Jay Jalaram Technologies (NSE:KORE) Days Payable : 22.13 (As of Sep. 2023)

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What is Jay Jalaram Technologies Days Payable?

Jay Jalaram Technologies's average Accounts Payable for the six months ended in Sep. 2023 was ₹241 Mil. Jay Jalaram Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹1,986 Mil. Hence, Jay Jalaram Technologies's Days Payable for the six months ended in Sep. 2023 was 22.13.

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

NSE:KORE' s Days Payable Range Over the Past 10 Years
Min: 16.31 Med: 28.45 Max: 35.92
Current: 20.74

During the past 5 years, Jay Jalaram Technologies's highest Days Payable was 35.92. The lowest was 16.31. And the median was 28.45.

NSE:KORE's Days Payable is ranked worse than
84.57% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs NSE:KORE: 20.74

Jay Jalaram Technologies's Days Payable increased from Sep. 2022 (20.03) to Sep. 2023 (22.13). It may suggest that Jay Jalaram Technologies delayed paying its suppliers.

Jay Jalaram Technologies Days Payable Historical Data

The historical data trend for Jay Jalaram 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.

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Jay Jalaram Technologies Days Payable Chart

Jay Jalaram Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

35.92

26.75

16.31

28.45

28.89

Jay Jalaram Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			15.90	38.70	20.03	18.20	22.13

Competitive Comparison of Jay Jalaram Technologies's Days Payable

For the Internet Retail subindustry, Jay Jalaram 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.

Jay Jalaram Technologies's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jay Jalaram Technologies's Days Payable distribution charts can be found below:

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

Jay Jalaram 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.

Jay Jalaram Technologies'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
=	( (174.123	+	177.167)	/	2 )	/	2219.191	*	365
=	175.645					/	2219.191	*	365
=	28.89

Jay Jalaram Technologies's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (177.167	+	304.566)	/	2 )	/	1986.172	*	365 / 2
=	240.8665					/	1986.172	*	365 / 2
=	22.13

Jay Jalaram Technologies Days Payable Related Terms

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Jay Jalaram Technologies (NSE:KORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jay Jalaram Technologies Ltd (NSE:KORE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shilp Char Rasta, C. G. Road, Office No.103, Shail Mall, B/H. Girish Cold Drink, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

https://www.koremobiles.com

Jay Jalaram Technologies Ltd is engaged in multi-brand retail selling of smartphones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. It is also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers, etc. from brands like TCL, Haier, Daikin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron. The company operates under the brand name Kore Mobile. The company operates in two segments; Electronic Gadgets and Electric Vehicles. The Majority of revenue is derived from the Trading of the Electronic Gadgets Segment.