DC Infotech And Communication (NSE:DCI) Days Payable : 69.72 (As of Mar. 2024)

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What is DC Infotech And Communication Days Payable?

DC Infotech And Communication's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,088 Mil. DC Infotech And Communication's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,424 Mil. Hence, DC Infotech And Communication's Days Payable for the three months ended in Mar. 2024 was 69.72.

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

NSE:DCI' s Days Payable Range Over the Past 10 Years
Min: 56.89 Med: 76.79 Max: 81.67
Current: 79.25

During the past 8 years, DC Infotech And Communication's highest Days Payable was 81.67. The lowest was 56.89. And the median was 76.79.

NSE:DCI's Days Payable is ranked better than
58.79% of 2422 companies
in the Hardware industry
Industry Median: 68.065 vs NSE:DCI: 79.25

DC Infotech And Communication's Days Payable declined from Mar. 2023 (80.57) to Mar. 2024 (69.72). It may suggest that DC Infotech And Communication accelerated paying its suppliers.

DC Infotech And Communication Days Payable Historical Data

The historical data trend for DC Infotech And Communication'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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DC Infotech And Communication Days Payable Chart

DC Infotech And Communication Annual Data

Trend

Mar17

Mar18

Feb19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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75.47

80.77

76.79

73.70

80.98

DC Infotech And Communication Quarterly Data
	Mar17	Mar18	Mar19	Jun19	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial												80.57	84.45	78.79	85.62	69.72

Competitive Comparison of DC Infotech And Communication's Days Payable

For the Electronics & Computer Distribution subindustry, DC Infotech And Communication'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.

DC Infotech And Communication's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DC Infotech And Communication's Days Payable distribution charts can be found below:

* The bar in red indicates where DC Infotech And Communication's Days Payable falls into.

DC Infotech And Communication 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.

DC Infotech And Communication'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
=	( (790.568	+	1087.652)	/	2 )	/	4233.017	*	365
=	939.11					/	4233.017	*	365
=	80.98

DC Infotech And Communication'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	+	1087.652)	/	1 )	/	1423.532	*	365 / 4
=	1087.652					/	1423.532	*	365 / 4
=	69.72

DC Infotech And Communication Days Payable Related Terms

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DC Infotech And Communication (NSE:DCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » DC Infotech And Communication Ltd (NSE:DCI) » Definitions » Days Payable

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543636:India

Address

Mogra Road, Unit No. 2, Aristocrate, Ground Floor, Lajya Compound, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.dcinfotech.com

DC Infotech And Communication Ltd is an IT Solution distribution company. The company has two operating segments; Products, and Security Software and services covering products like cabinets, motherboards, networking, security, surveillance, wireless, broadband, digital signage, firewalls, desktop virtualization, power solutions, and other solutions like network performance, digital performance, cloud security, enterprise security solutions, and other services pertaining to IT networking, security, and unified communication solutions.