Tracxn Technologies (BOM:543638) Days Payable : 3.64 (As of Dec. 2023)

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What is Tracxn Technologies Days Payable?

Tracxn Technologies's average Accounts Payable for the three months ended in Dec. 2023 was ₹6.8 Mil. Tracxn Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹170.0 Mil. Hence, Tracxn Technologies's Days Payable for the three months ended in Dec. 2023 was 3.64.

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

BOM:543638' s Days Payable Range Over the Past 10 Years
Min: 3.64 Med: 5.98 Max: 7.2
Current: 4.77

During the past 4 years, Tracxn Technologies's highest Days Payable was 7.20. The lowest was 3.64. And the median was 5.98.

BOM:543638's Days Payable is ranked worse than
96.36% of 2526 companies
in the Software industry
Industry Median: 50.42 vs BOM:543638: 4.77

Tracxn Technologies's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (3.64). It may suggest that Tracxn Technologies delayed paying its suppliers.

Tracxn Technologies Days Payable Historical Data

The historical data trend for Tracxn 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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Tracxn Technologies Days Payable Chart

Tracxn Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

3.64

7.06

7.20

4.90

Tracxn Technologies Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							-	9.08	4.75	3.62	3.64

Competitive Comparison of Tracxn Technologies's Days Payable

For the Software - Application subindustry, Tracxn 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.

Tracxn Technologies's Days Payable Distribution in the Software Industry

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

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

Tracxn 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.

Tracxn Technologies'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
=	( (6.648	+	9.051)	/	2 )	/	585.006	*	365
=	7.8495					/	585.006	*	365
=	4.90

Tracxn Technologies'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
=	( (6.782	+	0)	/	1 )	/	170.001	*	365 / 4
=	6.782					/	170.001	*	365 / 4
=	3.64

Tracxn Technologies Days Payable Related Terms

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Tracxn Technologies (BOM:543638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tracxn Technologies Ltd (BOM:543638) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TRACXN:India

Address

Sector 6, H.S.R. Layout, L-248, 2nd Floor, 17th Cross, Bengaluru, KA, IND, 560 102

Website

https://www.tracxn.com

Tracxn Technologies Ltd provides market intelligence data for private companies. The company's extensive global database and customized solutions and features allow its customers to source and track companies across sectors and geographies to address requirements. It offers private company data to its customers for deal sourcing, identifying M&A targets, deal diligence, analysis, and tracking emerging themes across industries and markets, among other uses, through its Tracxn platform. Geographically the company generates its revenue from India, the United states of America, and other countries.

Tracxn Technologies (BOM:543638) Headlines

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