Route Mobile (BOM:543228) Days Payable : 70.84 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Route Mobile Days Payable?

Route Mobile's average Accounts Payable for the three months ended in Dec. 2023 was ₹6,268 Mil. Route Mobile's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹8,075 Mil. Hence, Route Mobile's Days Payable for the three months ended in Dec. 2023 was 70.84.

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

BOM:543228' s Days Payable Range Over the Past 10 Years
Min: 31.7 Med: 61.02 Max: 82.52
Current: 72.67

During the past 6 years, Route Mobile's highest Days Payable was 82.52. The lowest was 31.70. And the median was 61.02.

BOM:543228's Days Payable is ranked worse than
64.06% of 345 companies
in the Telecommunication Services industry
Industry Median: 101.41 vs BOM:543228: 72.67

Route Mobile's Days Payable increased from Sep. 2022 (47.28) to Dec. 2023 (70.84). It may suggest that Route Mobile delayed paying its suppliers.

Route Mobile Days Payable Historical Data

The historical data trend for Route Mobile'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.

Route Mobile Days Payable Chart

Route Mobile Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

31.70

57.55

67.84

82.52

61.92

Route Mobile Quarterly Data
	Mar18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial														47.28	40.59	53.65	62.41	70.84

Competitive Comparison of Route Mobile's Days Payable

For the Telecom Services subindustry, Route Mobile'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.

Route Mobile's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Route Mobile's Days Payable distribution charts can be found below:

* The bar in red indicates where Route Mobile's Days Payable falls into.

Route Mobile 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.

Route Mobile'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
=	( (4770.6	+	4670.1)	/	2 )	/	27825.6	*	365
=	4720.35					/	27825.6	*	365
=	61.92

Route Mobile'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
=	( (6268.2	+	0)	/	1 )	/	8074.6	*	365 / 4
=	6268.2					/	8074.6	*	365 / 4
=	70.84

Route Mobile Days Payable Related Terms

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

Route Mobile (BOM:543228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Route Mobile Ltd (BOM:543228) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ROUTE:India

Address

4th Dimension, 3rd Floor, Mind space, Malad (West), Mumbai, MH, IND, 400 064

Website

https://www.routemobile.com

Route Mobile Ltd is a Cloud Communication Platform provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO). Its range of enterprise communication services includes smart solutions in Messaging, Voice, Email, SMS Filtering, Analytics, and Monetization. The company's products and services include Messaging; Operator; Voice; Email; Identity Solution; and Bespoke Solutions. Its geographical operations are spread across India, Dubai, United Kingdom and Nigeria.

Route Mobile (BOM:543228) Headlines

No Headlines