HCL Technologies (NSE:HCLTECH) Days Payable : 13.91 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is HCL Technologies Days Payable?

HCL Technologies's average Accounts Payable for the three months ended in Mar. 2024 was ₹25,700 Mil. HCL Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹168,610 Mil. Hence, HCL Technologies's Days Payable for the three months ended in Mar. 2024 was 13.91.

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

NSE:HCLTECH' s Days Payable Range Over the Past 10 Years
Min: 14.15 Med: 18.61 Max: 27.8
Current: 14.37

During the past 13 years, HCL Technologies's highest Days Payable was 27.80. The lowest was 14.15. And the median was 18.61.

NSE:HCLTECH's Days Payable is ranked worse than
86.99% of 2529 companies
in the Software industry
Industry Median: 50.36 vs NSE:HCLTECH: 14.37

HCL Technologies's Days Payable declined from Mar. 2023 (15.78) to Mar. 2024 (13.91). It may suggest that HCL Technologies accelerated paying its suppliers.

HCL Technologies Days Payable Historical Data

The historical data trend for HCL 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.

* Premium members only.

HCL Technologies Days Payable Chart

HCL Technologies Annual Data

Trend

Jun14

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

16.96

14.15

15.46

15.37

14.47

HCL Technologies 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															15.78	14.82	14.55	14.05	13.91

Competitive Comparison of HCL Technologies's Days Payable

For the Information Technology Services subindustry, HCL 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.

HCL Technologies's Days Payable Distribution in the Software Industry

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

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

HCL 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.

HCL Technologies'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
=	( (25260	+	25700)	/	2 )	/	642770	*	365
=	25480					/	642770	*	365
=	14.47

HCL Technologies'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	+	25700)	/	1 )	/	168610	*	365 / 4
=	25700					/	168610	*	365 / 4
=	13.91

HCL Technologies Days Payable Related Terms

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

HCL Technologies (NSE:HCLTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » HCL Technologies Ltd (NSE:HCLTECH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

532281:India

Address

Technology Hub, Special Economic Zone, Plot No. 3A, Sector 126, Noida, UP, IND, 201 304

Website

https://www.hcltech.com

HCL Technologies Ltd provides enterprises with IT solutions in India. It focuses on offering Digital, Internet of Things Services, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering Services to solve business problems for clients. While the company is based in India, it has international clients in a large number of countries. It offers solutions to a variety of industries including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments IT and Business Services, Engineering and R&D Services, and Products and Platforms. The firm emphasizes consultation services for firms, with the goal to offer them digital and design solutions. Most of the firm's revenue comes from IT and Business Services segment.

HCL Technologies (NSE:HCLTECH) Headlines

No Headlines