Kore Digital (NSE:KDL) Days Payable : 213.81 (As of Mar. 2024)

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What is Kore Digital Days Payable?

Kore Digital's average Accounts Payable for the six months ended in Mar. 2024 was ₹496 Mil. Kore Digital's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹846 Mil. Hence, Kore Digital's Days Payable for the six months ended in Mar. 2024 was 106.90.

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

NSE:KDL' s Days Payable Range Over the Past 10 Years
Min: 213.81 Med: 285.75 Max: 466.1
Current: 213.81

During the past 5 years, Kore Digital's highest Days Payable was 466.10. The lowest was 213.81. And the median was 285.75.

NSE:KDL's Days Payable is ranked better than
76.61% of 342 companies
in the Telecommunication Services industry
Industry Median: 108.105 vs NSE:KDL: 213.81

Kore Digital's Days Payable declined from Mar. 2022 (285.75) to Mar. 2024 (213.81). It may suggest that Kore Digital accelerated paying its suppliers.

Kore Digital Days Payable Historical Data

The historical data trend for Kore Digital'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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Kore Digital Days Payable Chart

Kore Digital Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

285.75

466.10

213.81

Kore Digital Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Days Payable	-	-	285.75	466.10	213.81

Competitive Comparison of Kore Digital's Days Payable

For the Telecom Services subindustry, Kore Digital'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.

Kore Digital's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kore Digital's Days Payable distribution charts can be found below:

* The bar in red indicates where Kore Digital's Days Payable falls into.

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Kore Digital 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.

Kore Digital'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
=	( (257.552	+	733.654)	/	2 )	/	846.071	*	365
=	495.603					/	846.071	*	365
=	213.81

Kore Digital'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
=	( (257.552	+	733.654)	/	2 )	/	846.071	*	365 / 2
=	495.603					/	846.071	*	365 / 2
=	106.90

Kore Digital Days Payable Related Terms

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Kore Digital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Kore Digital Ltd (NSE:KDL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

B 1107-1108, Shelton Sapphire, Sector 15, Plot No. 18/19, CBD Belapur, Thane, Navi Mumbai, MH, IND, 400614

Website

https://www.koredigital.com

Kore Digital Ltd offers telecom and infrastructure development and development of related allied services. It is engaged mainly in the business of installing and commissioning Poles, Towers, and Optical Fibre Cable (OFC) Systems in Maharashtra.

Kore Digital Headlines

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