Techknowgreen Solutions (BOM:543991) Days Payable : 128.46 (As of Sep. 2023)

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What is Techknowgreen Solutions Days Payable?

Techknowgreen Solutions's average Accounts Payable for the six months ended in Sep. 2023 was ₹10.05 Mil. Techknowgreen Solutions's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹14.28 Mil. Hence, Techknowgreen Solutions's Days Payable for the six months ended in Sep. 2023 was 128.46.

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

BOM:543991' s Days Payable Range Over the Past 10 Years
Min: 113.14 Med: 118.28 Max: 271.44
Current: 256.93

During the past 3 years, Techknowgreen Solutions's highest Days Payable was 271.44. The lowest was 113.14. And the median was 118.28.

BOM:543991's Days Payable is ranked better than
90.67% of 922 companies
in the Business Services industry
Industry Median: 47.92 vs BOM:543991: 256.93

Techknowgreen Solutions's Days Payable increased from Mar. 2022 (0.00) to Sep. 2023 (128.46). It may suggest that Techknowgreen Solutions delayed paying its suppliers.

Techknowgreen Solutions Days Payable Historical Data

The historical data trend for Techknowgreen Solutions'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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Techknowgreen Solutions Days Payable Chart

Techknowgreen Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

271.44

113.14

118.28

Techknowgreen Solutions Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
Days Payable	-	-	-	128.46

Competitive Comparison of Techknowgreen Solutions's Days Payable

For the Consulting Services subindustry, Techknowgreen Solutions'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.

Techknowgreen Solutions's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Techknowgreen Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Techknowgreen Solutions's Days Payable falls into.

Techknowgreen Solutions 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.

Techknowgreen Solutions'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
=	( (6.114	+	6.966)	/	2 )	/	20.181	*	365
=	6.54					/	20.181	*	365
=	118.28

Techknowgreen Solutions's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (6.966	+	13.132)	/	2 )	/	14.276	*	365 / 2
=	10.049					/	14.276	*	365 / 2
=	128.46

Techknowgreen Solutions Days Payable Related Terms

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Techknowgreen Solutions (BOM:543991) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Techknowgreen Solutions Ltd (BOM:543991) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flat-202, Hem Opal Apartment, Plot No. 26, Ekta Park Society, Wakdewadi, Pune, MH, IND, 411003

Website

http://www.techknowgreen.com

Techknowgreen Solutions Ltd is an environmental consulting company. It is engaged in the business of 'providing consulting services in almost every realm of environment & infrastructure planning, solutions to every problem of environment & climate change, which are both environmentally as well as economically feasible. It is one of the first companies in India to provide environmental IT solutions through cutting-edge software applications and compliance solutions. The company has diverse experience in handling complex projects across various industries like infrastructure, chemical, automobile, healthcare, manufacturing, real estate and national/state governments. Its client base includes government, semi-government organizations, MNCs, large companies, mid-size companies and MSMEs.

Techknowgreen Solutions (BOM:543991) Headlines

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