AccelerateBS India (BOM:543938) Days Payable : 29.03 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is AccelerateBS India Days Payable?

AccelerateBS India's average Accounts Payable for the six months ended in Sep. 2023 was ₹2.90 Mil. AccelerateBS India's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹18.25 Mil. Hence, AccelerateBS India's Days Payable for the six months ended in Sep. 2023 was 29.03.

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

BOM:543938' s Days Payable Range Over the Past 10 Years
Min: 33.59 Med: 37.05 Max: 45.53
Current: 44.99

During the past 3 years, AccelerateBS India's highest Days Payable was 45.53. The lowest was 33.59. And the median was 37.05.

BOM:543938's Days Payable is ranked worse than
53.38% of 2531 companies
in the Software industry
Industry Median: 50.16 vs BOM:543938: 44.99

AccelerateBS India's Days Payable increased from Mar. 2021 (0.00) to Sep. 2023 (29.03). It may suggest that AccelerateBS India delayed paying its suppliers.

AccelerateBS India Days Payable Historical Data

The historical data trend for AccelerateBS India'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.

AccelerateBS India Days Payable Chart

AccelerateBS India Annual Data

Trend

Mar20

Mar21

Mar22

Days Payable

37.05

33.59

45.53

AccelerateBS India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
Days Payable	-	-	-	29.03

Competitive Comparison of AccelerateBS India's Days Payable

For the Software - Infrastructure subindustry, AccelerateBS India'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.

AccelerateBS India's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where AccelerateBS India's Days Payable falls into.

AccelerateBS India 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.

AccelerateBS India's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

	Days Payable (A: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2021 )	+	Accounts Payable (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (1.596	+	2.902)	/	2 )	/	18.029	*	365
=	2.249					/	18.029	*	365
=	45.53

AccelerateBS India's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2.902	+	0)	/	1 )	/	18.245	*	365 / 2
=	2.902					/	18.245	*	365 / 2
=	29.03

AccelerateBS India Days Payable Related Terms

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

AccelerateBS India (BOM:543938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AccelerateBS India Ltd (BOM:543938) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off S.V. Road, Office 604, Quantum Tower, Ram Baug, Malad West, Mumbai, MH, IND, 400 064

Website

https://www.acceleratebs.com

AccelerateBS India Ltd is a Digital Technology Services company offering a multitude of boutique technology services to both B2B and B2C companies around the world. Its services include Digital Technology Services, DXP (Digital Experience Platforms) Consulting and Implementation Services, Digital projects, custom software development and consulting services, and delivering powerful and scalable software systems.

AccelerateBS India (BOM:543938) Headlines

No Headlines