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Zee Learn (BOM:533287) Days Payable : 150.21 (As of Dec. 2023)


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What is Zee Learn Days Payable?

Zee Learn's average Accounts Payable for the three months ended in Dec. 2023 was ₹693 Mil. Zee Learn's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹421 Mil. Hence, Zee Learn's Days Payable for the three months ended in Dec. 2023 was 150.21.

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

BOM:533287' s Days Payable Range Over the Past 10 Years
Min: 64.02   Med: 113.99   Max: 548.65
Current: 227.33

During the past 13 years, Zee Learn's highest Days Payable was 548.65. The lowest was 64.02. And the median was 113.99.

BOM:533287's Days Payable is ranked better than
91.51% of 212 companies
in the Education industry
Industry Median: 36.105 vs BOM:533287: 227.33

Zee Learn's Days Payable declined from Dec. 2022 (169.30) to Dec. 2023 (150.21). It may suggest that Zee Learn accelerated paying its suppliers.


Zee Learn Days Payable Historical Data

The historical data trend for Zee Learn'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.

Zee Learn Days Payable Chart

Zee Learn Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.85 139.78 477.78 548.65 268.42

Zee Learn 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 169.30 - 108.98 147.89 150.21

Competitive Comparison of Zee Learn's Days Payable

For the Education & Training Services subindustry, Zee Learn'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.


Zee Learn's Days Payable Distribution in the Education Industry

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

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



Zee Learn 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.

Zee Learn'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
=( (737.427 + 702.02) / 2 ) / 978.701*365
=719.7235 / 978.701*365
=268.42

Zee Learn'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
=( (693.377 + 0) / 1 ) / 421.207*365 / 4
=693.377 / 421.207*365 / 4
=150.21

* 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.


Zee Learn Days Payable Related Terms

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Zee Learn (BOM:533287) Business Description

Traded in Other Exchanges
Address
135, Dr. Annie Besant Road, Continental Building, Worli, Mumbai, MH, IND, 400 018
Zee Learn Ltd is engaged in the provision of educational services in India. The firm delivers learning solutions and training through its multiple products Kidzee, Mount Litera Zee Schools, Mount Litera World Preschool, Zee Institute of Media Arts (ZIMA), Zee Institute of Creative Arts (ZICA) and E-Learning Online Education and Testing. It operates through the Educational, Construction and Leasing for education and Training Manpower and related activities. The Educational segment provides learning solutions and delivers training. The Construction and Leasing segment consists of constructing and leasing properties for commercial use. The firm generates maximum revenue from its Educational segment.

Zee Learn (BOM:533287) Headlines

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