Fredun Pharmaceuticals (BOM:539730) Days Payable : 61.08 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Fredun Pharmaceuticals Days Payable?

Fredun Pharmaceuticals's average Accounts Payable for the three months ended in Mar. 2024 was ₹629 Mil. Fredun Pharmaceuticals's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹940 Mil. Hence, Fredun Pharmaceuticals's Days Payable for the three months ended in Mar. 2024 was 61.08.

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

BOM:539730' s Days Payable Range Over the Past 10 Years
Min: 81.17 Med: 155.39 Max: 267.12
Current: 89.57

During the past 13 years, Fredun Pharmaceuticals's highest Days Payable was 267.12. The lowest was 81.17. And the median was 155.39.

BOM:539730's Days Payable is ranked better than
50.26% of 973 companies
in the Drug Manufacturers industry
Industry Median: 89.33 vs BOM:539730: 89.57

Fredun Pharmaceuticals's Days Payable declined from Mar. 2023 (93.64) to Mar. 2024 (61.08). It may suggest that Fredun Pharmaceuticals accelerated paying its suppliers.

Fredun Pharmaceuticals Days Payable Historical Data

The historical data trend for Fredun 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.

* Premium members only.

Fredun Pharmaceuticals Days Payable Chart

Fredun Pharmaceuticals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

167.59

181.08

107.54

90.27

81.17

Fredun 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															93.64	113.50	110.49	109.06	61.08

Competitive Comparison of Fredun Pharmaceuticals's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Fredun 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.

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

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

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

Fredun 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.

Fredun 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
=	( (593.427	+	629.469)	/	2 )	/	2749.402	*	365
=	611.448					/	2749.402	*	365
=	81.17

Fredun 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	+	629.469)	/	1 )	/	940.371	*	365 / 4
=	629.469					/	940.371	*	365 / 4
=	61.08

Fredun Pharmaceuticals Days Payable Related Terms

Thank you for viewing the detailed overview of Fredun Pharmaceuticals's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Fredun Pharmaceuticals (BOM:539730) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Fredun Pharmaceuticals Ltd (BOM:539730) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Ganpatrao Kadam Marg, 11th Floor, Urmi Estate, Lower Parel (West), Mumbai, MH, IND, 400013

Website

http://www.fredungroup.com

Fredun Pharmaceuticals Ltd is an India based company engaged in the business of pharmaceuticals and healthcare. The company manufactures pharmaceutical formulations, nutraceuticals, herbal supplements, and dietary supplements. In addition, it also manufactures animal healthcare products through its group companies. It sells its products in India and also exports its formulations as branded generics to international countries.

Fredun Pharmaceuticals (BOM:539730) Headlines

No Headlines