Zaggle Prepaid Ocean Services (BOM:543985) Days Payable : 1.49 (As of Mar. 2024)

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

What is Zaggle Prepaid Ocean Services Days Payable?

Zaggle Prepaid Ocean Services's average Accounts Payable for the three months ended in Mar. 2024 was ₹20 Mil. Zaggle Prepaid Ocean Services's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,202 Mil. Hence, Zaggle Prepaid Ocean Services's Days Payable for the three months ended in Mar. 2024 was 1.49.

The historical rank and industry rank for Zaggle Prepaid Ocean Services's Days Payable or its related term are showing as below:

BOM:543985' s Days Payable Range Over the Past 10 Years
Min: 10.17 Med: 121.38 Max: 645.4
Current: 10.17

During the past 5 years, Zaggle Prepaid Ocean Services's highest Days Payable was 645.40. The lowest was 10.17. And the median was 121.38.

BOM:543985's Days Payable is ranked worse than
91.51% of 2531 companies
in the Software industry
Industry Median: 50.13 vs BOM:543985: 10.17

Zaggle Prepaid Ocean Services's Days Payable declined from Sep. 2022 (7.36) to Mar. 2024 (1.49). It may suggest that Zaggle Prepaid Ocean Services accelerated paying its suppliers.

Zaggle Prepaid Ocean Services Days Payable Historical Data

The historical data trend for Zaggle Prepaid Ocean Services'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.

Zaggle Prepaid Ocean Services Days Payable Chart

Zaggle Prepaid Ocean Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

645.40

205.28

37.48

10.00

4.72

Zaggle Prepaid Ocean Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial				7.36	-	4.63	3.51	1.49

Competitive Comparison of Zaggle Prepaid Ocean Services's Days Payable

For the Software - Infrastructure subindustry, Zaggle Prepaid Ocean Services'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.

Zaggle Prepaid Ocean Services's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Zaggle Prepaid Ocean Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Zaggle Prepaid Ocean Services's Days Payable falls into.

Zaggle Prepaid Ocean Services 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.

Zaggle Prepaid Ocean Services'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
=	( (92.19	+	19.63)	/	2 )	/	4322.26	*	365
=	55.91					/	4322.26	*	365
=	4.72

Zaggle Prepaid Ocean Services'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	+	19.63)	/	1 )	/	1201.59	*	365 / 4
=	19.63					/	1201.59	*	365 / 4
=	1.49

Zaggle Prepaid Ocean Services Days Payable Related Terms

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

Zaggle Prepaid Ocean Services (BOM:543985) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zaggle Prepaid Ocean Services Ltd (BOM:543985) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ZAGGLE:India

Address

Yadav Nagar, Boomerang Building, Ground Floor, B-1004, Chandivali, Powai, Mumbai, MH, IND, 400072

Website

https://www.zaggle.in

Zaggle Prepaid Ocean Services Ltd is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in a segment where it interacts and interfaces with its Customers and end Users and is among a small number of uniquely positioned players with a diversified offering of financial technology (fintech) products and services, having one of the largest number of issued prepaid cards in India in partnership with certain of its banking partners. It has a diversified portfolio of software as a service (SaaS), including tax and payroll software, and a wide touchpoint reach.

Zaggle Prepaid Ocean Services (BOM:543985) Headlines

No Headlines