Muthoot Capital Services (BOM:511766) Days Payable : 30.54 (As of Dec. 2023)

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What is Muthoot Capital Services Days Payable?

Muthoot Capital Services's average Accounts Payable for the three months ended in Dec. 2023 was ₹203 Mil. Muthoot Capital Services's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹605 Mil. Hence, Muthoot Capital Services's Days Payable for the three months ended in Dec. 2023 was 30.54.

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

BOM:511766' s Days Payable Range Over the Past 10 Years
Min: 0.06 Med: 25.19 Max: 49.36
Current: 44.77

During the past 13 years, Muthoot Capital Services's highest Days Payable was 49.36. The lowest was 0.06. And the median was 25.19.

BOM:511766's Days Payable is ranked worse than
52.11% of 284 companies
in the Credit Services industry
Industry Median: 48.93 vs BOM:511766: 44.77

Muthoot Capital Services's Days Payable declined from Dec. 2022 (59.94) to Dec. 2023 (30.54). It may suggest that Muthoot Capital Services accelerated paying its suppliers.

Muthoot Capital Services Days Payable Historical Data

The historical data trend for Muthoot Capital Services'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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Muthoot Capital Services Days Payable Chart

Muthoot Capital Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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26.32

23.09

30.60

42.99

49.36

Muthoot Capital Services 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															59.94	47.26	44.32	31.11	30.54

Competitive Comparison of Muthoot Capital Services's Days Payable

For the Credit Services subindustry, Muthoot Capital Services'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.

Muthoot Capital Services's Days Payable Distribution in the Credit Services Industry

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

* The bar in red indicates where Muthoot Capital Services's Days Payable falls into.

Muthoot Capital Services 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.

Muthoot Capital Services'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
=	( (284.9	+	310.482)	/	2 )	/	2201.256	*	365
=	297.691					/	2201.256	*	365
=	49.36

Muthoot Capital Services'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
=	( (202.529	+	0)	/	1 )	/	605.143	*	365 / 4
=	202.529					/	605.143	*	365 / 4
=	30.54

Muthoot Capital Services Days Payable Related Terms

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Muthoot Capital Services (BOM:511766) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Muthoot Capital Services Ltd (BOM:511766) » Definitions » Days Payable

Comparable Companies

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MUTHOOTCAP:India

Address

M.G. Road, 3rd Floor, Muthoot Towers, Ernakulam, Kochi, KL, IND, 682 035

Website

https://www.muthootcap.com

Muthoot Capital Services Ltd is an Indian non-banking finance company (NBFC). It offers fund-based financial services to retail, corporate and institutional customers. The portfolio of the company's commercial finance products is predominantly two-wheeler loans, public deposits, and business loans. It is engaged in the business of financing for the purchase of automobiles, mainly two-wheelers against hypothecation of the respective vehicles, corporate loans and granting of business and personal loans against Security of receivables and demand promissory notes. The company also engaged in the business of buying loan portfolios from other NBFCs financing the two-wheelers /small business/microfinance segment. All of the company's revenue is earned from India.

Muthoot Capital Services (BOM:511766) Headlines

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