Aurum Proptech (BOM:539289) Days Payable : 88.78 (As of Dec. 2023)

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What is Aurum Proptech Days Payable?

Aurum Proptech's average Accounts Payable for the three months ended in Dec. 2023 was ₹266 Mil. Aurum Proptech's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹274 Mil. Hence, Aurum Proptech's Days Payable for the three months ended in Dec. 2023 was 88.78.

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

BOM:539289' s Days Payable Range Over the Past 10 Years
Min: 9.14 Med: 42.27 Max: 1998.57
Current: 66.05

During the past 9 years, Aurum Proptech's highest Days Payable was 1998.57. The lowest was 9.14. And the median was 42.27.

BOM:539289's Days Payable is ranked better than
57.33% of 2524 companies
in the Software industry
Industry Median: 50.7 vs BOM:539289: 66.05

Aurum Proptech's Days Payable increased from Dec. 2022 (59.01) to Dec. 2023 (88.78). It may suggest that Aurum Proptech delayed paying its suppliers.

Aurum Proptech Days Payable Historical Data

The historical data trend for Aurum Proptech'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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Aurum Proptech Days Payable Chart

Aurum Proptech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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9.28

1,998.57

487.65

90.38

72.04

Aurum Proptech Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															59.01	71.46	66.54	87.57	88.78

Competitive Comparison of Aurum Proptech's Days Payable

For the Information Technology Services subindustry, Aurum Proptech'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.

Aurum Proptech's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Aurum Proptech's Days Payable falls into.

Aurum Proptech 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.

Aurum Proptech'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
=	( (78.8	+	153.5)	/	2 )	/	588.5	*	365
=	116.15					/	588.5	*	365
=	72.04

Aurum Proptech's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (266.2	+	0)	/	1 )	/	273.6	*	365 / 4
=	266.2					/	273.6	*	365 / 4
=	88.78

Aurum Proptech Days Payable Related Terms

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Aurum Proptech (BOM:539289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Aurum Proptech Ltd (BOM:539289) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

890168:India AURUM:India

Address

Thane Belapur Road, Aurum Q1 Building, Aurum Q Parc, Navi Mumbai, MH, IND, 400 710

Website

https://www.aurumproptech.in

Aurum Proptech Ltd formerly Majesco Ltd provides an integrated portfolio of information technology (IT) software and services, including IT consulting, application development, systems integration, application management outsourcing, testing, data warehousing and business intelligence, customer relationship management services, and legacy modernization in the insurance industries. The company operates through its software development center at Mahape. Majesco also focuses on real estate activity. Geographically, the company offers its services to North America, Europe, and Others region.

Aurum Proptech (BOM:539289) Headlines

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