Allied Digital Services (BOM:532875) Days Payable : 32.07 (As of Mar. 2024)

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What is Allied Digital Services Days Payable?

Allied Digital Services's average Accounts Payable for the three months ended in Mar. 2024 was ₹507 Mil. Allied Digital Services's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,444 Mil. Hence, Allied Digital Services's Days Payable for the three months ended in Mar. 2024 was 32.07.

The historical rank and industry rank for Allied Digital Services's Days Payable or its related term are showing as below:

BOM:532875' s Days Payable Range Over the Past 10 Years
Min: 21.72 Med: 61.57 Max: 163.14
Current: 27.65

During the past 13 years, Allied Digital Services's highest Days Payable was 163.14. The lowest was 21.72. And the median was 61.57.

BOM:532875's Days Payable is ranked worse than
70.01% of 2524 companies
in the Software industry
Industry Median: 49.575 vs BOM:532875: 27.65

Allied Digital Services's Days Payable increased from Mar. 2023 (26.06) to Mar. 2024 (32.07). It may suggest that Allied Digital Services delayed paying its suppliers.

Allied Digital Services Days Payable Historical Data

The historical data trend for Allied Digital Services'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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Allied Digital Services Days Payable Chart

Allied Digital Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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63.95

83.92

59.18

31.44

29.44

Allied Digital Services 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															26.06	25.22	24.51	24.78	32.07

Competitive Comparison of Allied Digital Services's Days Payable

For the Information Technology Services subindustry, Allied Digital Services'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.

Allied Digital Services's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Allied Digital Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Allied Digital Services's Days Payable falls into.

Allied Digital Services 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.

Allied Digital Services'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
=	( (372.7	+	507.3)	/	2 )	/	5454.5	*	365
=	440					/	5454.5	*	365
=	29.44

Allied Digital Services'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	+	507.3)	/	1 )	/	1443.5	*	365 / 4
=	507.3					/	1443.5	*	365 / 4
=	32.07

Allied Digital Services Days Payable Related Terms

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Allied Digital Services (BOM:532875) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Allied Digital Services Ltd (BOM:532875) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ADSL:India

Address

NCPA Road, Block No. III, Nariman Point, Premises No. 13A, 13th Floor, Earnest House, Backbay Reclamation, Mumbai, MH, IND, 400 021

Website

https://www.allieddigital.net

Allied Digital Services Ltd is an Indian-based information technology service and solutions offering company. The company provides a wide range of information technology and consultancy services such as infrastructure services, end-user IT support, IT asset lifecycle, enterprise applications, and integrated solutions. The business activity of the firm is operated through the Enterprise Computing based Solutions and Infrastructure Management based Solutions segments. Geographically the business presence of the firm is seen across the region of India, the United States, the UK, Singapore, Australia, Ireland, Brazil, Japan, and China.

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