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Alpa Laboratories (NSE:ALPA) Days Payable : 71.51 (As of Jun. 2024)


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What is Alpa Laboratories Days Payable?

Alpa Laboratories's average Accounts Payable for the three months ended in Jun. 2024 was ₹118 Mil. Alpa Laboratories's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹150 Mil. Hence, Alpa Laboratories's Days Payable for the three months ended in Jun. 2024 was 71.51.

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

NSE:ALPA' s Days Payable Range Over the Past 10 Years
Min: 65.64   Med: 93.04   Max: 164.51
Current: 92.6

During the past 13 years, Alpa Laboratories's highest Days Payable was 164.51. The lowest was 65.64. And the median was 93.04.

NSE:ALPA's Days Payable is ranked better than
54.55% of 957 companies
in the Drug Manufacturers industry
Industry Median: 85.49 vs NSE:ALPA: 92.60

Alpa Laboratories's Days Payable declined from Jun. 2023 (89.94) to Jun. 2024 (71.51). It may suggest that Alpa Laboratories accelerated paying its suppliers.

Alpa Laboratories Days Payable Historical Data

The historical data trend for Alpa Laboratories'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.

Alpa Laboratories Days Payable Chart

Alpa Laboratories Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.79 108.31 95.11 88.97 65.64

Alpa Laboratories Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 89.94 101.58 125.20 86.34 71.51

Competitive Comparison of Alpa Laboratories's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Alpa Laboratories'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.

Alpa Laboratories's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Alpa Laboratories's Days Payable falls into.


Alpa Laboratories 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.

Alpa Laboratories'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
=( (150.58 + 117.767) / 2 ) / 746.04*365
=134.1735 / 746.04*365
=65.64

Alpa Laboratories's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (117.767 + 0) / 1 ) / 150.267*365 / 4
=117.767 / 150.267*365 / 4
=71.51

* 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.

Alpa Laboratories Days Payable Related Terms

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

Alpa Laboratories Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Alpa Laboratories Ltd (NSE:ALPA) » Definitions » Days Payable
Comparable Companies
BOM:524518 BOM:531173 BOM:537536 BOM:532637 NSE:VAISHALI BOM:524824 BOM:532384 BOM:530313 NSE:SOTAC BOM:540702 ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XSWX:SDZ HKSE:03692
Traded in Other Exchanges
532878:India
Address
33/2, A.B. Road, Pigdamber, Rau, Indore, MP, IND, 453446
Website
https://www.alpalabs.in
Alpa Laboratories Ltd is an India-based pharmaceutical company. It operates in the drug and chemical business segment. The company manufactures and markets pharmaceuticals and related products. It sells products like liquid injection, dry powder injection, tablets, capsules, and ointments.