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CL Educate (BOM:540403) Days Payable : 84.99 (As of Dec. 2024)


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What is CL Educate Days Payable?

CL Educate's average Accounts Payable for the three months ended in Dec. 2024 was ₹540 Mil. CL Educate's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹580 Mil. Hence, CL Educate's Days Payable for the three months ended in Dec. 2024 was 84.99.

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

BOM:540403' s Days Payable Range Over the Past 10 Years
Min: 36.16   Med: 85.9   Max: 126.87
Current: 62.04

During the past 13 years, CL Educate's highest Days Payable was 126.87. The lowest was 36.16. And the median was 85.90.

BOM:540403's Days Payable is ranked better than
69.3% of 215 companies
in the Education industry
Industry Median: 34.74 vs BOM:540403: 62.04

CL Educate's Days Payable increased from Dec. 2023 (82.14) to Dec. 2024 (84.99). It may suggest that CL Educate delayed paying its suppliers.


CL Educate Days Payable Historical Data

The historical data trend for CL Educate'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.

CL Educate Days Payable Chart

CL Educate Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.44 91.30 64.65 57.80 58.11

CL Educate Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.14 55.83 43.51 65.64 84.99

Competitive Comparison of CL Educate's Days Payable

For the Education & Training Services subindustry, CL Educate'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.


CL Educate's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, CL Educate's Days Payable distribution charts can be found below:

* The bar in red indicates where CL Educate's Days Payable falls into.


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CL Educate 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.

CL Educate'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
=( (403.96 + 333.281) / 2 ) / 2315.325*365
=368.6205 / 2315.325*365
=58.11

CL Educate's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (539.858 + 0) / 1 ) / 579.61*365 / 4
=539.858 / 579.61*365 / 4
=84.99

* 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.


CL Educate Days Payable Related Terms

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CL Educate Business Description

Traded in Other Exchanges
Address
Mohan Co-operative Industrial Estate, A-45, First Floor, New Delhi, IND, 110044
CL Educate Ltd is an Indian company operating in the education sector. The company functions in two segments, EdTech & MarTech. It derives majority of its revenue from the EdTech segment, mainly comprising businesses generated and serviced through educational services such as coaching, content, and platform services. The MarTech segment includes integrated solution-driven services for corporates through Experiential marketing and Event management (physical and virtual events), Marcomm, Customized Engagement Programs (CEPs), Manpower services, and Sales management.

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