Intrasoft Technologies (NSE:ISFT) Days Payable : 20.37 (As of Dec. 2023)

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What is Intrasoft Technologies Days Payable?

Intrasoft Technologies's average Accounts Payable for the three months ended in Dec. 2023 was ₹212 Mil. Intrasoft Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹949 Mil. Hence, Intrasoft Technologies's Days Payable for the three months ended in Dec. 2023 was 20.37.

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

NSE:ISFT' s Days Payable Range Over the Past 10 Years
Min: 6.89 Med: 14.86 Max: 29.79
Current: 19.37

During the past 13 years, Intrasoft Technologies's highest Days Payable was 29.79. The lowest was 6.89. And the median was 14.86.

NSE:ISFT's Days Payable is ranked worse than
85.83% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs NSE:ISFT: 19.37

Intrasoft Technologies's Days Payable increased from Dec. 2022 (20.14) to Dec. 2023 (20.37). It may suggest that Intrasoft Technologies delayed paying its suppliers.

Intrasoft Technologies Days Payable Historical Data

The historical data trend for Intrasoft Technologies'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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Intrasoft Technologies Days Payable Chart

Intrasoft Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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15.00

15.52

14.72

29.79

25.22

Intrasoft Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															20.14	17.25	16.89	21.04	20.37

Competitive Comparison of Intrasoft Technologies's Days Payable

For the Internet Retail subindustry, Intrasoft Technologies'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.

Intrasoft Technologies's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Intrasoft Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Intrasoft Technologies's Days Payable falls into.

Intrasoft Technologies 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.

Intrasoft Technologies'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
=	( (307.693	+	168.621)	/	2 )	/	3446.167	*	365
=	238.157					/	3446.167	*	365
=	25.22

Intrasoft Technologies'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
=	( (211.787	+	0)	/	1 )	/	948.894	*	365 / 4
=	211.787					/	948.894	*	365 / 4
=	20.37

Intrasoft Technologies Days Payable Related Terms

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Intrasoft Technologies (NSE:ISFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Intrasoft Technologies Ltd (NSE:ISFT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

533181:India

Address

145, Rash Behari Avenue, Suite 301, Kolkata, WB, IND, 700029

Website

https://www.itlindia.com

Intrasoft Technologies Ltd is engaged in the retail sale of products and services through the internet. It sells its products through its e-commerce retail platform. Its product profile includes furniture, patio, lawn and garden, musical instruments and gadgets, and art crafts, sports and outdoor, toys, games, kitchen and dining appliances. The majority of the revenue is generated from outside India. It generates revenue from a single business segment of Internet Based Delivery of Services.

Intrasoft Technologies (NSE:ISFT) Headlines

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