Roadzen (Roadzen) Days Payable : 292.67 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Roadzen Days Payable?

Roadzen's average Accounts Payable for the three months ended in Dec. 2023 was $21.86 Mil. Roadzen's Cost of Goods Sold for the three months ended in Dec. 2023 was $6.82 Mil. Hence, Roadzen's Days Payable for the three months ended in Dec. 2023 was 292.67.

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

RDZN' s Days Payable Range Over the Past 10 Years
Min: 78.15 Med: 119.39 Max: 302.93
Current: 302.93

During the past 3 years, Roadzen's highest Days Payable was 302.93. The lowest was 78.15. And the median was 119.39.

RDZN's Days Payable is ranked better than
88.8% of 2527 companies
in the Software industry
Industry Median: 50.45 vs RDZN: 302.93

Roadzen's Days Payable increased from Sep. 2022 (103.40) to Dec. 2023 (292.67). It may suggest that Roadzen delayed paying its suppliers.

Roadzen Days Payable Historical Data

The historical data trend for Roadzen'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.

Roadzen Days Payable Chart

Roadzen Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

141.17

78.15

119.39

Roadzen Quarterly Data
	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial			103.40	81.84	152.20	153.66	292.67

Competitive Comparison of Roadzen's Days Payable

For the Software - Application subindustry, Roadzen'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.

Roadzen's Days Payable Distribution in the Software Industry

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

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

Roadzen 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.

Roadzen'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
=	( (1.532	+	2.009)	/	2 )	/	5.413	*	365
=	1.7705					/	5.413	*	365
=	119.39

Roadzen'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
=	( (19.408	+	24.314)	/	2 )	/	6.816	*	365 / 4
=	21.861					/	6.816	*	365 / 4
=	292.67

Roadzen Days Payable Related Terms

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

Roadzen (Roadzen) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Roadzen Inc (NAS:RDZN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Cogency Global Inc, 850 New Burton Road, Suite 201, Dover, DE, USA, 19904

Website

https://www.roadzen.io

Roadzen Inc is an insurance technology company on a mission to transform global auto insurance powered by advanced AI. Its clients comprise major insurers, fleets, and carmakers to small fleets, brokers, and insurance agents that use Roadzen's technology to build new products, sell insurance, process claims, and improve road safety. Roadzen's work in telematics and computer vision has earned recognition as an AI innovator by publications such as Forbes, Fortune, and Financial Express.

Roadzen (Roadzen) Headlines

From GuruFocus

Dalmia Transport Selects Roadzen's DrivebuddyAI to Enhance Fleet Safety with Advanced Computer Vision

By Marketwired • 04-29-2024