Infibeam Avenues (NSE:INFIBEAM) Days Payable : 74.56 (As of Mar. 2024)

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What is Infibeam Avenues Days Payable?

Infibeam Avenues's average Accounts Payable for the three months ended in Mar. 2024 was ₹257 Mil. Infibeam Avenues's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹315 Mil. Hence, Infibeam Avenues's Days Payable for the three months ended in Mar. 2024 was 74.56.

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

NSE:INFIBEAM' s Days Payable Range Over the Past 10 Years
Min: 11.86 Med: 45.95 Max: 165.75
Current: 98.24

During the past 13 years, Infibeam Avenues's highest Days Payable was 165.75. The lowest was 11.86. And the median was 45.95.

NSE:INFIBEAM's Days Payable is ranked better than
68.63% of 2531 companies
in the Software industry
Industry Median: 50.16 vs NSE:INFIBEAM: 98.24

Infibeam Avenues's Days Payable increased from Mar. 2023 (45.94) to Mar. 2024 (74.56). It may suggest that Infibeam Avenues delayed paying its suppliers.

Infibeam Avenues Days Payable Historical Data

The historical data trend for Infibeam Avenues'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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Infibeam Avenues Days Payable Chart

Infibeam Avenues Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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165.75

163.91

135.47

91.24

57.94

Infibeam Avenues 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															45.94	44.48	173.53	173.21	74.56

Competitive Comparison of Infibeam Avenues's Days Payable

For the Software - Infrastructure subindustry, Infibeam Avenues'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.

Infibeam Avenues's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Infibeam Avenues's Days Payable falls into.

Infibeam Avenues 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.

Infibeam Avenues'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
=	( (147.5	+	257.4)	/	2 )	/	1275.4	*	365
=	202.45					/	1275.4	*	365
=	57.94

Infibeam Avenues'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	+	257.4)	/	1 )	/	315	*	365 / 4
=	257.4					/	315	*	365 / 4
=	74.56

Infibeam Avenues Days Payable Related Terms

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Infibeam Avenues (NSE:INFIBEAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infibeam Avenues Ltd (NSE:INFIBEAM) » Definitions » Days Payable

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Traded in Other Exchanges

539807:India

Address

Road-5C, Zone-5, Gift City, 28th Floor, GIFT Two Building, Block No. 56, Taluka and District - Gandhinagar, Gandhinagar, GJ, IND, 382355

Website

https://www.ia.ooo

Infibeam Avenues Ltd is engaged in the business of software development services, maintenance, web development, payment gateway services, e-commerce, and other ancillary services. The company's geographical segment includes India, UAE, and other countries. It derives a majority of revenue from India. The company online selling solutions include BuildaBazaar and Infibeam.com.

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