Evoq Remedies (BOM:543500) Days Payable : 113.75 (As of Sep. 2023)

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What is Evoq Remedies Days Payable?

Evoq Remedies's average Accounts Payable for the six months ended in Sep. 2023 was ₹14.33 Mil. Evoq Remedies's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹22.99 Mil. Hence, Evoq Remedies's Days Payable for the six months ended in Sep. 2023 was 113.75.

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

BOM:543500' s Days Payable Range Over the Past 10 Years
Min: 6.35 Med: 156.19 Max: 288.3
Current: 153.87

During the past 5 years, Evoq Remedies's highest Days Payable was 288.30. The lowest was 6.35. And the median was 156.19.

BOM:543500's Days Payable is ranked better than
90.43% of 94 companies
in the Medical Distribution industry
Industry Median: 72.695 vs BOM:543500: 153.87

Evoq Remedies's Days Payable increased from Sep. 2022 (39.88) to Sep. 2023 (113.75). It may suggest that Evoq Remedies delayed paying its suppliers.

Evoq Remedies Days Payable Historical Data

The historical data trend for Evoq Remedies'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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Evoq Remedies Days Payable Chart

Evoq Remedies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

239.62

156.19

288.30

105.88

6.35

Evoq Remedies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			306.70	22.65	39.88	104.73	113.75

Competitive Comparison of Evoq Remedies's Days Payable

For the Medical Distribution subindustry, Evoq Remedies'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.

Evoq Remedies's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Evoq Remedies's Days Payable distribution charts can be found below:

* The bar in red indicates where Evoq Remedies's Days Payable falls into.

Evoq Remedies 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.

Evoq Remedies'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
=	( (12.086	+	-5.366)	/	2 )	/	193.28	*	365
=	3.36					/	193.28	*	365
=	6.35

Evoq Remedies's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (-5.366	+	34.025)	/	2 )	/	22.991	*	365 / 2
=	14.3295					/	22.991	*	365 / 2
=	113.75

Evoq Remedies Days Payable Related Terms

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Evoq Remedies (BOM:543500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Evoq Remedies Ltd (BOM:543500) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Science City Road, A-1106, Empire Business Hub, Near AUDA Water Tank, Sola, Ahmedabad, GJ, IND, 380060

Website

http://www.evoqremedies.com

Evoq Remedies Ltd is engaged in the pharmaceutical business involving marketing, trading and distribution of wide range of pharmaceutical formulation products such as anti-biotic drugs, calcium, multivitamins, injections and others. It operates in a single segment that is Pharmaceutical Trading.

Evoq Remedies (BOM:543500) Headlines

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