Sparc Electrex (BOM:531370) Days Payable : 38.17 (As of Mar. 2024)

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What is Sparc Electrex Days Payable?

Sparc Electrex's average Accounts Payable for the three months ended in Mar. 2024 was ₹14.68 Mil. Sparc Electrex's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹35.10 Mil. Hence, Sparc Electrex's Days Payable for the three months ended in Mar. 2024 was 38.17.

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

BOM:531370' s Days Payable Range Over the Past 10 Years
Min: 48.71 Med: 146 Max: 3102.5
Current: 134.89

During the past 13 years, Sparc Electrex's highest Days Payable was 3102.50. The lowest was 48.71. And the median was 146.00.

BOM:531370's Days Payable is ranked better than
81.19% of 925 companies
in the Business Services industry
Industry Median: 47.73 vs BOM:531370: 134.89

Sparc Electrex's Days Payable declined from Mar. 2023 (1,456.77) to Mar. 2024 (38.17). It may suggest that Sparc Electrex accelerated paying its suppliers.

Sparc Electrex Days Payable Historical Data

The historical data trend for Sparc Electrex'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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Sparc Electrex Days Payable Chart

Sparc Electrex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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104.29

48.71

182.45

119.22

Sparc Electrex Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															1,456.77	354.21	364.02	214.68	38.17

Competitive Comparison of Sparc Electrex's Days Payable

For the Security & Protection Services subindustry, Sparc Electrex'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.

Sparc Electrex's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sparc Electrex's Days Payable distribution charts can be found below:

* The bar in red indicates where Sparc Electrex's Days Payable falls into.

Sparc Electrex 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.

Sparc Electrex'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
=	( (24.362	+	14.68)	/	2 )	/	59.764	*	365
=	19.521					/	59.764	*	365
=	119.22

Sparc Electrex's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	14.68)	/	1 )	/	35.098	*	365 / 4
=	14.68					/	35.098	*	365 / 4
=	38.17

Sparc Electrex Days Payable Related Terms

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Sparc Electrex (BOM:531370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sparc Electrex Ltd (BOM:531370) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

198, Linking Road, 1202, 12th Floor, Esperanza Building, Next to Bank of Baroda, Bandra (West), Mumbai, MH, IND, 400 050

Website

https://www.sparcelectrex.com

Sparc Electrex Ltd is an Indian company which is engaged in providing software and hardware electronic security solutions. The company's products include video conference solutions, mobile ATMs, GPS tracking, GSM/GPRS/SMS solutions, security systems, fire and intrusion detection systems, access control systems, home security systems, building management systems, and other.

Sparc Electrex (BOM:531370) Headlines

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