GACM Technologies (NSE:GATECH) Days Payable : 22.43 (As of Sep. 2024)

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What is GACM Technologies Days Payable?

GACM Technologies's average Accounts Payable for the three months ended in Sep. 2024 was ₹4.28 Mil. GACM Technologies's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹17.40 Mil. Hence, GACM Technologies's Days Payable for the three months ended in Sep. 2024 was 22.43.

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

NSE:GATECH' s Days Payable Range Over the Past 10 Years
Min: 12.95 Med: 49.6 Max: 1311.96
Current: 42.01

During the past 13 years, GACM Technologies's highest Days Payable was 1311.96. The lowest was 12.95. And the median was 49.60.

NSE:GATECH's Days Payable is ranked worse than
66.01% of 456 companies
in the Asset Management industry
Industry Median: 72.135 vs NSE:GATECH: 42.01

GACM Technologies's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (22.43). It may suggest that GACM Technologies delayed paying its suppliers.

GACM Technologies Days Payable Historical Data

The historical data trend for GACM 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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GACM Technologies Days Payable Chart

GACM Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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1,311.96

35.83

12.95

96.16

241.89

GACM Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	22.43

Competitive Comparison of GACM Technologies's Days Payable

For the Asset Management subindustry, GACM 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.

GACM Technologies's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GACM Technologies's Days Payable distribution charts can be found below:

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

GACM 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.

GACM Technologies'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
=	( (21.066	+	0)	/	1 )	/	31.787	*	365
=	21.066					/	31.787	*	365
=	241.89

GACM Technologies'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	+	4.277)	/	1 )	/	17.398	*	365 / 4
=	4.277					/	17.398	*	365 / 4
=	22.43

GACM Technologies Days Payable Related Terms

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GACM Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GACM Technologies Ltd (NSE:GATECH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

570005:India GATECHDVR:India 531723:India

Address

Sardar Patel Road, KURA Towers, 10th Floor, D. No.1-11-254 & 1-11-255, Begumpet, Hyderabad, TG, IND, 500016

Website

https://www.gacmtech.com

GACM Technologies Ltd is engaged in Financial, Management and Software Consultancy Services. The company operates in only one business segment i.e. stock trading and distribution of financial products and consultancy services.

GACM Technologies Headlines

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