Infollion Research Services (NSE:INFOLLION) Days Payable : 5.05 (As of Mar. 2024)

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What is Infollion Research Services Days Payable?

Infollion Research Services's average Accounts Payable for the six months ended in Mar. 2024 was ₹9.4 Mil. Infollion Research Services's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹338.0 Mil. Hence, Infollion Research Services's Days Payable for the six months ended in Mar. 2024 was 5.05.

The historical rank and industry rank for Infollion Research Services's Days Payable or its related term are showing as below:

NSE:INFOLLION' s Days Payable Range Over the Past 10 Years
Min: 6.75 Med: 6.77 Max: 8.06
Current: 8.06

During the past 5 years, Infollion Research Services's highest Days Payable was 8.06. The lowest was 6.75. And the median was 6.77.

NSE:INFOLLION's Days Payable is ranked worse than
91.65% of 922 companies
in the Business Services industry
Industry Median: 47.71 vs NSE:INFOLLION: 8.06

Infollion Research Services's Days Payable declined from Mar. 2023 (7.42) to Mar. 2024 (5.05). It may suggest that Infollion Research Services accelerated paying its suppliers.

Infollion Research Services Days Payable Historical Data

The historical data trend for Infollion Research Services'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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Infollion Research Services Days Payable Chart

Infollion Research Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

6.78

6.75

Infollion Research Services Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			-	37.65	7.42	31.48	5.05

Competitive Comparison of Infollion Research Services's Days Payable

For the Staffing & Employment Services subindustry, Infollion Research Services'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.

Infollion Research Services's Days Payable Distribution in the Business Services Industry

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

* The bar in red indicates where Infollion Research Services's Days Payable falls into.

Infollion Research Services 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.

Infollion Research Services'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
=	( (7.293	+	7.219)	/	2 )	/	392.491	*	365
=	7.256					/	392.491	*	365
=	6.75

Infollion Research Services'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (11.496	+	7.219)	/	2 )	/	338.022	*	365 / 2
=	9.3575					/	338.022	*	365 / 2
=	5.05

Infollion Research Services Days Payable Related Terms

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Infollion Research Services (NSE:INFOLLION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Infollion Research Services Ltd (NSE:INFOLLION) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unitech Cyber Park, 3rd floor, Tower B, Sector 39, Gurgaon, Gurugram, HR, IND, 122002

Website

https://www.infollion.com

Infollion Research Services Ltd is a tech-oriented marketplace, operating in the B2B Human Cloud segment, catering to on-demand contingent hiring and work arrangements with senior management talent, subject matter experts, and high-ranking, seasoned professionals. It provides a platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to connect and find synergetic outcomes. The company operates in the premium segment of the gig economy and is one of the enablers of contingent hiring, temporary workforce management, contracting SOW employees, high-level independent consultations, knowledge tours, and more. It caters to global hiring requirements for our domestic and international clients.

Infollion Research Services (NSE:INFOLLION) Headlines

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