Brightcom Group (NSE:BCG) Days Payable : 25.23 (As of Jun. 2023)

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What is Brightcom Group Days Payable?

Brightcom Group's average Accounts Payable for the three months ended in Jun. 2023 was ₹2,658 Mil. Brightcom Group's Cost of Goods Sold for the three months ended in Jun. 2023 was ₹9,612 Mil. Hence, Brightcom Group's Days Payable for the three months ended in Jun. 2023 was 25.23.

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

NSE:BCG' s Days Payable Range Over the Past 10 Years
Min: 17.63 Med: 22.95 Max: 87.35
Current: 17.63

During the past 13 years, Brightcom Group's highest Days Payable was 87.35. The lowest was 17.63. And the median was 22.95.

NSE:BCG's Days Payable is ranked worse than
90.45% of 932 companies
in the Media - Diversified industry
Industry Median: 79.485 vs NSE:BCG: 17.63

Brightcom Group's Days Payable increased from Jun. 2022 (19.32) to Jun. 2023 (25.23). It may suggest that Brightcom Group delayed paying its suppliers.

Brightcom Group Days Payable Historical Data

The historical data trend for Brightcom Group'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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Brightcom Group Days Payable Chart

Brightcom Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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20.28

22.46

24.77

18.45

18.65

Brightcom Group Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Payable	Get a 7-Day Free Trial															19.32	18.74	10.60	31.65	25.23

Competitive Comparison of Brightcom Group's Days Payable

For the Advertising Agencies subindustry, Brightcom Group'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.

Brightcom Group's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Brightcom Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Brightcom Group's Days Payable falls into.

Brightcom Group 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.

Brightcom Group'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
=	( (1781.138	+	2657.833)	/	2 )	/	43447.973	*	365
=	2219.4855					/	43447.973	*	365
=	18.65

Brightcom Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (2657.833	+	0)	/	1 )	/	9612.063	*	365 / 4
=	2657.833					/	9612.063	*	365 / 4
=	25.23

Brightcom Group Days Payable Related Terms

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Brightcom Group (NSE:BCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Brightcom Group Ltd (NSE:BCG) » Definitions » Days Payable

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Traded in Other Exchanges

532368:India

Address

Road No. 2, Nanakramguda, 5th Floor, Fairfield by Marriott, Gachibowli, Hyderabad, TG, IND, 500032

Website

https://www.brightcomgroup.com

Brightcom Group Ltd is an Indian service company. It is engaged in providing digital marketing services, and the development of computer software and services locally and overseas. The firm operates through two segments: Digital Marketing and Software Development Segment. The company is also an information technology implementation and outsourcing services provider. It offers digital marketing solutions to businesses, agencies and online publishers around the world. It provides enterprise solution offerings and specializes in enterprise resource planning (ERP) solutions, Microsoft, and open source systems development. The firm derives key revenue from Digital Marketing Segment. Substantial revenue is generated from export sales of software and services.

Brightcom Group (NSE:BCG) Headlines

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