KPIT Technologies (BOM:542651) Days Payable : 25.79 (As of Mar. 2024)

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What is KPIT Technologies Days Payable?

KPIT Technologies's average Accounts Payable for the three months ended in Mar. 2024 was ₹2,398 Mil. KPIT Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹8,485 Mil. Hence, KPIT Technologies's Days Payable for the three months ended in Mar. 2024 was 25.79.

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

BOM:542651' s Days Payable Range Over the Past 10 Years
Min: 23.26 Med: 30.77 Max: 4029.66
Current: 25.07

During the past 7 years, KPIT Technologies's highest Days Payable was 4029.66. The lowest was 23.26. And the median was 30.77.

BOM:542651's Days Payable is ranked worse than
72.99% of 2529 companies
in the Software industry
Industry Median: 50.36 vs BOM:542651: 25.07

KPIT Technologies's Days Payable increased from Mar. 2023 (22.52) to Mar. 2024 (25.79). It may suggest that KPIT Technologies delayed paying its suppliers.

KPIT Technologies Days Payable Historical Data

The historical data trend for KPIT 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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KPIT Technologies Days Payable Chart

KPIT Technologies Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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4,029.66

30.38

31.15

25.06

23.26

KPIT 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															22.52	20.81	28.68	28.13	25.79

Competitive Comparison of KPIT Technologies's Days Payable

For the Information Technology Services subindustry, KPIT 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.

KPIT Technologies's Days Payable Distribution in the Software Industry

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

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

KPIT 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.

KPIT 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
=	( (1643.35	+	2397.69)	/	2 )	/	31703.86	*	365
=	2020.52					/	31703.86	*	365
=	23.26

KPIT 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	+	2397.69)	/	1 )	/	8485.05	*	365 / 4
=	2397.69					/	8485.05	*	365 / 4
=	25.79

KPIT Technologies Days Payable Related Terms

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KPIT Technologies (BOM:542651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » KPIT Technologies Ltd (BOM:542651) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KPITTECH:India

Address

Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Taluka- Mulshi, Hinjawadi, Pune, MH, IND, 411057

Website

https://www.kpit.com

KPIT Technologies Ltd is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy, and Utilities companies. The Company derives revenues primarily from providing engineering services which includes design engineering services, embedded software development with its related services and from the sale of licenses and products. Geographically, it derives a majority of revenue from the Americas.

KPIT Technologies (BOM:542651) Headlines

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