R Systems International (BOM:532735) Days Payable : 12.04 (As of Sep. 2024)

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What is R Systems International Days Payable?

R Systems International's average Accounts Payable for the three months ended in Sep. 2024 was ₹395 Mil. R Systems International's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹2,997 Mil. Hence, R Systems International's Days Payable for the three months ended in Sep. 2024 was 12.04.

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

BOM:532735' s Days Payable Range Over the Past 10 Years
Min: 12.34 Med: 18.42 Max: 49.73
Current: 25.76

During the past 13 years, R Systems International's highest Days Payable was 49.73. The lowest was 12.34. And the median was 18.42.

BOM:532735's Days Payable is ranked worse than
71.07% of 2523 companies
in the Software industry
Industry Median: 48.75 vs BOM:532735: 25.76

R Systems International's Days Payable declined from Jun. 2023 (22.35) to Sep. 2024 (12.04). It may suggest that R Systems International accelerated paying its suppliers.

R Systems International Days Payable Historical Data

The historical data trend for R Systems International'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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R Systems International Days Payable Chart

R Systems International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.42

14.79

14.25

13.53

12.34

R Systems International Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															22.35	30.73	15.04	11.76	12.04

Competitive Comparison of R Systems International's Days Payable

For the Information Technology Services subindustry, R Systems International'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.

R Systems International's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where R Systems International's Days Payable falls into.

R Systems International 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.

R Systems International's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (355.87	+	370.76)	/	2 )	/	10743.73	*	365
=	363.315					/	10743.73	*	365
=	12.34

R Systems International's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (395.34	+	0)	/	1 )	/	2997.42	*	365 / 4
=	395.34					/	2997.42	*	365 / 4
=	12.04

R Systems International Days Payable Related Terms

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R Systems International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » R Systems International Ltd (BOM:532735) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RSYSTEMS:India

Address

C-40, Sector-59, District Gautam Budh Nagar, Noida, UP, IND, 201307

Website

https://www.rsystems.com

R Systems International Ltd provides IT services and solutions. The company designs and builds next-gen products, platforms, and digital experiences for its clients. It is organized into two business segments, Information technology services which is the key revenue generating segment, and Business process outsourcing services. The company serves IT services and solutions to telecom and digital media, healthcare, manufacturing, government services, and banking and finance industries. It earns income from five principal geographic territories, namely North America, Europe, South East Asian countries (SEAC), India, and others, of which key revenue is derived from North America.

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