Network People Services Technologies (NSE:NPST) Days Payable : 7.69 (As of Sep. 2023)

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What is Network People Services Technologies Days Payable?

Network People Services Technologies's average Accounts Payable for the six months ended in Sep. 2023 was ₹13.7 Mil. Network People Services Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹324.5 Mil. Hence, Network People Services Technologies's Days Payable for the six months ended in Sep. 2023 was 7.69.

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

NSE:NPST' s Days Payable Range Over the Past 10 Years
Min: 15.39 Med: 39.54 Max: 135
Current: 15.39

During the past 5 years, Network People Services Technologies's highest Days Payable was 135.00. The lowest was 15.39. And the median was 39.54.

NSE:NPST's Days Payable is ranked worse than
85.34% of 2531 companies
in the Software industry
Industry Median: 50.13 vs NSE:NPST: 15.39

Network People Services Technologies's Days Payable declined from Sep. 2022 (127.43) to Sep. 2023 (7.69). It may suggest that Network People Services Technologies accelerated paying its suppliers.

Network People Services Technologies Days Payable Historical Data

The historical data trend for Network People Services 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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Network People Services Technologies Days Payable Chart

Network People Services Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

22.14

29.50

111.54

135.00

39.54

Network People Services Technologies Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial				125.83	89.32	127.43	22.87	7.69

Competitive Comparison of Network People Services Technologies's Days Payable

For the Software - Application subindustry, Network People Services 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.

Network People Services Technologies's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Network People Services Technologies's Days Payable falls into.

Network People Services 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.

Network People Services 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
=	( (42.289	+	8.314)	/	2 )	/	233.545	*	365
=	25.3015					/	233.545	*	365
=	39.54

Network People Services 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
=	( (8.314	+	19.026)	/	2 )	/	324.526	*	365 / 2
=	13.67					/	324.526	*	365 / 2
=	7.69

Network People Services Technologies Days Payable Related Terms

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Network People Services Technologies (NSE:NPST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Network People Services Technologies Ltd (NSE:NPST) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No. 22, 306, 3rd Floor, Lodha Supremus II, Wagle Industrial Estate, Thane (West), Mumbai, MH, IND, 400604

Website

https://www.npstx.com

Network People Services Technologies Ltd is a banking technology service provider that offers software and mobility solutions to the banking and finance sector. It offers digital transformation solutions such as IMPS, Digital Wallet, UPI, and other smart art solutions. The company further offers software designing, consulting, development, and manpower provisioning services.

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