Response Informatics (BOM:538273) Days Payable : 33.65 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Response Informatics Days Payable?

Response Informatics's average Accounts Payable for the three months ended in Dec. 2023 was ₹23.2 Mil. Response Informatics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹63.0 Mil. Hence, Response Informatics's Days Payable for the three months ended in Dec. 2023 was 33.65.

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

BOM:538273' s Days Payable Range Over the Past 10 Years
Min: 8.96 Med: 64.73 Max: 373.81
Current: 23.88

During the past 10 years, Response Informatics's highest Days Payable was 373.81. The lowest was 8.96. And the median was 64.73.

BOM:538273's Days Payable is ranked worse than
74.31% of 2526 companies
in the Software industry
Industry Median: 50.42 vs BOM:538273: 23.88

Response Informatics's Days Payable increased from Dec. 2022 (8.53) to Dec. 2023 (33.65). It may suggest that Response Informatics delayed paying its suppliers.

Response Informatics Days Payable Historical Data

The historical data trend for Response Informatics'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.

* Premium members only.

Response Informatics Days Payable Chart

Response Informatics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

8.96

10.82

96.97

Response Informatics 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															8.53	81.34	24.98	30.88	33.65

Competitive Comparison of Response Informatics's Days Payable

For the Software - Application subindustry, Response Informatics'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.

Response Informatics's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Response Informatics's Days Payable falls into.

Response Informatics 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.

Response Informatics'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
=	( (0	+	19.219)	/	1 )	/	72.34	*	365
=	19.219					/	72.34	*	365
=	96.97

Response Informatics'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
=	( (23.247	+	0)	/	1 )	/	63.041	*	365 / 4
=	23.247					/	63.041	*	365 / 4
=	33.65

Response Informatics Days Payable Related Terms

Thank you for viewing the detailed overview of Response Informatics's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Response Informatics (BOM:538273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Response Informatics Ltd (BOM:538273) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 42, Nagarjuna Hills, Punjagutta, Hyderabad, TG, IND, 500082

Website

https://www.responseinformaticsltd.com

Response Informatics Ltd is involved in providing information technology solutions. Its services include Blockchain Technology, Artificial Intelligence and Machine Learning, Internet of Things and Robotic Process Automation (RPA), IT Staffing and Human Resource Services, and Management End-End Servicing. It derives revenue from software Staffing, Consultancy, and allied services.

Response Informatics (BOM:538273) Headlines

No Headlines