XTGlobal Infotech (NSE:XTGLOBAL) Days Payable : 16.62 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is XTGlobal Infotech Days Payable?

XTGlobal Infotech's average Accounts Payable for the three months ended in Dec. 2024 was ₹69 Mil. XTGlobal Infotech's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹378 Mil. Hence, XTGlobal Infotech's Days Payable for the three months ended in Dec. 2024 was 16.62.

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

NSE:XTGLOBAL' s Days Payable Range Over the Past 10 Years
Min: 18.09 Med: 3885.96 Max: 15519.58
Current: 18.49

During the past 13 years, XTGlobal Infotech's highest Days Payable was 15519.58. The lowest was 18.09. And the median was 3885.96.

NSE:XTGLOBAL's Days Payable is ranked worse than
81.25% of 2539 companies
in the Software industry
Industry Median: 51.44 vs NSE:XTGLOBAL: 18.49

XTGlobal Infotech's Days Payable declined from Dec. 2023 (17.00) to Dec. 2024 (16.62). It may suggest that XTGlobal Infotech accelerated paying its suppliers.

XTGlobal Infotech Days Payable Historical Data

The historical data trend for XTGlobal Infotech'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.

XTGlobal Infotech Days Payable Chart

XTGlobal Infotech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

8,795.59

15,519.58

84.79

18.09

20.24

XTGlobal Infotech 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															17.00	20.19	20.23	15.91	16.62

Competitive Comparison of XTGlobal Infotech's Days Payable

For the Software - Application subindustry, XTGlobal Infotech'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.

XTGlobal Infotech's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where XTGlobal Infotech's Days Payable falls into.

Save Embed

;

Save Embed

;

XTGlobal Infotech 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.

XTGlobal Infotech'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
=	( (104.433	+	91.72)	/	2 )	/	1768.343	*	365
=	98.0765					/	1768.343	*	365
=	20.24

XTGlobal Infotech'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
=	( (68.914	+	0)	/	1 )	/	378.36	*	365 / 4
=	68.914					/	378.36	*	365 / 4
=	16.62

XTGlobal Infotech Days Payable Related Terms

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

XTGlobal Infotech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » XTGlobal Infotech Ltd (NSE:XTGLOBAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

531225:India

Address

Plot No. 31 (Part) and 32, 3rd Floor, Tower A, Ramky Selenium, Financial District, Nanakramguda, Hyderabad, TG, IND, 500 032

Website

https://www.xtglobal.com

XTGlobal Infotech Ltd is a software development company. The company is engaged in providing Application Transformation Management, Cloud and Infrastructure, Digital Business Services, Quality Assurance and Product Engineering. Its Oracle enterprise solutions include Oracle Cloud, Migrations and upgrades, Implementations, Support managed services, Oracle integrations and Oracle Analytics.

XTGlobal Infotech Headlines

No Headlines