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Narayana Hrudayalaya (NSE:NH) Days Payable : 128.26 (As of Dec. 2023)


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What is Narayana Hrudayalaya Days Payable?

Narayana Hrudayalaya's average Accounts Payable for the three months ended in Dec. 2023 was ₹6,503 Mil. Narayana Hrudayalaya's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹4,627 Mil. Hence, Narayana Hrudayalaya's Days Payable for the three months ended in Dec. 2023 was 128.26.

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

NSE:NH' s Days Payable Range Over the Past 10 Years
Min: 55.6   Med: 68.23   Max: 92.86
Current: 92.86

During the past 13 years, Narayana Hrudayalaya's highest Days Payable was 92.86. The lowest was 55.60. And the median was 68.23.

NSE:NH's Days Payable is ranked better than
65.14% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.91 vs NSE:NH: 92.86

Narayana Hrudayalaya's Days Payable declined from Dec. 2022 (130.75) to Dec. 2023 (128.26). It may suggest that Narayana Hrudayalaya accelerated paying its suppliers.


Narayana Hrudayalaya Days Payable Historical Data

The historical data trend for Narayana Hrudayalaya'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.

Narayana Hrudayalaya Days Payable Chart

Narayana Hrudayalaya Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.33 71.36 90.10 77.58 83.21

Narayana Hrudayalaya 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 130.75 54.94 116.52 117.16 128.26

Competitive Comparison of Narayana Hrudayalaya's Days Payable

For the Medical Care Facilities subindustry, Narayana Hrudayalaya'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.


Narayana Hrudayalaya's Days Payable Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Narayana Hrudayalaya's Days Payable falls into.



Narayana Hrudayalaya 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.

Narayana Hrudayalaya'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
=( (4490.3 + 6150.35) / 2 ) / 23337.88*365
=5320.325 / 23337.88*365
=83.21

Narayana Hrudayalaya'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
=( (6503.45 + 0) / 1 ) / 4626.9*365 / 4
=6503.45 / 4626.9*365 / 4
=128.26

* 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.


Narayana Hrudayalaya Days Payable Related Terms

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Narayana Hrudayalaya (NSE:NH) Business Description

Traded in Other Exchanges
Address
Hosur Road, Anekal Taluk, 261/A, 2nd Floor, Bommasandra Industrial Area, Bengaluru, KA, IND, 560099
Narayana Hrudayalaya Ltd is an India-based medical and healthcare service provider. It operates a chain of multispecialty, tertiary healthcare facilities. The hospital offers medical services in the field of dermatology, haematology, neurology, orthopaedics, paediatrics, cancer care, cardiology, pulmonology, and others. It also provides surgery services such as Cardiac Surgery, Neurosurgery, Thoracic Surgery, Renal Transplant and others. Imaging and radiology services, Physiotherapy sessions, and blood banks service are some of the diagnostics and support provided by the hospital. It has business operations in India and the Rest of the world, of which maximum revenue is generated from the business operations in India.

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