Chetana Education (NSE:CHETANA) Days Payable: 106.44 (As of Mar. 2024)

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NSE:CHETANA Chetana Education Ltd NSE:CHETANA
19 GF Score
Price ₹43.35
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What is Chetana Education Days Payable?

Chetana Education NSE:CHETANA 19 Days Payable is 106.44 as of Mar. 2024. GuruFocus rates NSE:CHETANA with a GF Score™ of 19/100.

Chetana Education's average Accounts Payable for the six months ended in Mar. 2024 was ₹116.6 Mil. Chetana Education's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹399.7 Mil. Hence, Chetana Education's Days Payable for the six months ended in Mar. 2024 was 53.22.

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

NSE:CHETANA's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 81.26
* Ranked among companies with meaningful Days Payable only.

Chetana Education's Days Payable declined from Mar. 2022 (218.55) to Mar. 2024 (106.44). It may suggest that Chetana Education accelerated paying its suppliers.

Chetana Education Days Payable Historical Data

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The historical data trend for Chetana Education'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.

Chetana Education Days Payable Chart

Chetana Education Annual Data
Trend Mar22 Mar23 Mar24
Days Payable
218.55 108.93 106.44

Chetana Education Semi-Annual Data
Mar22 Mar23 Mar24
Days Payable 218.55 108.93 106.44

NSE:CHETANA vs NYT: Days Payable Comparison

For the Publishing subindustry, Chetana Education'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.

Chetana Education Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Chetana Education's Days Payable distribution charts can be found below:

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


NSE:CHETANA
19GF Score
Chetana Education Ltd NSE:CHETANA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chetana Education 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.

Chetana Education'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
=( (102.768 + 130.346) / 2 ) / 399.709*365
=116.557 / 399.709*365
=106.44

Chetana Education's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (102.768 + 130.346) / 2 ) / 399.709*365 / 2
=116.557 / 399.709*365 / 2
=53.22

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 106.44 mean?
Chetana Education (NSE:CHETANA) has a Days Payable of 106.44 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chetana Education and its competitors.
Is Chetana Education's Days Payable too high?
Chetana Education's current Days Payable is 106.44. The Media - Diversified industry median Days Payable is 81.26. Chetana Education's value of 106.44 is 31% above this industry median. Overall, Chetana Education has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Chetana Education's Days Payable compare to NYT?
Chetana Education's Days Payable of 106.44 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 81.26. Chetana Education's value of 106.44 is 31% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Media - Diversified company?
The median Days Payable among Media - Diversified companies is 81.26, based on 912 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chetana Education's current Days Payable of 106.44 is 31% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chetana Education and its competitors. For the Media - Diversified industry, the median Days Payable is 81.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chetana Education's current Days Payable is 106.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chetana Education stock overvalued right now?
Chetana Education (NSE:CHETANA) has a current Days Payable of 106.44. The current Days Payable is 106.44 and 31% above the Media - Diversified industry median of 81.26. Chetana Education's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Chetana Education (NSE:CHETANA), the current Days Payable is 106.44 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Chetana Education Business Description

Address Delisle Road, 401, E-Wing, B & C Block, Trade Link, Kamala Mill, Mumbai, MH, IND, 400013
Chetana Education Ltd is a content-based company, engaged in educational book publishing for the CBSE/State Board curriculum catering to the K-12 segment. It provide access to educational software for learning videos (for teachers and Students) accessible through QR (Quick Response) codes. The company is focus on serving the Maharashtra State Board and Central Board of Secondary Education (CBSE), covering the spectrum of education books from early pre-primary learning to K12 course.
19GF Score

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