Magnus Retail (BOM:517320) Days Payable : 0.00 (As of Dec. 2023)

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What is Magnus Retail Days Payable?

Magnus Retail's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.00 Mil. Magnus Retail's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.08 Mil. Hence, Magnus Retail's Days Payable for the three months ended in Dec. 2023 was 0.00.

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

BOM:517320's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.01
* Ranked among companies with meaningful Days Payable only.

Magnus Retail's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00). stayed the same

Magnus Retail Days Payable Historical Data

The historical data trend for Magnus Retail'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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Magnus Retail Days Payable Chart

Magnus Retail Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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Magnus Retail 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															-	-	-	-	-

Competitive Comparison of Magnus Retail's Days Payable

For the Information Technology Services subindustry, Magnus Retail'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.

Magnus Retail's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Magnus Retail's Days Payable falls into.

Magnus Retail 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.

Magnus Retail'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
=	( (0	+	0)	/	1 )	/	0.144	*	365
=	0					/	0.144	*	365
=	0.00

Magnus Retail'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
=	( (0	+	0)	/	1 )	/	0.084	*	365 / 4
=	0					/	0.084	*	365 / 4
=	0.00

Magnus Retail Days Payable Related Terms

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Magnus Retail (BOM:517320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magnus Retail Ltd (BOM:517320) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Third Avenue, Indira Nagar, No. 16, First Floor, Corporation Shopping Complex, Adyar, Chennai, TN, IND, 600 020

Website

http://www.savant-infocomm.co.in

Magnus Retail Ltd Formerly Savant Infocomm Ltd is engaged in providing service activities in Information Technology related fields, with a special focus on computer hardware, software, business process outsourcing, training in information technology-related fields, and academic training.

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