VL E-Governance & IT Solutions (BOM:543958) Days Payable : 206.79 (As of Sep. 2024)

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What is VL E-Governance & IT Solutions Days Payable?

VL E-Governance & IT Solutions's average Accounts Payable for the three months ended in Sep. 2024 was ₹160.9 Mil. VL E-Governance & IT Solutions's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹71.0 Mil. Hence, VL E-Governance & IT Solutions's Days Payable for the three months ended in Sep. 2024 was 206.79.

The historical rank and industry rank for VL E-Governance & IT Solutions's Days Payable or its related term are showing as below:

BOM:543958' s Days Payable Range Over the Past 10 Years
Min: 12.91 Med: 155.1 Max: 1037.57
Current: 1037.57

During the past 2 years, VL E-Governance & IT Solutions's highest Days Payable was 1037.57. The lowest was 12.91. And the median was 155.10.

BOM:543958's Days Payable is ranked better than
98.82% of 934 companies
in the Transportation industry
Industry Median: 37.385 vs BOM:543958: 1037.57

VL E-Governance & IT Solutions's Days Payable increased from Sep. 2023 (195.78) to Sep. 2024 (206.79). It may suggest that VL E-Governance & IT Solutions delayed paying its suppliers.

VL E-Governance & IT Solutions Days Payable Historical Data

The historical data trend for VL E-Governance & IT 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.

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VL E-Governance & IT Solutions Days Payable Chart

VL E-Governance & IT Solutions Annual Data

Trend

Mar23

Mar24

Days Payable

12.91

297.29

VL E-Governance & IT Solutions Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial				195.78	10,923.14	5,968.55	820.75	206.79

Competitive Comparison of VL E-Governance & IT Solutions's Days Payable

For the Integrated Freight & Logistics subindustry, VL E-Governance & IT 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.

VL E-Governance & IT Solutions's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, VL E-Governance & IT Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where VL E-Governance & IT Solutions's Days Payable falls into.

VL E-Governance & IT 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.

VL E-Governance & IT 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
=	( (246.43	+	151.683)	/	2 )	/	244.394	*	365
=	199.0565					/	244.394	*	365
=	297.29

VL E-Governance & IT Solutions's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	160.939)	/	1 )	/	71.018	*	365 / 4
=	160.939					/	71.018	*	365 / 4
=	206.79

VL E-Governance & IT Solutions Days Payable Related Terms

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VL E-Governance & IT Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » VL E-Governance & IT Solutions Ltd (BOM:543958) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VLEGOV:India

Address

Road No. 16, Plot No. 93, Vakrangee Corporate House, M.I.D.C Marol, Andheri East, Mumbai, MH, IND, 400093

Website

https://www.vlegovernance.in

VL E-Governance & IT Solutions Ltd is engaged in providing last-mile delivery services of parcels on behalf of e-commerce entities and courier booking services. The Company serves in Local, State and National markets only and hence there are no exports. The Company has only one reportable operating segment which is E-Governance & IT/ITES Business(B2B).

VL E-Governance & IT Solutions Headlines

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