Varanium Cloud (NSE:CLOUD) Days Payable : 13.92 (As of Sep. 2023)

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What is Varanium Cloud Days Payable?

Varanium Cloud's average Accounts Payable for the three months ended in Sep. 2023 was ₹201 Mil. Varanium Cloud's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹1,318 Mil. Hence, Varanium Cloud's Days Payable for the three months ended in Sep. 2023 was 13.92.

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

NSE:CLOUD's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 53.38
* Ranked among companies with meaningful Days Payable only.

Varanium Cloud's Days Payable declined from Sep. 2022 (20.61) to Sep. 2023 (13.92). It may suggest that Varanium Cloud accelerated paying its suppliers.

Varanium Cloud Days Payable Historical Data

The historical data trend for Varanium Cloud'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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Varanium Cloud Days Payable Chart

Varanium Cloud Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

496.80

12.23

Varanium Cloud Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial					20.61	19.44	0.80	0.76	13.92

Competitive Comparison of Varanium Cloud's Days Payable

For the Information Technology Services subindustry, Varanium Cloud'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.

Varanium Cloud's Days Payable Distribution in the Software Industry

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

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

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Varanium Cloud 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.

Varanium Cloud'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
=	( (162.348	+	9.366)	/	2 )	/	2561.978	*	365
=	85.857					/	2561.978	*	365
=	12.23

Varanium Cloud'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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	200.95)	/	1 )	/	1317.696	*	365 / 4
=	200.95					/	1317.696	*	365 / 4
=	13.92

Varanium Cloud Days Payable Related Terms

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Varanium Cloud Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Varanium Cloud Ltd (NSE:CLOUD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Versova SVP Nagar, Third Floor, Plot No. 244-A RDP 2, CTS 1374/B Vil, Four Bungalows, Andheri West, Mumbai, MH, IND, 400053

Website

https://www.varanium.cloud

Varanium Cloud Ltd is a technology company focused on providing services surrounding the digital audio, video, and financial blockchain (for PayFac) based streaming services. The company operates in the following key verticals which are Provision of digital audio and video content streaming services to various content owners and telecom operators in India and internationally on a SaaS (Software As A Service) model such as Voice & Video over Internet Protocol solutions (VoIP) in the B2B and B2C segments, Online payment facilitation services (PayFac) and Provision of low bandwidth digital education content platforms (EdTech) with complete Learning Management Systems (LMS) focused on non-urban areas under Edmission brand.

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