IndiaNivesh (BOM:501700) Days Payable : 210.25 (As of Dec. 2023)

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What is IndiaNivesh Days Payable?

IndiaNivesh's average Accounts Payable for the three months ended in Dec. 2023 was ₹4.27 Mil. IndiaNivesh's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1.85 Mil. Hence, IndiaNivesh's Days Payable for the three months ended in Dec. 2023 was 210.25.

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

BOM:501700' s Days Payable Range Over the Past 10 Years
Min: 122.79 Med: 928.07 Max: 15233.53
Current: 156.85

During the past 13 years, IndiaNivesh's highest Days Payable was 15233.53. The lowest was 122.79. And the median was 928.07.

BOM:501700's Days Payable is ranked better than
56.19% of 525 companies
in the Capital Markets industry
Industry Median: 96.48 vs BOM:501700: 156.85

IndiaNivesh's Days Payable declined from Dec. 2022 (237.58) to Dec. 2023 (210.25). It may suggest that IndiaNivesh accelerated paying its suppliers.

IndiaNivesh Days Payable Historical Data

The historical data trend for IndiaNivesh'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.

* Premium members only.

IndiaNivesh Days Payable Chart

IndiaNivesh Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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492.26

928.07

15,233.53

987.31

136.30

IndiaNivesh 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															237.58	15.18	17.21	240.53	210.25

Competitive Comparison of IndiaNivesh's Days Payable

For the Capital Markets subindustry, IndiaNivesh'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.

IndiaNivesh's Days Payable Distribution in the Capital Markets Industry

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

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

IndiaNivesh 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.

IndiaNivesh'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
=	( (5.215	+	0.302)	/	2 )	/	7.387	*	365
=	2.7585					/	7.387	*	365
=	136.30

IndiaNivesh'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
=	( (4.265	+	0)	/	1 )	/	1.851	*	365 / 4
=	4.265					/	1.851	*	365 / 4
=	210.25

IndiaNivesh Days Payable Related Terms

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IndiaNivesh (BOM:501700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » IndiaNivesh Ltd (BOM:501700) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senapati Bapat Marg, 1703, Lodha Supremus, 17th Floor, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.indianivesh.in

IndiaNivesh Ltd is a non-banking financial company, which is engaged in trading and investing in securities. It operates through segments being Investment and Trading activities, Financing Activities, and Advisory and other services. It generates maximum revenue from the Financing Activities segment. The company purchases stressed assets and portfolios from banks and financial intermediaries and assists in the resolution of such no performing loans. It invests in quoted, as well as unquoted equity shares and in units of mutual funds.

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