Suvidhaa Infoserve (NSE:SUVIDHAA) Days Payable : 41.48 (As of Dec. 2024)

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What is Suvidhaa Infoserve Days Payable?

Suvidhaa Infoserve's average Accounts Payable for the three months ended in Dec. 2024 was ₹12.5 Mil. Suvidhaa Infoserve's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹27.5 Mil. Hence, Suvidhaa Infoserve's Days Payable for the three months ended in Dec. 2024 was 41.48.

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

NSE:SUVIDHAA' s Days Payable Range Over the Past 10 Years
Min: 35 Med: 84.77 Max: 358.13
Current: 35

During the past 7 years, Suvidhaa Infoserve's highest Days Payable was 358.13. The lowest was 35.00. And the median was 84.77.

NSE:SUVIDHAA's Days Payable is ranked worse than
61.44% of 2536 companies
in the Software industry
Industry Median: 50.4 vs NSE:SUVIDHAA: 35.00

Suvidhaa Infoserve's Days Payable increased from Dec. 2023 (26.86) to Dec. 2024 (41.48). It may suggest that Suvidhaa Infoserve delayed paying its suppliers.

Suvidhaa Infoserve Days Payable Historical Data

The historical data trend for Suvidhaa Infoserve'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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Suvidhaa Infoserve Days Payable Chart

Suvidhaa Infoserve Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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49.53

84.77

103.19

68.11

42.48

Suvidhaa Infoserve 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															26.86	67.39	19.07	36.56	41.48

Competitive Comparison of Suvidhaa Infoserve's Days Payable

For the Information Technology Services subindustry, Suvidhaa Infoserve'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.

Suvidhaa Infoserve's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Suvidhaa Infoserve's Days Payable falls into.

Suvidhaa Infoserve 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.

Suvidhaa Infoserve'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
=	( (7.76	+	10.76)	/	2 )	/	79.57	*	365
=	9.26					/	79.57	*	365
=	42.48

Suvidhaa Infoserve'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
=	( (12.5	+	0)	/	1 )	/	27.5	*	365 / 4
=	12.5					/	27.5	*	365 / 4
=	41.48

Suvidhaa Infoserve Days Payable Related Terms

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Suvidhaa Infoserve Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Suvidhaa Infoserve Ltd (NSE:SUVIDHAA) » Definitions » Days Payable

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543281:India

Address

Mahakali Caves Road, 14, Olympus Industrial Estate, Andheri (East), Mumbai, MH, IND, 400 093

Website

https://www.suvidhaa.com

Suvidhaa Infoserve Ltd a is engaged in the business of providing marketplace technology services to small retail outlets (SMEs and MSMEs) to drive more customers to their physical stores. The company operates in one business segment which is E-commerce including payment services, trading of product, financial services under S-commerce, website development and maintenance, and related ancillary services. The company offers services including insurance, mutual funds, utility payments, travel ticketing as well as other retail products and services to their walk-in customers.

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