Sonata Software (BOM:532221) Days Payable : 71.07 (As of Mar. 2024)

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What is Sonata Software Days Payable?

Sonata Software's average Accounts Payable for the three months ended in Mar. 2024 was ₹14,160 Mil. Sonata Software's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹18,181 Mil. Hence, Sonata Software's Days Payable for the three months ended in Mar. 2024 was 71.07.

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

BOM:532221' s Days Payable Range Over the Past 10 Years
Min: 59.83 Med: 67.27 Max: 93.99
Current: 93.99

During the past 13 years, Sonata Software's highest Days Payable was 93.99. The lowest was 59.83. And the median was 67.27.

BOM:532221's Days Payable is ranked better than
67.51% of 2527 companies
in the Software industry
Industry Median: 49.74 vs BOM:532221: 93.99

Sonata Software's Days Payable increased from Dec. 2022 (56.56) to Mar. 2024 (71.07). It may suggest that Sonata Software delayed 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.

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Sonata Software Days Payable Chart

Sonata Software Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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69.15

62.13

66.06

67.12

69.15

Sonata Software Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															56.56	73.05	82.65	65.74	71.07

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.

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 )	/	71542.5	*	365
=	13554.1					/	71542.5	*	365
=	69.15

Sonata Software'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	+	14159.5)	/	1 )	/	18180.8	*	365 / 4
=	14159.5					/	18180.8	*	365 / 4
=	71.07

Sonata Software Days Payable Related Terms

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Sonata Software (BOM:532221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sonata Software Ltd (BOM:532221) » Definitions » Days Payable

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SONATSOFTW:India

Address

Bull Temple Road, N.R. Colony, 1/4, APS Trust Building, Bengaluru, KA, IND, 560 004

Website

https://www.sonata-software.com

Sonata Software Ltd is a technology company. The Company is engaged in the business of software/hardware products and licenses including related services in India which constitutes a single business segment. 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; Consumer Packaged Goods (CPG), Distribution and Manufacturing; Agri Commodity Business, and Service Industries. Its solution portfolio includes its digital platform such as Brick and Click Retail Platform, Modern Distribution Platform, Rezopia Digital Travel Platform, RAPID DevOps Platform, Kartopia E-commerce Platform, Halosys Mobility Platform, Commodity CTRM Platform, and others.

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