Sasken Technologies (BOM:532663) Days Payable : 17.07 (As of Mar. 2024)

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What is Sasken Technologies Days Payable?

Sasken Technologies's average Accounts Payable for the three months ended in Mar. 2024 was ₹163 Mil. Sasken Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹870 Mil. Hence, Sasken Technologies's Days Payable for the three months ended in Mar. 2024 was 17.07.

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

BOM:532663' s Days Payable Range Over the Past 10 Years
Min: 14.88 Med: 22.51 Max: 31.3
Current: 14.88

During the past 13 years, Sasken Technologies's highest Days Payable was 31.30. The lowest was 14.88. And the median was 22.51.

BOM:532663's Days Payable is ranked worse than
86.13% of 2531 companies
in the Software industry
Industry Median: 50.16 vs BOM:532663: 14.88

Sasken Technologies's Days Payable increased from Mar. 2023 (13.72) to Mar. 2024 (17.07). It may suggest that Sasken Technologies delayed paying its suppliers.

Sasken Technologies Days Payable Historical Data

The historical data trend for Sasken Technologies'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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Sasken Technologies Days Payable Chart

Sasken Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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22.37

23.58

22.65

17.17

16.18

Sasken Technologies 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															13.72	13.77	12.95	12.66	17.07

Competitive Comparison of Sasken Technologies's Days Payable

For the Information Technology Services subindustry, Sasken Technologies'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.

Sasken Technologies's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Sasken Technologies's Days Payable falls into.

Sasken Technologies 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.

Sasken Technologies'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
=	( (112.916	+	162.776)	/	2 )	/	3110.134	*	365
=	137.846					/	3110.134	*	365
=	16.18

Sasken Technologies'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	+	162.776)	/	1 )	/	870.137	*	365 / 4
=	162.776					/	870.137	*	365 / 4
=	17.07

Sasken Technologies Days Payable Related Terms

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Sasken Technologies (BOM:532663) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sasken Technologies Ltd (BOM:532663) » Definitions » Days Payable

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SASKEN:India

Address

No.139/25, Ring Road, Amarjyothi Layout, Domlur, Bangalore, IND, 560071

Website

https://www.sasken.com

Sasken Technologies Ltd is a software developer company. It is engaged in product engineering and digital transformation. The company provides concept-to-market, chip-to-cognition research and development services to semiconductors, automotive, industrials, smart devices and wearables, enterprise-grade devices, satcom, and retail industries. The company operates in single business segment that is Software Services. The Software Services generate maximum revenue for the company. Geographically, the company offers its products to North America, Europe, and the Asia Pacific. The North America region generates maximum revenue for the company.

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