Dreamfolks Services (NSE:DREAMFOLKS) Days Payable : 66.11 (As of Dec. 2023)

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What is Dreamfolks Services Days Payable?

Dreamfolks Services's average Accounts Payable for the three months ended in Dec. 2023 was ₹1,993 Mil. Dreamfolks Services's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,751 Mil. Hence, Dreamfolks Services's Days Payable for the three months ended in Dec. 2023 was 66.11.

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

NSE:DREAMFOLKS' s Days Payable Range Over the Past 10 Years
Min: 57.59 Med: 68.5 Max: 155.49
Current: 57.59

During the past 4 years, Dreamfolks Services's highest Days Payable was 155.49. The lowest was 57.59. And the median was 68.50.

NSE:DREAMFOLKS's Days Payable is ranked better than
67.42% of 933 companies
in the Transportation industry
Industry Median: 39.08 vs NSE:DREAMFOLKS: 57.59

Dreamfolks Services's Days Payable increased from Dec. 2022 (64.81) to Dec. 2023 (66.11). It may suggest that Dreamfolks Services delayed paying its suppliers.

Dreamfolks Services Days Payable Historical Data

The historical data trend for Dreamfolks 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.

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Dreamfolks Services Days Payable Chart

Dreamfolks Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

64.18

155.49

72.82

57.66

Dreamfolks Services Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							64.81	63.02	51.64	71.15	66.11

Competitive Comparison of Dreamfolks Services's Days Payable

For the Airports & Air Services subindustry, Dreamfolks 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.

Dreamfolks Services's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dreamfolks Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Dreamfolks Services's Days Payable falls into.

Dreamfolks 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.

Dreamfolks Services'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
=	( (713.07	+	1393.22)	/	2 )	/	6666.84	*	365
=	1053.145					/	6666.84	*	365
=	57.66

Dreamfolks Services'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
=	( (1992.88	+	0)	/	1 )	/	2750.87	*	365 / 4
=	1992.88					/	2750.87	*	365 / 4
=	66.11

Dreamfolks Services Days Payable Related Terms

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Dreamfolks Services (NSE:DREAMFOLKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Dreamfolks Services Ltd (NSE:DREAMFOLKS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

543591:India

Address

501, Tower 2, Fifth Floor, Worldmark, Sector-65, Gurugram, HR, IND, 122 018

Website

https://www.dreamfolks.in

Dreamfolks Services Ltd is an airport service aggregator platform, an incubator of the industry with its, asset light, capital efficient business model. DreamFolks' provides services to all the Card Networks operating in India including Visa, Mastercard, Diners/Discover and RuPay; and many of India's prominent Card Issuers. It provides with access to a host of services: from door-step to the airport, within the airport, and again from the airport to the door-step at the destination, including Lounges, Food and Beverage, Spa, Meet and Assist, Airport Transfer, Transit Hotels/Nap Room access, and Baggage Transfer.

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