Veranda Learning Solutions (BOM:543514) Days Payable : 202.11 (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Veranda Learning Solutions Days Payable?

Veranda Learning Solutions's average Accounts Payable for the three months ended in Dec. 2024 was ₹746 Mil. Veranda Learning Solutions's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹337 Mil. Hence, Veranda Learning Solutions's Days Payable for the three months ended in Dec. 2024 was 202.11.

The historical rank and industry rank for Veranda Learning Solutions's Days Payable or its related term are showing as below:

BOM:543514' s Days Payable Range Over the Past 10 Years
Min: 112.32 Med: 191.34 Max: 259.05
Current: 135.33

During the past 6 years, Veranda Learning Solutions's highest Days Payable was 259.05. The lowest was 112.32. And the median was 191.34.

BOM:543514's Days Payable is ranked better than
83.26% of 215 companies
in the Education industry
Industry Median: 34.74 vs BOM:543514: 135.33

Veranda Learning Solutions's Days Payable increased from Dec. 2023 (181.68) to Dec. 2024 (202.11). It may suggest that Veranda Learning Solutions delayed paying its suppliers.

Veranda Learning Solutions Days Payable Historical Data

The historical data trend for Veranda Learning Solutions'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.

Veranda Learning Solutions Days Payable Chart

Veranda Learning Solutions Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

248.57

259.05

134.10

112.32

Veranda Learning Solutions Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial													181.68	75.39	160.21	215.42	202.11

Competitive Comparison of Veranda Learning Solutions's Days Payable

For the Education & Training Services subindustry, Veranda Learning Solutions'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.

Veranda Learning Solutions's Days Payable Distribution in the Education Industry

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

* The bar in red indicates where Veranda Learning Solutions's Days Payable falls into.

Save Embed

;

Save Embed

;

Veranda Learning Solutions 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.

Veranda Learning Solutions'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
=	( (284.434	+	506.768)	/	2 )	/	1285.584	*	365
=	395.601					/	1285.584	*	365
=	112.32

Veranda Learning Solutions'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
=	( (745.592	+	0)	/	1 )	/	336.632	*	365 / 4
=	745.592					/	336.632	*	365 / 4
=	202.11

Veranda Learning Solutions Days Payable Related Terms

Thank you for viewing the detailed overview of Veranda Learning Solutions's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Veranda Learning Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Veranda Learning Solutions Ltd (BOM:543514) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VERANDA:India

Address

No. 807-808, Anna Salai, G.R Complex, First floor, Nandanam, Chennai, TN, IND, 600035

Website

https://www.verandalearning.com

Veranda Learning Solutions Ltd is an India-based company that serves as a holding company. The group is focused on developing and managing an integrated Online to Offline (O2O) EdTech platform. This platform offers a range of learning programs for individuals preparing for competitive and professional exams. It includes curated learning content, books, and Q&A in its repository for exams such as the Tamil Nadu Public Service Commission (TNPSC), SSC, RRB and Banking exams, Chartered Accountancy, and IAS courses. In addition to this, the group is involved in providing online training and coaching services. The company's operations are exclusively within India.

Veranda Learning Solutions Headlines

No Headlines