Zaggle Prepaid Ocean Services (BOM:543985) Days Payable : 1.26 (As of Dec. 2024)

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What is Zaggle Prepaid Ocean Services Days Payable?

Zaggle Prepaid Ocean Services's average Accounts Payable for the three months ended in Dec. 2024 was ₹28 Mil. Zaggle Prepaid Ocean Services's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹2,029 Mil. Hence, Zaggle Prepaid Ocean Services's Days Payable for the three months ended in Dec. 2024 was 1.26.

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

BOM:543985' s Days Payable Range Over the Past 10 Years
Min: 1.74 Med: 31.97 Max: 276.26
Current: 1.74

During the past 5 years, Zaggle Prepaid Ocean Services's highest Days Payable was 276.26. The lowest was 1.74. And the median was 31.97.

BOM:543985's Days Payable is ranked worse than
98.98% of 2553 companies
in the Software industry
Industry Median: 51.44 vs BOM:543985: 1.74

Zaggle Prepaid Ocean Services's Days Payable declined from Dec. 2023 (3.51) to Dec. 2024 (1.26). It may suggest that Zaggle Prepaid Ocean Services accelerated paying its suppliers.

Zaggle Prepaid Ocean Services Days Payable Historical Data

The historical data trend for Zaggle Prepaid Ocean 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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Zaggle Prepaid Ocean Services Days Payable Chart

Zaggle Prepaid Ocean Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

276.26

115.11

31.97

10.09

4.76

Zaggle Prepaid Ocean Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial								3.51	1.54	1.44	1.42	1.26

Competitive Comparison of Zaggle Prepaid Ocean Services's Days Payable

For the Software - Infrastructure subindustry, Zaggle Prepaid Ocean 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.

Zaggle Prepaid Ocean Services's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Zaggle Prepaid Ocean Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Zaggle Prepaid Ocean Services's Days Payable falls into.

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Zaggle Prepaid Ocean 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.

Zaggle Prepaid Ocean Services'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
=	( (92.19	+	19.63)	/	2 )	/	4286.07	*	365
=	55.91					/	4286.07	*	365
=	4.76

Zaggle Prepaid Ocean Services'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
=	( (27.97	+	0)	/	1 )	/	2028.97	*	365 / 4
=	27.97					/	2028.97	*	365 / 4
=	1.26

Zaggle Prepaid Ocean Services Days Payable Related Terms

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Zaggle Prepaid Ocean Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zaggle Prepaid Ocean Services Ltd (BOM:543985) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ZAGGLE:India

Address

C.T.S. No. 4A, Boomerang Building, Ground Floor, B-1004, Village Saki Naka, Taluka Kurla, Andheri (East), District Mumbai Suburban, Mumbai, MH, IND, 400072

Website

https://www.zaggle.in

Zaggle Prepaid Ocean Services Ltd is into spend management, with a differentiated value proposition and diversified user base. It offers a diversified portfolio of SaaS, including tax and payroll software. The company's core product portfolio includes; Propel, a SaaS platform for channel partner rewards and incentives, employee rewards and recognition; SAVE, a SaaS-based platform for employee expense management, reimbursements and benefits; and Zoyer, an integrated data driven SaaS-based procure-to-pay and utility payment platform. The company's operating segments are based on the nature of the products and services provided and include; Propel platform revenue/gift cards which derives maximum revenue, Platform fee/SaaS fee/Service fee, and Program fee.

Zaggle Prepaid Ocean Services Headlines

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