GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Moxsh Overseas Educon Ltd (NSE:MOXSH) » Definitions » Days Payable

Moxsh Overseas Educon (NSE:MOXSH) Days Payable : 18.86 (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Moxsh Overseas Educon Days Payable?

Moxsh Overseas Educon's average Accounts Payable for the six months ended in Sep. 2023 was ₹3.9 Mil. Moxsh Overseas Educon's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹38.0 Mil. Hence, Moxsh Overseas Educon's Days Payable for the six months ended in Sep. 2023 was 18.86.

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

NSE:MOXSH' s Days Payable Range Over the Past 10 Years
Min: 22.47   Med: 42.75   Max: 145.97
Current: 27.06

During the past 4 years, Moxsh Overseas Educon's highest Days Payable was 145.97. The lowest was 22.47. And the median was 42.75.

NSE:MOXSH's Days Payable is ranked worse than
58.29% of 211 companies
in the Education industry
Industry Median: 35.9 vs NSE:MOXSH: 27.06

Moxsh Overseas Educon's Days Payable declined from Sep. 2022 (31.63) to Sep. 2023 (18.86). It may suggest that Moxsh Overseas Educon accelerated paying its suppliers.


Moxsh Overseas Educon Days Payable Historical Data

The historical data trend for Moxsh Overseas Educon'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.

Moxsh Overseas Educon Days Payable Chart

Moxsh Overseas Educon Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Days Payable
22.47 145.97 40.12 45.37

Moxsh Overseas Educon Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial - - 31.63 70.27 18.86

Competitive Comparison of Moxsh Overseas Educon's Days Payable

For the Education & Training Services subindustry, Moxsh Overseas Educon'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.


Moxsh Overseas Educon's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Moxsh Overseas Educon's Days Payable distribution charts can be found below:

* The bar in red indicates where Moxsh Overseas Educon's Days Payable falls into.



Moxsh Overseas Educon 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.

Moxsh Overseas Educon'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
=( (4.691 + 5.753) / 2 ) / 42.007*365
=5.222 / 42.007*365
=45.37

Moxsh Overseas Educon's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (5.753 + 2.093) / 2 ) / 37.965*365 / 2
=3.923 / 37.965*365 / 2
=18.86

* 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.


Moxsh Overseas Educon Days Payable Related Terms

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


Moxsh Overseas Educon (NSE:MOXSH) Business Description

Traded in Other Exchanges
N/A
Address
Hasumal Tandel Marg, 159/160, Kaliandas Udhyog Bhavan, Century Bazar, Prabhadevi, Mumbai, MH, IND, 400025
Moxsh Overseas Educon Ltd is an Edu-Medi Tech company engaged in the business of offering diverse and cohesive learning solutions, counselling and mobility services to students aspiring to pursue medical studies (MBBS) in India or abroad under its brand MOKSH. It also provides advisory to students for their medical career planning and execution. The company is a digitally native, technology led business, providing online learning program (test preparation) for medical entrance examinations, NEET-UG and for medicos (i.e. medical aspirants or graduates of a medical school) to appear for medical licensing examination, such as USMLE, PLAB, DHA, NeXT, FMGE etc, under its brand MOKSH Academy.

Moxsh Overseas Educon (NSE:MOXSH) Headlines

No Headlines