Sonata Software (NSE:SONATSOFTW) Days Payable : 58.66 (As of Dec. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Sonata Software Days Payable?

Sonata Software's average Accounts Payable for the three months ended in Dec. 2024 was ₹15,664 Mil. Sonata Software's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹24,366 Mil. Hence, Sonata Software's Days Payable for the three months ended in Dec. 2024 was 58.66.

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

NSE:SONATSOFTW' s Days Payable Range Over the Past 10 Years
Min: 59.88 Med: 67.57 Max: 80.46
Current: 63.63

During the past 13 years, Sonata Software's highest Days Payable was 80.46. The lowest was 59.88. And the median was 67.57.

NSE:SONATSOFTW's Days Payable is ranked better than
57.95% of 2540 companies
in the Software industry
Industry Median: 51.385 vs NSE:SONATSOFTW: 63.63

Sonata Software's Days Payable declined from Dec. 2023 (65.74) to Dec. 2024 (58.66). It may suggest that Sonata Software accelerated paying its suppliers.

Sonata Software Days Payable Historical Data

The historical data trend for Sonata Software'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.

Sonata Software Days Payable Chart

Sonata Software Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

69.15

62.13

66.06

67.71

69.84

Sonata Software 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															65.74	73.94	59.91	79.24	58.66

Competitive Comparison of Sonata Software's Days Payable

For the Information Technology Services subindustry, Sonata Software'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.

Sonata Software's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Sonata Software's Days Payable falls into.

Save Embed

;

Save Embed

;

Sonata Software 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.

Sonata Software'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
=	( (12948.7	+	14159.5)	/	2 )	/	70835.5	*	365
=	13554.1					/	70835.5	*	365
=	69.84

Sonata Software'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
=	( (15663.7	+	0)	/	1 )	/	24366	*	365 / 4
=	15663.7					/	24366	*	365 / 4
=	58.66

Sonata Software Days Payable Related Terms

Thank you for viewing the detailed overview of Sonata Software's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sonata Software Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sonata Software Ltd (NSE:SONATSOFTW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

532221:India

Address

Mysore Road, Tower-A, Sonata Towers, RVCE Post, Global Village (Sattva Global City), Bengaluru, KA, IND, 560059

Website

https://www.sonata-software.com

Sonata Software Ltd is a technology company. The company is engaged in the business of software development, technical services, and product marketing. The company's geographical segments include India and Other than India. It generates maximum revenue from India. The company serves ISVs (Independent Software Vendors); Travel and Tourism; Retail; BFSI; and other industries. Its solution portfolio includes SAP Modernization, Application Management, Managed Cloud Services, Technology Consulting, and other technology-related products and services.

Sonata Software Headlines

No Headlines