Zicom Electronic Security Systems (NSE:ZICOM) Days Payable: 9,756.35 (As of Sep. 2020)


NSE:ZICOM Zicom Electronic Security Systems Ltd NSE:ZICOM
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What is Zicom Electronic Security Systems Days Payable?

Zicom Electronic Security Systems NSE:ZICOM 4 Days Payable is 9,756.35 as of Sep. 2020. GuruFocus rates NSE:ZICOM with a GF Score™ of 4/100.

Zicom Electronic Security Systems's average Accounts Payable for the six months ended in Sep. 2020 was ₹946.9 Mil. Zicom Electronic Security Systems's Cost of Goods Sold for the six months ended in Sep. 2020 was ₹17.7 Mil. Hence, Zicom Electronic Security Systems's Days Payable for the six months ended in Sep. 2020 was 9,756.35.

The historical rank and industry rank for Zicom Electronic Security Systems's Days Payable or its related term are showing as below:

NSE:ZICOM's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 46.84
* Ranked among companies with meaningful Days Payable only.

Zicom Electronic Security Systems's Days Payable increased from Sep. 2019 (3,575.56) to Sep. 2020 (9,756.35). It may suggest that Zicom Electronic Security Systems delayed paying its suppliers.


Zicom Electronic Security Systems Days Payable Related Terms


Zicom Electronic Security Systems Days Payable Historical Data

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The historical data trend for Zicom Electronic Security Systems'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.

Zicom Electronic Security Systems Days Payable Chart

Zicom Electronic Security Systems Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.78 130.22 379.10 979.43 1,131.93

Zicom Electronic Security Systems Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 948.44 998.12 3,575.56 713.24 9,756.35

NSE:ZICOM vs ALLE, ADT, MSA: Days Payable Comparison

For the Security & Protection Services subindustry, Zicom Electronic Security Systems'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.


Zicom Electronic Security Systems Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Zicom Electronic Security Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Zicom Electronic Security Systems's Days Payable falls into.


NSE:ZICOM
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Zicom Electronic Security Systems Ltd NSE:ZICOM
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Zicom Electronic Security Systems 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.

Zicom Electronic Security Systems's Days Payable for the fiscal year that ended in Mar. 2020 is calculated as

Days Payable (A: Mar. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2019 ) + Accounts Payable (A: Mar. 2020 )) / count ) / Cost of Goods Sold (A: Mar. 2020 )*Days in Period
=( (1894.3 + 950.1) / 2 ) / 458.6*365
=1422.2 / 458.6*365
=1,131.93

Zicom Electronic Security Systems's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

Days Payable (Q: Sep. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2020 ) + Accounts Payable (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (950.1 + 943.755) / 2 ) / 17.713*365 / 2
=946.9275 / 17.713*365 / 2
=9,756.35

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 9,756.35 mean?
Zicom Electronic Security Systems (NSE:ZICOM) has a Days Payable of 9,756.35 as of Sep. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zicom Electronic Security Systems and its competitors.
Is Zicom Electronic Security Systems' Days Payable too high?
Zicom Electronic Security Systems' current Days Payable is 9,756.35. The Business Services industry median Days Payable is 46.84. Zicom Electronic Security Systems' value of 9,756.35 is 20729.1% above this industry median. Overall, Zicom Electronic Security Systems has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Zicom Electronic Security Systems' Days Payable compare to ALLE and ADT?
Zicom Electronic Security Systems' Days Payable of 9,756.35 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.84. Zicom Electronic Security Systems' value of 9,756.35 is 20729.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Business Services company?
The median Days Payable among Business Services companies is 46.84, based on 943 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zicom Electronic Security Systems's current Days Payable of 9,756.35 is 20729.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zicom Electronic Security Systems and its competitors. For the Business Services industry, the median Days Payable is 46.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zicom Electronic Security Systems's current Days Payable is 9,756.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zicom Electronic Security Systems stock overvalued right now?
Zicom Electronic Security Systems (NSE:ZICOM) has a current Days Payable of 9,756.35. The current Days Payable is 9,756.35 and 20729.1% above the Business Services industry median of 46.84. Zicom Electronic Security Systems' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Zicom Electronic Security Systems (NSE:ZICOM), the current Days Payable is 9,756.35 as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zicom Electronic Security Systems Business Description

Address 45, Chimbai Road, Off Hill Road, Zicom House, Bandra (West), Mumbai, MH, IND, 400050
Zicom Electronic Security Systems Ltd markets and sells electronic security systems and equipment. The company sells, distributes, markets and installs and monitors electronic security systems, gadgets, and equipment and also provides annual maintenance services. Its products portfolio consists of access control systems, CCTV systems, finger print locks, fire alarm systems, intrusion detection systems, and video door phones. Majority of the revenue is derived from the provision of security and safety products and services.
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