

Address

3rd Floor, Road No. 5, Avenue 7, Banjara Hills, No. 8-2-334, SDE Serene Chambers, Hyderabad, TG, IND, 500034

Website

https://www.suvenpharm.com

Suven Pharmaceuticals Ltd is engaged in the development and manufacturing of Intermediates, Active Pharmaceutical Ingredients (API), specialty chemicals and formulated drugs under Contract Research and Manufacturing Services (CRAMS) for global pharmaceutical, biotechnology and chemical companies. The company has single operating segment that is Pharmaceuticals Manufacturing & Services and its geographical segments include India; the USA; Europe and the Rest of the World. The company derives a majority of revenue from the Europe segment.

Suven Pharmaceuticals (BOM:543064) Headlines

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