Marksans Pharma (NSE:MARKSANS) Days Payable : 67.01 (As of Dec. 2023)

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What is Marksans Pharma Days Payable?

Marksans Pharma's average Accounts Payable for the three months ended in Dec. 2023 was ₹2,003 Mil. Marksans Pharma's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,728 Mil. Hence, Marksans Pharma's Days Payable for the three months ended in Dec. 2023 was 67.01.

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

NSE:MARKSANS' s Days Payable Range Over the Past 10 Years
Min: 64.85 Med: 79.37 Max: 109.44
Current: 67.36

During the past 13 years, Marksans Pharma's highest Days Payable was 109.44. The lowest was 64.85. And the median was 79.37.

NSE:MARKSANS's Days Payable is ranked worse than
61.66% of 978 companies
in the Drug Manufacturers industry
Industry Median: 86.975 vs NSE:MARKSANS: 67.36

Marksans Pharma's Days Payable increased from Dec. 2022 (49.32) to Dec. 2023 (67.01). It may suggest that Marksans Pharma delayed paying its suppliers.

Marksans Pharma Days Payable Historical Data

The historical data trend for Marksans 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.

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Marksans Pharma Days Payable Chart

Marksans Pharma Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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64.85

66.79

82.31

93.88

85.31

Marksans Pharma Quarterly Data
	Mar19	Jun19	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															49.32	86.30	86.68	72.34	67.01

Competitive Comparison of Marksans Pharma's Days Payable

For the Drug Manufacturers - General subindustry, Marksans 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.

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

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

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

Marksans 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.

Marksans Pharma'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
=	( (2000.79	+	2306.01)	/	2 )	/	9213.58	*	365
=	2153.4					/	9213.58	*	365
=	85.31

Marksans Pharma'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
=	( (2003.34	+	0)	/	1 )	/	2728.19	*	365 / 4
=	2003.34					/	2728.19	*	365 / 4
=	67.01

Marksans Pharma Days Payable Related Terms

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Marksans Pharma (NSE:MARKSANS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Marksans Pharma Ltd (NSE:MARKSANS) » Definitions » Days Payable

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524404:India

Address

Veera Desai Extension Road, 11th Floor, Grandeur, Opposite Gundecha Symphony, Oshiwara, Andheri (West), Mumbai, MH, IND, 400053

Website

http://www.marksanspharma.com

Marksans Pharma Ltd is a pharmaceutical company. The company is engaged in the research, manufacturing, and marketing of pharmaceutical formulations. It manufactures analgesics, gastroenterology, anti-diabetic, cardiovascular, pain management, gynecology, gastrointestinal and oncologic drugs as well as antibiotics and antiallergic medications. It has a market presence with the majority of the revenue generated from the United States and North America, followed by Europe and the UK, Australia and New Zealand, India, and the Rest of the World.

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