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Tree House Education & Accessories (BOM:533540) Days Payable : 48.35 (As of Mar. 2024)


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What is Tree House Education & Accessories Days Payable?

Tree House Education & Accessories's average Accounts Payable for the three months ended in Mar. 2024 was ₹6.20 Mil. Tree House Education & Accessories's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹11.70 Mil. Hence, Tree House Education & Accessories's Days Payable for the three months ended in Mar. 2024 was 48.35.

The historical rank and industry rank for Tree House Education & Accessories's Days Payable or its related term are showing as below:

BOM:533540' s Days Payable Range Over the Past 10 Years
Min: 44.25   Med: 668.83   Max: 2887.59
Current: 101.95

During the past 13 years, Tree House Education & Accessories's highest Days Payable was 2887.59. The lowest was 44.25. And the median was 668.83.

BOM:533540's Days Payable is ranked better than
79.34% of 213 companies
in the Education industry
Industry Median: 37.29 vs BOM:533540: 101.95

Tree House Education & Accessories's Days Payable declined from Mar. 2023 (103.00) to Mar. 2024 (48.35). It may suggest that Tree House Education & Accessories accelerated paying its suppliers.


Tree House Education & Accessories Days Payable Historical Data

The historical data trend for Tree House Education & Accessories'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.

Tree House Education & Accessories Days Payable Chart

Tree House Education & Accessories 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 1,369.94 1,287.86 668.83 166.90 80.63

Tree House Education & Accessories Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 103.00 107.09 146.15 149.97 48.35

Competitive Comparison of Tree House Education & Accessories's Days Payable

For the Education & Training Services subindustry, Tree House Education & Accessories'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.


Tree House Education & Accessories's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tree House Education & Accessories's Days Payable distribution charts can be found below:

* The bar in red indicates where Tree House Education & Accessories's Days Payable falls into.



Tree House Education & Accessories 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.

Tree House Education & Accessories'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
=( (14.787 + 6.2) / 2 ) / 47.5*365
=10.4935 / 47.5*365
=80.63

Tree House Education & Accessories's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 6.2) / 1 ) / 11.7*365 / 4
=6.2 / 11.7*365 / 4
=48.35

* 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.


Tree House Education & Accessories Days Payable Related Terms

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Tree House Education & Accessories (BOM:533540) Business Description

Traded in Other Exchanges
Address
Dadabhai Road, 101, Sapphire Plaza, Opposite CNMS School, Vile Parle (West), Mumbai, MH, IND, 400056
Tree House Education & Accessories Ltd provides providing education and related services including leasing of education infrastructure services in India. The group offers pre-primary education services and Education support services. It has a curriculum designed in-house using a combination of Playway and Montessori methods. Apart from reading, writing, and arithmetic it also teaches life skills and value education. In addition, the group provides various activities including playing with toys, listening to music, socio-dramatic plays, creative crafts and festival celebrations. It operates playgroup, nursery, junior kindergarten (KG), senior KG, summer camp, teachers training course, hobby class and daycare services.

Tree House Education & Accessories (BOM:533540) Headlines

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