Pace E Commerce Ventures (BOM:543637) Days Payable : 15.90 (As of Mar. 2024)

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What is Pace E Commerce Ventures Days Payable?

Pace E Commerce Ventures's average Accounts Payable for the six months ended in Mar. 2024 was ₹22.6 Mil. Pace E Commerce Ventures's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹259.0 Mil. Hence, Pace E Commerce Ventures's Days Payable for the six months ended in Mar. 2024 was 15.90.

The historical rank and industry rank for Pace E Commerce Ventures's Days Payable or its related term are showing as below:

BOM:543637' s Days Payable Range Over the Past 10 Years
Min: 10.84 Med: 66.59 Max: 149.17
Current: 10.84

During the past 5 years, Pace E Commerce Ventures's highest Days Payable was 149.17. The lowest was 10.84. And the median was 66.59.

BOM:543637's Days Payable is ranked worse than
99.01% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.03 vs BOM:543637: 10.84

Pace E Commerce Ventures's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (15.90). It may suggest that Pace E Commerce Ventures delayed paying its suppliers.

Pace E Commerce Ventures Days Payable Historical Data

The historical data trend for Pace E Commerce Ventures'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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Pace E Commerce Ventures Days Payable Chart

Pace E Commerce Ventures Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

77.67

149.17

55.51

17.19

23.35

Pace E Commerce Ventures Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			-	13.69	-	5.53	15.90

Competitive Comparison of Pace E Commerce Ventures's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Pace E Commerce Ventures'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.

Pace E Commerce Ventures's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Pace E Commerce Ventures's Days Payable distribution charts can be found below:

* The bar in red indicates where Pace E Commerce Ventures's Days Payable falls into.

Pace E Commerce Ventures 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.

Pace E Commerce Ventures'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
=	( (4.965	+	43.051)	/	2 )	/	375.231	*	365
=	24.008					/	375.231	*	365
=	23.35

Pace E Commerce Ventures'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (2.084	+	43.051)	/	2 )	/	258.953	*	365 / 2
=	22.5675					/	258.953	*	365 / 2
=	15.90

Pace E Commerce Ventures Days Payable Related Terms

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Pace E Commerce Ventures (BOM:543637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Pace E Commerce Ventures Ltd (BOM:543637) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shahibaug, Office no.423, 4th Floor, „C? Block, Sumel -11, Opposite Namaste Circle, Ahmedabad, GJ, IND, 380004

Website

https://www.cotandcandy.com

Pace E Commerce Ventures Ltd offers children's furniture, bedding, housewares and essentials. The company's product portfolio includes Beds and Cribs, Seating and Lounging, Storage and Organisers, Playroom Furniture, Bins and Baskets, Décor and Accessories, Kids Bedding, Baby Bedding, Baby and Kids Essentials, Dinning Essentials and Homeware, Sports Ride Ons and Outdoor, Art and Craft, Games and Puzzles, Scooters and Ride Ons, Dolls Action figures and soft toys.

Pace E Commerce Ventures (BOM:543637) Headlines

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