MakeMyTrip (MakeMyTrip) Days Payable : 183.00 (As of Dec. 2023)

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What is MakeMyTrip Days Payable?

MakeMyTrip's average Accounts Payable for the three months ended in Dec. 2023 was $125.1 Mil. MakeMyTrip's Cost of Goods Sold for the three months ended in Dec. 2023 was $62.4 Mil. Hence, MakeMyTrip's Days Payable for the three months ended in Dec. 2023 was 183.00.

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

MMYT' s Days Payable Range Over the Past 10 Years
Min: 73.66 Med: 104.32 Max: 366.75
Current: 175.32

During the past 13 years, MakeMyTrip's highest Days Payable was 366.75. The lowest was 73.66. And the median was 104.32.

MMYT's Days Payable is ranked better than
79.76% of 751 companies
in the Travel & Leisure industry
Industry Median: 60.61 vs MMYT: 175.32

MakeMyTrip's Days Payable increased from Dec. 2022 (130.66) to Dec. 2023 (183.00). It may suggest that MakeMyTrip delayed paying its suppliers.

MakeMyTrip Days Payable Historical Data

The historical data trend for MakeMyTrip'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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MakeMyTrip Days Payable Chart

MakeMyTrip Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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151.57

106.70

366.75

178.09

81.47

MakeMyTrip 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															130.66	149.83	112.89	246.86	183.00

Competitive Comparison of MakeMyTrip's Days Payable

For the Travel Services subindustry, MakeMyTrip'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.

MakeMyTrip's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MakeMyTrip's Days Payable distribution charts can be found below:

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

MakeMyTrip 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.

MakeMyTrip'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
=	( (33.518	+	45.748)	/	2 )	/	177.567	*	365
=	39.633					/	177.567	*	365
=	81.47

MakeMyTrip'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
=	( (116.198	+	133.95)	/	2 )	/	62.367	*	365 / 4
=	125.074					/	62.367	*	365 / 4
=	183.00

MakeMyTrip Days Payable Related Terms

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MakeMyTrip (MakeMyTrip) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MakeMyTrip Ltd (NAS:MMYT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MY1:Germany MY1:Germany

Address

DLF Cyber City, DLF Phase 2, 19th Floor, Building No. 5, Tower B, Sector 25, Gurugram, HR, IND, 122002

Website

https://www.makemytrip.com

MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day-to-day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet-based platforms, call-centers, and branch offices, which provide holiday packages and hotel reservations. Its Air ticketing segment includes internet-based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.