California Software Co (BOM:532386) Days Payable : 40.07 (As of Dec. 2023)

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What is California Software Co Days Payable?

California Software Co's average Accounts Payable for the three months ended in Dec. 2023 was ₹2.25 Mil. California Software Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5.13 Mil. Hence, California Software Co's Days Payable for the three months ended in Dec. 2023 was 40.07.

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

BOM:532386' s Days Payable Range Over the Past 10 Years
Min: 78.78 Med: 863.98 Max: 2848.99
Current: 78.78

During the past 13 years, California Software Co's highest Days Payable was 2848.99. The lowest was 78.78. And the median was 863.98.

BOM:532386's Days Payable is ranked better than
62.42% of 2536 companies
in the Software industry
Industry Median: 50.42 vs BOM:532386: 78.78

California Software Co's Days Payable declined from Dec. 2022 (69.35) to Dec. 2023 (40.07). It may suggest that California Software Co accelerated paying its suppliers.

California Software Co Days Payable Historical Data

The historical data trend for California Software Co'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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California Software Co Days Payable Chart

California Software Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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2,848.99

863.98

125.86

California Software Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															69.35	125.18	-	39.08	40.07

Competitive Comparison of California Software Co's Days Payable

For the Software - Application subindustry, California Software Co'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.

California Software Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, California Software Co's Days Payable distribution charts can be found below:

* The bar in red indicates where California Software Co's Days Payable falls into.

California Software Co 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.

California Software Co'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
=	( (3.396	+	3.523)	/	2 )	/	10.033	*	365
=	3.4595					/	10.033	*	365
=	125.86

California Software Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.253	+	0)	/	1 )	/	5.131	*	365 / 4
=	2.253					/	5.131	*	365 / 4
=	40.07

California Software Co Days Payable Related Terms

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California Software Co (BOM:532386) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » California Software Co Ltd (BOM:532386) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CALSOFT:India

Address

Workflo, Greeta Towers, Industrial Estate, OMR Phase 1, Perungudi, Chennai, TN, IND, 600096

Website

https://www.calsoftgroup.com

California Software Co Ltd is an offshore software product development company. It is engaged in providing outsourcing enterprise software solutions, information technology, and product engineering services. The services offered by the company include Big Data Analytics, Cloud computing, PV Services and Machine Learning Services.

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