Ind-Agiv Commerce (BOM:517077) Days Payable : 376.13 (As of Jun. 2024)

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What is Ind-Agiv Commerce Days Payable?

Ind-Agiv Commerce's average Accounts Payable for the three months ended in Jun. 2024 was ₹70.9 Mil. Ind-Agiv Commerce's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹17.2 Mil. Hence, Ind-Agiv Commerce's Days Payable for the three months ended in Jun. 2024 was 376.13.

The historical rank and industry rank for Ind-Agiv Commerce's Days Payable or its related term are showing as below:

BOM:517077' s Days Payable Range Over the Past 10 Years
Min: 29.86 Med: 93.63 Max: 1081.64
Current: 310.92

During the past 13 years, Ind-Agiv Commerce's highest Days Payable was 1081.64. The lowest was 29.86. And the median was 93.63.

BOM:517077's Days Payable is not ranked
in the Hardware industry.
Industry Median: 68.235 vs BOM:517077: 310.92

Ind-Agiv Commerce's Days Payable declined from Jun. 2023 (825.11) to Jun. 2024 (376.13). It may suggest that Ind-Agiv Commerce accelerated paying its suppliers.

Ind-Agiv Commerce Days Payable Historical Data

The historical data trend for Ind-Agiv Commerce'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.

Ind-Agiv Commerce Days Payable Chart

Ind-Agiv Commerce Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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104.50

142.44

1,081.64

140.50

364.77

Ind-Agiv Commerce Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															825.11	746.29	488.41	155.69	376.13

Competitive Comparison of Ind-Agiv Commerce's Days Payable

For the Electronics & Computer Distribution subindustry, Ind-Agiv Commerce'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.

Ind-Agiv Commerce's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ind-Agiv Commerce's Days Payable distribution charts can be found below:

* The bar in red indicates where Ind-Agiv Commerce's Days Payable falls into.

Ind-Agiv Commerce 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.

Ind-Agiv Commerce's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (65.882	+	70.86)	/	2 )	/	68.414	*	365
=	68.371					/	68.414	*	365
=	364.77

Ind-Agiv Commerce's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (70.86	+	0)	/	1 )	/	17.191	*	365 / 4
=	70.86					/	17.191	*	365 / 4
=	376.13

Ind-Agiv Commerce Days Payable Related Terms

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Ind-Agiv Commerce Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ind-Agiv Commerce Ltd (BOM:517077) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off. Ghatkopar-Andheri Link Road, Laxmi Nagar, 009-012 B- Wing, Kanara Business Centre, Ghatkopar (East), Mumbai, MH, IND, 400075

Website

https://agivavit.com

Ind-Agiv Commerce Ltd is an India-based company. The business operates through two segments comprising Paint and Audio Visual. It generates maximum revenue from the Audio Visual segment. The Audio Video Visual segment is engaged in providing audiovisual technologies and installation of programmers into the audio system. It generates maximum revenue from the sale of Paint.

Ind-Agiv Commerce Headlines

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