Siddharth Education Services (BOM:540736) Days Payable : 4,399.43 (As of Mar. 2020)

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What is Siddharth Education Services Days Payable?

Siddharth Education Services's average Accounts Payable for the six months ended in Mar. 2020 was ₹49.80 Mil. Siddharth Education Services's Cost of Goods Sold for the six months ended in Mar. 2020 was ₹4.13 Mil. Hence, Siddharth Education Services's Days Payable for the six months ended in Mar. 2020 was 2,199.72.

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

BOM:540736's Days Payable is not ranked ^*
in the Education industry.
Industry Median: 36.8
* Ranked among companies with meaningful Days Payable only.

Siddharth Education Services's Days Payable increased from Mar. 2018 (254.47) to Mar. 2020 (4,399.43). It may suggest that Siddharth Education Services delayed paying its suppliers.

Siddharth Education Services Days Payable Historical Data

The historical data trend for Siddharth Education 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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Siddharth Education Services Days Payable Chart

Siddharth Education Services Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Days Payable

98.29

254.47

6,103.12

4,399.43

Siddharth Education Services Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Mar20
Days Payable	-	98.29	254.47	6,103.12	4,399.43

Competitive Comparison of Siddharth Education Services's Days Payable

For the Education & Training Services subindustry, Siddharth Education 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.

Siddharth Education Services's Days Payable Distribution in the Education Industry

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

* The bar in red indicates where Siddharth Education Services's Days Payable falls into.

Siddharth Education 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.

Siddharth Education Services's Days Payable for the fiscal year that ended in Mar. 2020 is calculated as

	Days Payable (A: Mar. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2019 )	+	Accounts Payable (A: Mar. 2020 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2020 )	*	Days in Period
=	( (98.72	+	0.888)	/	2 )	/	4.132	*	365
=	49.804					/	4.132	*	365
=	4,399.43

Siddharth Education Services's Days Payable for the quarter that ended in Mar. 2020 is calculated as:

	Days Payable (Q: Mar. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2019 )	+	Accounts Payable (Q: Mar. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2020 )	*	Days in Period
=	( (98.72	+	0.888)	/	2 )	/	4.132	*	365 / 2
=	49.804					/	4.132	*	365 / 2
=	2,199.72

Siddharth Education Services Days Payable Related Terms

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Siddharth Education Services (BOM:540736) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Siddharth Education Services Ltd (BOM:540736) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

101, First Floor, Chirag Arcade, E. R. ROAD, Behind Nagrik Stores, Near Ashok Cinema, Thane, MH, IND, 400 601

Website

http://www.siddharthacademy.in

Siddharth Education Services Ltd is engaged in providing tutorial coaching services for students of professional courses. The company offers tutorial services to C.S., C.A., and C.M.A under the brand name of Siddharth Academy. It is also engaged in the farming business. The company generates its revenue from Education Fees, Farming Activities, and Online Education Service.

Siddharth Education Services (BOM:540736) Headlines

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