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E Factor Experiences (NSE:EFACTOR) Days Payable : 120.69 (As of Mar. 2023)


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What is E Factor Experiences Days Payable?

E Factor Experiences's average Accounts Payable for the six months ended in Mar. 2023 was ₹317 Mil. E Factor Experiences's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹959 Mil. Hence, E Factor Experiences's Days Payable for the six months ended in Mar. 2023 was 60.35.

The historical rank and industry rank for E Factor Experiences's Days Payable or its related term are showing as below:

NSE:EFACTOR' s Days Payable Range Over the Past 10 Years
Min: 120.69   Med: 184.51   Max: 1967.81
Current: 120.69

During the past 3 years, E Factor Experiences's highest Days Payable was 1967.81. The lowest was 120.69. And the median was 184.51.

NSE:EFACTOR's Days Payable is ranked better than
79.57% of 925 companies
in the Business Services industry
Industry Median: 47.73 vs NSE:EFACTOR: 120.69

E Factor Experiences's Days Payable declined from Mar. 2021 (1,967.81) to Mar. 2023 (120.69). It may suggest that E Factor Experiences accelerated paying its suppliers.


E Factor Experiences Days Payable Historical Data

The historical data trend for E Factor Experiences'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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E Factor Experiences Days Payable Chart

E Factor Experiences Annual Data
Trend Mar21 Mar22 Mar23
Days Payable
1,967.81 184.51 120.69

E Factor Experiences Semi-Annual Data
Mar21 Mar22 Mar23
Days Payable 1,967.81 184.51 120.69

Competitive Comparison of E Factor Experiences's Days Payable

For the Specialty Business Services subindustry, E Factor Experiences'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.


E Factor Experiences's Days Payable Distribution in the Business Services Industry

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

* The bar in red indicates where E Factor Experiences's Days Payable falls into.



E Factor Experiences 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.

E Factor Experiences's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (320.387 + 313.906) / 2 ) / 959.125*365
=317.1465 / 959.125*365
=120.69

E Factor Experiences's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (320.387 + 313.906) / 2 ) / 959.125*365 / 2
=317.1465 / 959.125*365 / 2
=60.35

* 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.


E Factor Experiences Days Payable Related Terms

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E Factor Experiences (NSE:EFACTOR) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. A-49, Sec 67, Gautam Budh Nagar, Noida, UP, IND, 201301
E Factor Experiences Ltd company is engaged in providing the consumers and community with event experiences, event services, technology based permanent & semi-permanent multimedia light & sound installations and specialized turnkey event assignments, wedding management, private and social event solutions. It's portfolio services includes turnkey assignments in the form of Government commissioned Tourism Events and Festivals, techno-cultural light & sound shows, Sporting Events & Contests, Conferences, Mega Ground Concerts, Televised Events, private and social events like wedding and anniversary celebrations etc.

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