Max Healthcare Institute (BOM:543220) Days Payable : 205.88 (As of Dec. 2023)

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What is Max Healthcare Institute Days Payable?

Max Healthcare Institute's average Accounts Payable for the three months ended in Dec. 2023 was ₹6,030 Mil. Max Healthcare Institute's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,673 Mil. Hence, Max Healthcare Institute's Days Payable for the three months ended in Dec. 2023 was 205.88.

The historical rank and industry rank for Max Healthcare Institute's Days Payable or its related term are showing as below:

BOM:543220' s Days Payable Range Over the Past 10 Years
Min: 170.39 Med: 191.66 Max: 395.74
Current: 186.03

During the past 9 years, Max Healthcare Institute's highest Days Payable was 395.74. The lowest was 170.39. And the median was 191.66.

BOM:543220's Days Payable is ranked better than
82.4% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.52 vs BOM:543220: 186.03

Max Healthcare Institute's Days Payable increased from Dec. 2022 (193.76) to Dec. 2023 (205.88). It may suggest that Max Healthcare Institute delayed paying its suppliers.

Max Healthcare Institute Days Payable Historical Data

The historical data trend for Max Healthcare Institute'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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Max Healthcare Institute Days Payable Chart

Max Healthcare Institute Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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277.92

395.74

188.92

173.98

195.48

Max Healthcare Institute Quarterly Data
	Mar18	Mar19	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															193.76	201.53	179.77	196.67	205.88

Competitive Comparison of Max Healthcare Institute's Days Payable

For the Medical Care Facilities subindustry, Max Healthcare Institute'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.

Max Healthcare Institute's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Max Healthcare Institute's Days Payable distribution charts can be found below:

* The bar in red indicates where Max Healthcare Institute's Days Payable falls into.

Max Healthcare Institute 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.

Max Healthcare Institute'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
=	( (4441.1	+	5434.6)	/	2 )	/	9220.1	*	365
=	4937.85					/	9220.1	*	365
=	195.48

Max Healthcare Institute'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
=	( (6030.3	+	0)	/	1 )	/	2672.8	*	365 / 4
=	6030.3					/	2672.8	*	365 / 4
=	205.88

Max Healthcare Institute Days Payable Related Terms

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Max Healthcare Institute (BOM:543220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Max Healthcare Institute Ltd (BOM:543220) » Definitions » Days Payable

Comparable Companies

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MAXHEALTH:India

Address

Capital Cyberscape, Sector-59, 2nd Floor, Gurugram, HR, IND, 122011

Website

https://www.maxhealthcare.in

Max Healthcare Institute Ltd is a health care service provider. The company's facilities include third party healthcare providers with whom the company has entered long term service contracts for providing clinical, radiology, and pathology services. Its hospitals provide the full range of services through its Outpatient, Day Care, Emergency Room, and In-Patient departments to accommodate medical specialties as orthopedics, internal medicine, general surgery, cardiac sciences, oncology, neurosciences, and obstetrics, as well as diagnostics. The group primarily derives revenue from India.

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