GURUFOCUS.COM » STOCK LIST » Technology » Software » Cranes Software International Ltd (BOM:512093) » Definitions » Days Payable

Cranes Software International (BOM:512093) Days Payable : 503.99 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Cranes Software International Days Payable?

Cranes Software International's average Accounts Payable for the three months ended in Dec. 2023 was ₹103.35 Mil. Cranes Software International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹18.71 Mil. Hence, Cranes Software International's Days Payable for the three months ended in Dec. 2023 was 503.99.

The historical rank and industry rank for Cranes Software International's Days Payable or its related term are showing as below:

BOM:512093' s Days Payable Range Over the Past 10 Years
Min: 22.21   Med: 156.91   Max: 637.16
Current: 637.16

During the past 13 years, Cranes Software International's highest Days Payable was 637.16. The lowest was 22.21. And the median was 156.91.

BOM:512093's Days Payable is ranked better than
93.88% of 2532 companies
in the Software industry
Industry Median: 50.275 vs BOM:512093: 637.16

Cranes Software International's Days Payable increased from Dec. 2022 (427.01) to Dec. 2023 (503.99). It may suggest that Cranes Software International delayed paying its suppliers.


Cranes Software International Days Payable Historical Data

The historical data trend for Cranes Software International'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.

Cranes Software International Days Payable Chart

Cranes Software International 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 225.17 280.03 419.03 502.00 560.70

Cranes Software International 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 427.01 1,759.36 500.01 554.26 503.99

Competitive Comparison of Cranes Software International's Days Payable

For the Software - Application subindustry, Cranes Software International'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.


Cranes Software International's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Cranes Software International's Days Payable distribution charts can be found below:

* The bar in red indicates where Cranes Software International's Days Payable falls into.



Cranes Software International 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.

Cranes Software International'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
=( (101.167 + 91.082) / 2 ) / 62.574*365
=96.1245 / 62.574*365
=560.70

Cranes Software International'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
=( (103.345 + 0) / 1 ) / 18.711*365 / 4
=103.345 / 18.711*365 / 4
=503.99

* 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.


Cranes Software International Days Payable Related Terms

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


Cranes Software International (BOM:512093) Business Description

Traded in Other Exchanges
N/A
Address
St. Marks Road, 3rd and 4th Floor, No. 82, Presidency Building, Bangalore, KA, IND, 560 001
Cranes Software International Ltd provides Enterprise Statistical Analytics and Engineering Simulation Software Products and Solutions. It offers products such as SYSTAT, SigmaPlot, SigmaStat, SigmaScan, TableCurve 2D, TableCurve 3D, PeakFit, NISA, iCapella, InventX, and others. The company has a presence in the USA, UK, Germany, Singapore, Poland, Norway, Spain, Italy, South Africa, Russia, and other countries.

Cranes Software International (BOM:512093) Headlines

No Headlines