Vertoz Advertising (NSE:VERTOZ) Days Payable : 89.28 (As of Mar. 2024)

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What is Vertoz Advertising Days Payable?

Vertoz Advertising's average Accounts Payable for the three months ended in Mar. 2024 was ₹171 Mil. Vertoz Advertising's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹175 Mil. Hence, Vertoz Advertising's Days Payable for the three months ended in Mar. 2024 was 89.28.

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

NSE:VERTOZ' s Days Payable Range Over the Past 10 Years
Min: 41.76 Med: 104.33 Max: 218.54
Current: 41.76

During the past 9 years, Vertoz Advertising's highest Days Payable was 218.54. The lowest was 41.76. And the median was 104.33.

NSE:VERTOZ's Days Payable is ranked worse than
80.58% of 932 companies
in the Media - Diversified industry
Industry Median: 79.485 vs NSE:VERTOZ: 41.76

Vertoz Advertising's Days Payable increased from Mar. 2023 (47.44) to Mar. 2024 (89.28). It may suggest that Vertoz Advertising delayed paying its suppliers.

Vertoz Advertising Days Payable Historical Data

The historical data trend for Vertoz Advertising'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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Vertoz Advertising Days Payable Chart

Vertoz Advertising Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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104.33

64.21

85.94

61.70

48.09

Vertoz Advertising 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															47.44	46.10	30.78	18.83	89.28

Competitive Comparison of Vertoz Advertising's Days Payable

For the Advertising Agencies subindustry, Vertoz Advertising'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.

Vertoz Advertising's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Vertoz Advertising's Days Payable distribution charts can be found below:

* The bar in red indicates where Vertoz Advertising's Days Payable falls into.

Vertoz Advertising 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.

Vertoz Advertising'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
=	( (128.351	+	170.921)	/	2 )	/	1135.63	*	365
=	149.636					/	1135.63	*	365
=	48.09

Vertoz Advertising'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	+	170.921)	/	1 )	/	174.685	*	365 / 4
=	170.921					/	174.685	*	365 / 4
=	89.28

Vertoz Advertising Days Payable Related Terms

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Vertoz Advertising (NSE:VERTOZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Vertoz Advertising Ltd (NSE:VERTOZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

LBS Marg, 602, Avior, Nirmal Galaxy, Opposite Johnson and Johnson, Mulund West, Mumbai, MH, IND, 400080

Website

https://www.vertoz.com

Vertoz Advertising Ltd is a programmatic advertising company and offers advertising and other allied services to domestic/ overseas clients. The company's software platform offers real-time trading of digital advertising inventory between advertisers and publishers. It has only one Segment being Programmatic Advertising Business. The company operates in India.

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