Sify Technologies (Sify Technologies) Days Payable

: 252.81 (As of Dec. 2023)

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Sify Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $179.4 Mil. Sify Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $64.7 Mil. Hence, Sify Technologies's Days Payable for the three months ended in Dec. 2023 was 252.81.

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

SIFY' s Days Payable Range Over the Past 10 Years
Min: 54.74 Med: 78.34 Max: 278.57
Current: 278.57

During the past 13 years, Sify Technologies's highest Days Payable was 278.57. The lowest was 54.74. And the median was 78.34.

SIFY's Days Payable is ranked better than
85.63% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.36 vs SIFY: 278.57

Sify Technologies's Days Payable increased from Sep. 2022 (245.97) to Dec. 2023 (252.81). It may suggest that Sify Technologies delayed paying its suppliers.

Sify Technologies Days Payable Historical Data

The historical data trend for Sify 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.

* Premium members only.

Sify Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

80.95

89.92

91.96

99.50

124.58

Sify Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable																245.97	218.65	147.37	200.57	252.81

Competitive Comparison

For the Telecom Services subindustry, Sify 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.

Sify Technologies Days Payable Distribution

For the Telecommunication Services industry and Communication Services sector, Sify Technologies's Days Payable distribution charts can be found below:

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

Sify 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.

Sify 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
=	( (65.226	+	112.171)	/	2 )	/	259.88	*	365
=	88.6985					/	259.88	*	365
=	124.58

Sify 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
=	( (179.369	+	0)	/	1 )	/	64.742	*	365 / 4
=	179.369					/	64.742	*	365 / 4
=	252.81

Sify Technologies Days Payable Related Terms

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Sify Technologies (Sify Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sify Technologies Ltd (NAS:SIFY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IWY1:Germany

Address

4, Rajiv Gandhi Salai, Tidel Park, 2nd Floor, Taramani, Chennai, TN, IND, 600113

Website

https://www.sifytechnologies.com

Sify Technologies Ltd is a provider of corporate network services in India. The firm is also the fifth Internet access provider in the country. Sify controls the network of franchised cybercafes in India and owns several popular Internet portals, one of which--Sify.com--is among India's top 10 sites in terms of traffic. The firm's revenue is derived from segment services to enterprise customers, comprising Network services, Data Center services, Cloud and Managed Services, Technology Integration Services, and Applications Integration services. The Group has two geographic segments India and the rest of the world.