Fourth Generation Information Systems (BOM:532403) Days Payable : 5,551.09 (As of Mar. 2024)

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What is Fourth Generation Information Systems Days Payable?

Fourth Generation Information Systems's average Accounts Payable for the three months ended in Mar. 2024 was ₹18.31 Mil. Fourth Generation Information Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹0.30 Mil. Hence, Fourth Generation Information Systems's Days Payable for the three months ended in Mar. 2024 was 5,551.09.

The historical rank and industry rank for Fourth Generation Information Systems's Days Payable or its related term are showing as below:

BOM:532403' s Days Payable Range Over the Past 10 Years
Min: 1198.87 Med: 15273.85 Max: 30806
Current: 8334.76

During the past 13 years, Fourth Generation Information Systems's highest Days Payable was 30806.00. The lowest was 1198.87. And the median was 15273.85.

BOM:532403's Days Payable is ranked better than
99.01% of 2526 companies
in the Software industry
Industry Median: 49.695 vs BOM:532403: 8334.76

Fourth Generation Information Systems's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (5,551.09). It may suggest that Fourth Generation Information Systems delayed paying its suppliers.

Fourth Generation Information Systems Days Payable Historical Data

The historical data trend for Fourth Generation Information Systems'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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Fourth Generation Information Systems Days Payable Chart

Fourth Generation Information Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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5,835.19

15,273.85

18,649.22

30,806.00

8,946.03

Fourth Generation Information Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	12,527.17	15,310.99	6,933.28	5,551.09

Competitive Comparison of Fourth Generation Information Systems's Days Payable

For the Information Technology Services subindustry, Fourth Generation Information Systems'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.

Fourth Generation Information Systems's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Fourth Generation Information Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Fourth Generation Information Systems's Days Payable falls into.

Fourth Generation Information Systems 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.

Fourth Generation Information Systems'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
=	( (12.081	+	18.311)	/	2 )	/	0.62	*	365
=	15.196					/	0.62	*	365
=	8,946.03

Fourth Generation Information Systems's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	18.311)	/	1 )	/	0.301	*	365 / 4
=	18.311					/	0.301	*	365 / 4
=	5,551.09

Fourth Generation Information Systems Days Payable Related Terms

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Fourth Generation Information Systems (BOM:532403) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fourth Generation Information Systems Ltd (BOM:532403) » Definitions » Days Payable

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Traded in Other Exchanges

N/A

Address

Jaffer Ali Bagh, Flat No. 301, House No 6-3-663/7/6/301, Saai Priya Apartment, Somajiguda, Hyderabad, TG, IND, 500082

Website

https://www.fgisindia.com

Fourth Generation Information Systems Ltd is a hardware and software product development, consulting, technology services, and outsourcing company. Committed to delivering innovation, collaborates to build high-performance business solutions and Products. It also provides manpower consulting, integration across multiple technologies including CRM, ERP, and Web, and building new applications.

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