Aarvi Encon (NSE:AARVI) Days Payable : 12.82 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Aarvi Encon Days Payable?

Aarvi Encon's average Accounts Payable for the three months ended in Dec. 2023 was ₹103 Mil. Aarvi Encon's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹731 Mil. Hence, Aarvi Encon's Days Payable for the three months ended in Dec. 2023 was 12.82.

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

NSE:AARVI' s Days Payable Range Over the Past 10 Years
Min: 7.26 Med: 17.86 Max: 43.85
Current: 13.81

During the past 11 years, Aarvi Encon's highest Days Payable was 43.85. The lowest was 7.26. And the median was 17.86.

NSE:AARVI's Days Payable is ranked worse than
86.15% of 924 companies
in the Business Services industry
Industry Median: 47.84 vs NSE:AARVI: 13.81

Aarvi Encon's Days Payable declined from Dec. 2022 (13.21) to Dec. 2023 (12.82). It may suggest that Aarvi Encon accelerated paying its suppliers.

Aarvi Encon Days Payable Historical Data

The historical data trend for Aarvi Encon'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.

Aarvi Encon Days Payable Chart

Aarvi Encon Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

7.26

16.87

18.84

14.16

13.56

Aarvi Encon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															13.21	17.45	13.34	12.52	12.82

Competitive Comparison of Aarvi Encon's Days Payable

For the Staffing & Employment Services subindustry, Aarvi Encon'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.

Aarvi Encon's Days Payable Distribution in the Business Services Industry

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

* The bar in red indicates where Aarvi Encon's Days Payable falls into.

Aarvi Encon 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.

Aarvi Encon'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
=	( (101.904	+	102.147)	/	2 )	/	2745.99	*	365
=	102.0255					/	2745.99	*	365
=	13.56

Aarvi Encon'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
=	( (102.103	+	103.458)	/	2 )	/	731.487	*	365 / 4
=	102.7805					/	731.487	*	365 / 4
=	12.82

Aarvi Encon Days Payable Related Terms

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

Aarvi Encon (NSE:AARVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aarvi Encon Ltd (NSE:AARVI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

G.K. Road, Marathon Innova, B1 Wing, 603, Marathon NextGen Complex, Opposite Peninsula Corporate Park, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.aarviencon.com

Aarvi Encon Ltd is a technical manpower outsourcing company providing Staffing solutions to companies in different sectors. Its services include Information Technology Staffing, Manpower Outsourcing, Manpower Deputation, Project Management, Construction Supervision, and Inspection Services, among others. The company caters its services to industries such as Oil and Gas, Engineering, Metals and Minerals, Fertilizer, Telecom, Pipeline, Infrastructure, and others. Geographically, it generates the majority of the revenue from India.

Aarvi Encon (NSE:AARVI) Headlines

No Headlines