Zoomcar Holdings (Zoomcar Holdings) Days Payable : 448.97 (As of Dec. 2023)

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

What is Zoomcar Holdings Days Payable?

Zoomcar Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $10.30 Mil. Zoomcar Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.09 Mil. Hence, Zoomcar Holdings's Days Payable for the three months ended in Dec. 2023 was 448.97.

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

ZCAR' s Days Payable Range Over the Past 10 Years
Min: 101.53 Med: 113.58 Max: 343.99
Current: 343.99

During the past 3 years, Zoomcar Holdings's highest Days Payable was 343.99. The lowest was 101.53. And the median was 113.58.

ZCAR's Days Payable is ranked better than
94.05% of 924 companies
in the Business Services industry
Industry Median: 47.84 vs ZCAR: 343.99

Zoomcar Holdings's Days Payable increased from Jun. 2022 (76.09) to Dec. 2023 (448.97). It may suggest that Zoomcar Holdings delayed paying its suppliers.

Zoomcar Holdings Days Payable Historical Data

The historical data trend for Zoomcar Holdings'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.

Zoomcar Holdings Days Payable Chart

Zoomcar Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

142.61

101.53

113.58

Zoomcar Holdings Quarterly Data
	Mar21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			76.09	186.82	184.53	165.44	448.97

Competitive Comparison of Zoomcar Holdings's Days Payable

For the Rental & Leasing Services subindustry, Zoomcar Holdings'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.

Zoomcar Holdings's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zoomcar Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Zoomcar Holdings's Days Payable falls into.

Zoomcar Holdings 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.

Zoomcar Holdings'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
=	( (6.319	+	6.548)	/	2 )	/	20.675	*	365
=	6.4335					/	20.675	*	365
=	113.58

Zoomcar Holdings'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (6.546	+	14.05)	/	2 )	/	2.093	*	365 / 4
=	10.298					/	2.093	*	365 / 4
=	448.97

Zoomcar Holdings Days Payable Related Terms

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

Zoomcar Holdings (Zoomcar Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zoomcar Holdings Inc (NAS:ZCAR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EO3:Germany

Address

HAL Old Airport Road, No.147, 1st Floor, ISRO Colony, Anjaneya Techno Park, Kodihalli, Bangalore, KA, IND, 560008

Website

https://www.zoomcar.com

Zoomcar Holdings Inc is India's largest marketplace for cars on rent. Zoomcar is a leading emerging-market-focused peer-to-peer car-sharing marketplace, with approximately 21,000 vehicles registered through its platform. The Company derives its revenue principally from short-term self-drive rentals and vehicle subscriptions. The self-drive rental business generates the majority of revenue. Geographically The company operates in India, Egypt, Indonesia, Vietnam, and the Philippines, Out of which the majority of revenue is derived from India.