ASYA Infosoft (BOM:511144) Days Payable : 490.12 (As of Dec. 2021)

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What is ASYA Infosoft Days Payable?

ASYA Infosoft's average Accounts Payable for the three months ended in Dec. 2021 was ₹540.4 Mil. ASYA Infosoft's Cost of Goods Sold for the three months ended in Dec. 2021 was ₹100.6 Mil. Hence, ASYA Infosoft's Days Payable for the three months ended in Dec. 2021 was 490.12.

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

BOM:511144's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.54
* Ranked among companies with meaningful Days Payable only.

ASYA Infosoft's Days Payable increased from Dec. 2020 (71.40) to Dec. 2021 (490.12). It may suggest that ASYA Infosoft delayed paying its suppliers.

ASYA Infosoft Days Payable Historical Data

The historical data trend for ASYA Infosoft'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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ASYA Infosoft Days Payable Chart

ASYA Infosoft Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Days Payable

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21.13

43.17

69.23

148.47

288.32

ASYA Infosoft Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Mar17	Jun17	Mar18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Days Payable	Get a 7-Day Free Trial															71.40	706.88	310.45	141.89	490.12

Competitive Comparison of ASYA Infosoft's Days Payable

For the Information Technology Services subindustry, ASYA Infosoft'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.

ASYA Infosoft's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where ASYA Infosoft's Days Payable falls into.

ASYA Infosoft 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.

ASYA Infosoft's Days Payable for the fiscal year that ended in Mar. 2021 is calculated as

	Days Payable (A: Mar. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2020 )	+	Accounts Payable (A: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2021 )	*	Days in Period
=	( (269.928	+	336.582)	/	2 )	/	383.903	*	365
=	303.255					/	383.903	*	365
=	288.32

ASYA Infosoft's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

	Days Payable (Q: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2021 )	+	Accounts Payable (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (540.384	+	0)	/	1 )	/	100.608	*	365 / 4
=	540.384					/	100.608	*	365 / 4
=	490.12

ASYA Infosoft Days Payable Related Terms

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ASYA Infosoft (BOM:511144) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ASYA Infosoft Ltd (BOM:511144) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stadium Five Roads, H. N. House, 4th Floor, Nidhi Complex, Above Stadium Underbridge, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

http://www.sayait.com

ASYA Infosoft Ltd is principally engaged in training and IT enables services. It offers strategy and technology implementation services to companies wanting to optimize or re-engineer their existing business. The firm uses N-tier architecture, web designing, and web development for image building of the company with multimedia animation. The group also offers network solutions and resource management services. The firm offers its services in Software Development, Business process outsourcing, Web Designing/Development, E-business solutions, Multimedia/Animation, Networking Solutions, and Resource Management.

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