SAR Televenture (NSE:SARTELE) Days Payable : 30.06 (As of Mar. 2024)

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What is SAR Televenture Days Payable?

SAR Televenture's average Accounts Payable for the six months ended in Mar. 2024 was ₹84 Mil. SAR Televenture's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹1,017 Mil. Hence, SAR Televenture's Days Payable for the six months ended in Mar. 2024 was 15.03.

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

NSE:SARTELE' s Days Payable Range Over the Past 10 Years
Min: 23.21 Med: 37.65 Max: 79.48
Current: 30.06

During the past 4 years, SAR Televenture's highest Days Payable was 79.48. The lowest was 23.21. And the median was 37.65.

NSE:SARTELE's Days Payable is ranked worse than
87.17% of 343 companies
in the Telecommunication Services industry
Industry Median: 102.01 vs NSE:SARTELE: 30.06

SAR Televenture's Days Payable declined from Mar. 2022 (45.24) to Mar. 2024 (30.06). It may suggest that SAR Televenture accelerated paying its suppliers.

SAR Televenture Days Payable Historical Data

The historical data trend for SAR Televenture'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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SAR Televenture Days Payable Chart

SAR Televenture Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

79.48

45.24

23.21

30.06

SAR Televenture Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Days Payable	79.48	45.24	23.21	30.06

Competitive Comparison of SAR Televenture's Days Payable

For the Telecom Services subindustry, SAR Televenture'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.

SAR Televenture's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SAR Televenture's Days Payable distribution charts can be found below:

* The bar in red indicates where SAR Televenture's Days Payable falls into.

SAR Televenture 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.

SAR Televenture'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
=	( (24.914	+	142.59)	/	2 )	/	1016.888	*	365
=	83.752					/	1016.888	*	365
=	30.06

SAR Televenture'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: Mar. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (24.914	+	142.59)	/	2 )	/	1016.888	*	365 / 2
=	83.752					/	1016.888	*	365 / 2
=	15.03

SAR Televenture Days Payable Related Terms

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SAR Televenture Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SAR Televenture Ltd (NSE:SARTELE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-16, First floor, Sector 2, Noida, UP, IND, 201301

Website

https://www.sarteleventure.com

SAR Televenture Ltd is a passive telecommunication infrastructure-providing company in the business of installing and commissioning telecom towers in India. The company is engaged in General construction (including alteration, addition, repair, and maintenance) of 4G & 5G Networks Towers, carried out on an own-account basis or a fee or contract basis.

SAR Televenture Headlines

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