Kernex Microsystems (India) (NSE:KERNEX) Days Payable : 188.48 (As of Dec. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Kernex Microsystems (India) Days Payable?

Kernex Microsystems (India)'s average Accounts Payable for the three months ended in Dec. 2024 was ₹307 Mil. Kernex Microsystems (India)'s Cost of Goods Sold for the three months ended in Dec. 2024 was ₹149 Mil. Hence, Kernex Microsystems (India)'s Days Payable for the three months ended in Dec. 2024 was 188.48.

The historical rank and industry rank for Kernex Microsystems (India)'s Days Payable or its related term are showing as below:

NSE:KERNEX' s Days Payable Range Over the Past 10 Years
Min: 14.14 Med: 190.28 Max: 1225.34
Current: 86.18

During the past 13 years, Kernex Microsystems (India)'s highest Days Payable was 1225.34. The lowest was 14.14. And the median was 190.28.

NSE:KERNEX's Days Payable is ranked better than
65.75% of 2537 companies
in the Software industry
Industry Median: 49.63 vs NSE:KERNEX: 86.18

Kernex Microsystems (India)'s Days Payable increased from Dec. 2023 (93.64) to Dec. 2024 (188.48). It may suggest that Kernex Microsystems (India) delayed paying its suppliers.

Kernex Microsystems (India) Days Payable Historical Data

The historical data trend for Kernex Microsystems (India)'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.

* Premium members only.

Kernex Microsystems (India) Days Payable Chart

Kernex Microsystems (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

14.14

75.14

145.70

135.72

234.86

Kernex Microsystems (India) Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															93.64	107.83	76.32	114.03	188.48

Competitive Comparison of Kernex Microsystems (India)'s Days Payable

For the Software - Application subindustry, Kernex Microsystems (India)'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.

Kernex Microsystems (India)'s Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Kernex Microsystems (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Kernex Microsystems (India)'s Days Payable falls into.

Kernex Microsystems (India) 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.

Kernex Microsystems (India)'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
=	( (3.327	+	162.633)	/	2 )	/	128.959	*	365
=	82.98					/	128.959	*	365
=	234.86

Kernex Microsystems (India)'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
=	( (307.068	+	0)	/	1 )	/	148.666	*	365 / 4
=	307.068					/	148.666	*	365 / 4
=	188.48

Kernex Microsystems (India) Days Payable Related Terms

Thank you for viewing the detailed overview of Kernex Microsystems (India)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kernex Microsystems (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kernex Microsystems (India) Ltd (NSE:KERNEX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

532686:India

Address

Plot No. 38-41, Survey No. 1/1, Hardware Technology Park, Raviryal Village, TSIIC layout, Maheswaram Mandal, Ranga Reddy, Hyderabad, TG, IND, 501510

Website

https://www.kernex.in

Kernex Microsystems (India) Ltd is an India based company engaged in the manufacture and sale of Safety Systems and Software services for Railways. The company is in the business of designing, developing, and deployment of Train Collision Avoidance Systems in Indian Railways, and successfully completing the installation of automatic and semi-automatic Railway Gates. It offers products which include LxGuard, TrainSHIELD, SAFELx, SENTINEX, CASRY, KMDAX, ATRW, KTPIS, and BCPS2440. Geographically, it generates the majority of its revenue within India.

Kernex Microsystems (India) Headlines

No Headlines