Tera Software (BOM:533982) Days Payable : 809.85 (As of Dec. 2023)

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What is Tera Software Days Payable?

Tera Software's average Accounts Payable for the three months ended in Dec. 2023 was ₹417.3 Mil. Tera Software's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹47.0 Mil. Hence, Tera Software's Days Payable for the three months ended in Dec. 2023 was 809.85.

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

BOM:533982' s Days Payable Range Over the Past 10 Years
Min: 126.75 Med: 554.85 Max: 2607.22
Current: 1562.3

During the past 13 years, Tera Software's highest Days Payable was 2607.22. The lowest was 126.75. And the median was 554.85.

BOM:533982's Days Payable is ranked better than
97.07% of 2528 companies
in the Software industry
Industry Median: 50.545 vs BOM:533982: 1562.30

Tera Software's Days Payable declined from Sep. 2022 (1,483.37) to Dec. 2023 (809.85). It may suggest that Tera Software accelerated paying its suppliers.

Tera Software Days Payable Historical Data

The historical data trend for Tera Software'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.

Tera Software Days Payable Chart

Tera Software Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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127.32

915.38

2,166.22

2,607.22

1,248.89

Tera Software Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															1,483.37	1,004.50	1,393.84	852.21	809.85

Competitive Comparison of Tera Software's Days Payable

For the Information Technology Services subindustry, Tera Software'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.

Tera Software's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Tera Software's Days Payable falls into.

Tera Software 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.

Tera Software'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
=	( (812.041	+	458.706)	/	2 )	/	185.694	*	365
=	635.3735					/	185.694	*	365
=	1,248.89

Tera Software'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
=	( (417.263	+	0)	/	1 )	/	47.015	*	365 / 4
=	417.263					/	47.015	*	365 / 4
=	809.85

Tera Software Days Payable Related Terms

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Tera Software (BOM:533982) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tera Software Ltd (BOM:533982) » Definitions » Days Payable

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TERASOFT:India

Address

Plot No: 1107, Road No: 55, No. 8-2-293/82/A/1107, Jubilee Hills, Hyderabad, TG, IND, 500033

Website

https://www.terasoftware.com

Tera Software Ltd is engaged in providing IT & Integrated related services. Its segments include Integrated Solutions, Technical Division, Projects Division, Software Development Services to customers globally operating and Others. The firm offers its services in various categories, such as system integration and networking, software development and consultancy, and e-governance. The company serves various industries, including energy and utilities; education; banking and financial services; communications, and consumer goods. The firm's operations are carried out in India.

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