Hexaware Technologies (LSE:HEXD) Days Payable : 24.21 (As of Sep. 2020)

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What is Hexaware Technologies Days Payable?

Hexaware Technologies's average Accounts Payable for the three months ended in Sep. 2020 was $40.1 Mil. Hexaware Technologies's Cost of Goods Sold for the three months ended in Sep. 2020 was $151.3 Mil. Hence, Hexaware Technologies's Days Payable for the three months ended in Sep. 2020 was 24.21.

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

LSE:HEXD' s Days Payable Range Over the Past 10 Years
Min: 11.44 Med: 15.89 Max: 82.96
Current: 23.81

During the past 13 years, Hexaware Technologies's highest Days Payable was 82.96. The lowest was 11.44. And the median was 15.89.

LSE:HEXD's Days Payable is not ranked
in the Software industry.
Industry Median: 49.695 vs LSE:HEXD: 23.81

Hexaware Technologies's Days Payable declined from Sep. 2019 (32.66) to Sep. 2020 (24.21). It may suggest that Hexaware Technologies accelerated paying its suppliers.

Hexaware Technologies Days Payable Historical Data

The historical data trend for Hexaware Technologies'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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Hexaware Technologies Days Payable Chart

Hexaware Technologies Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

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13.51

15.83

15.67

17.07

16.99

Hexaware Technologies Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Days Payable	Get a 7-Day Free Trial															32.66	18.65	24.61	31.63	24.21

Competitive Comparison of Hexaware Technologies's Days Payable

For the Information Technology Services subindustry, Hexaware Technologies'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.

Hexaware Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Hexaware Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Hexaware Technologies's Days Payable falls into.

Hexaware Technologies 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.

Hexaware Technologies's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (26.416	+	28.998)	/	2 )	/	595.138	*	365
=	27.707					/	595.138	*	365
=	16.99

Hexaware Technologies's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

	Days Payable (Q: Sep. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2020 )	+	Accounts Payable (Q: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
=	( (52.807	+	27.449)	/	2 )	/	151.255	*	365 / 4
=	40.128					/	151.255	*	365 / 4
=	24.21

Hexaware Technologies Days Payable Related Terms

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Hexaware Technologies (LSE:HEXD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hexaware Technologies Ltd (LSE:HEXD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

152 Millennium Business Park, Sector-lll, A Block, TTC Industrial Area, Mahape, Navi Mumbai, Maharashtra, IND, 400710

Website

https://www.hexaware.com

Hexaware Technologies provides a variety of information technology services, including information technology application consulting, support and maintenance, infrastructure management, business process services, robotic process automation, and customer relationship management. Hexaware is organized into four segments based on customer industry: banking and financial services, travel and transportation, heath and insurance, manufacturing and consumer, and professional services. The banking and financial services segment generates the most revenue. The majority of revenue comes from the United States.

Hexaware Technologies (LSE:HEXD) Headlines

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