Den Networks (NSE:DEN) Days Payable : 165.67 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Den Networks Days Payable?

Den Networks's average Accounts Payable for the three months ended in Mar. 2024 was ₹2,624 Mil. Den Networks's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,446 Mil. Hence, Den Networks's Days Payable for the three months ended in Mar. 2024 was 165.67.

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

NSE:DEN' s Days Payable Range Over the Past 10 Years
Min: 156.89 Med: 179.86 Max: 236.23
Current: 175.82

During the past 13 years, Den Networks's highest Days Payable was 236.23. The lowest was 156.89. And the median was 179.86.

NSE:DEN's Days Payable is ranked better than
74.05% of 925 companies
in the Media - Diversified industry
Industry Median: 79.7 vs NSE:DEN: 175.82

Den Networks's Days Payable increased from Mar. 2023 (161.34) to Mar. 2024 (165.67). It may suggest that Den Networks delayed paying its suppliers.

Den Networks Days Payable Historical Data

The historical data trend for Den Networks'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.

Den Networks Days Payable Chart

Den Networks Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

190.54

195.64

156.89

157.12

159.21

Den Networks Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															161.34	151.55	215.12	205.76	165.67

Competitive Comparison of Den Networks's Days Payable

For the Entertainment subindustry, Den Networks'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.

Den Networks's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Den Networks's Days Payable falls into.

Den Networks 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.

Den Networks'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
=	( (2671.4	+	2624.49)	/	2 )	/	6070.64	*	365
=	2647.945					/	6070.64	*	365
=	159.21

Den Networks'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	2624.49)	/	1 )	/	1445.59	*	365 / 4
=	2624.49					/	1445.59	*	365 / 4
=	165.67

Den Networks Days Payable Related Terms

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

Den Networks (NSE:DEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Den Networks Ltd (NSE:DEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

533137:India

Address

Okhla Industrial Estate, Phase-Ill, New Delhi, IND, 110 020

Website

https://www.dennetworks.com

Den Networks Ltd is a cable television company in India engaged in the distribution of analogue and digital cable television services. It provides visual entertainment to its customers through cable TV, over-the-top entertainment, telecommerce, and broadband services. The business segments of the company consist of primarily Cable and Broadband. Its Cable segment includes the distribution and promotion of television channels and the Broadband segment consists of providing internet services. The company generates most of its revenue from its cable segment. Geographically, it derives revenue from India.