SpaceNet Enterprises India (NSE:SPCENET) Days Payable : 66.64 (As of Dec. 2023)

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What is SpaceNet Enterprises India Days Payable?

SpaceNet Enterprises India's average Accounts Payable for the three months ended in Dec. 2023 was ₹182 Mil. SpaceNet Enterprises India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹249 Mil. Hence, SpaceNet Enterprises India's Days Payable for the three months ended in Dec. 2023 was 66.64.

The historical rank and industry rank for SpaceNet Enterprises India's Days Payable or its related term are showing as below:

NSE:SPCENET' s Days Payable Range Over the Past 10 Years
Min: 37.15 Med: 964.71 Max: 19429.75
Current: 69.75

During the past 12 years, SpaceNet Enterprises India's highest Days Payable was 19429.75. The lowest was 37.15. And the median was 964.71.

NSE:SPCENET's Days Payable is ranked worse than
56.63% of 528 companies
in the Capital Markets industry
Industry Median: 108.18 vs NSE:SPCENET: 69.75

SpaceNet Enterprises India's Days Payable increased from Dec. 2022 (44.98) to Dec. 2023 (66.64). It may suggest that SpaceNet Enterprises India delayed paying its suppliers.

SpaceNet Enterprises India Days Payable Historical Data

The historical data trend for SpaceNet Enterprises India'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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SpaceNet Enterprises India Days Payable Chart

SpaceNet Enterprises India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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13,678.81

1,281.12

712.15

46.99

37.15

SpaceNet Enterprises India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															44.98	67.74	82.07	64.75	66.64

Competitive Comparison of SpaceNet Enterprises India's Days Payable

For the Capital Markets subindustry, SpaceNet Enterprises India'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.

SpaceNet Enterprises India's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SpaceNet Enterprises India's Days Payable distribution charts can be found below:

* The bar in red indicates where SpaceNet Enterprises India's Days Payable falls into.

SpaceNet Enterprises India 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.

SpaceNet Enterprises India'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
=	( (101.059	+	168.225)	/	2 )	/	1323.011	*	365
=	134.642					/	1323.011	*	365
=	37.15

SpaceNet Enterprises India's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (181.62	+	0)	/	1 )	/	248.703	*	365 / 4
=	181.62					/	248.703	*	365 / 4
=	66.64

SpaceNet Enterprises India Days Payable Related Terms

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SpaceNet Enterprises India (NSE:SPCENET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SpaceNet Enterprises India Ltd (NSE:SPCENET) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street No. 03, Raidurgam, Prasanth Hills, Plot No. 114, Survey No. 66/2, Gachibowli, Nav Khalsa, Serilingampally, Ranga Reddy, Hyderabad, TG, IND, 500008

Website

https://www.spacenetent.com

SpaceNet Enterprises India Ltd is primarily engaged in the trading of commodities, providing Information Technology Services and online advertising services. It operates in a single segment that is Trading in commodities and derives revenue from the sale of commodities. Its investment enterprise is across a broad range of tech industries.

SpaceNet Enterprises India (NSE:SPCENET) Headlines

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