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India Home Loan (BOM:530979) Days Payable : 12.12 (As of Dec. 2023)


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What is India Home Loan Days Payable?

India Home Loan's average Accounts Payable for the three months ended in Dec. 2023 was ₹3.8 Mil. India Home Loan's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹28.4 Mil. Hence, India Home Loan's Days Payable for the three months ended in Dec. 2023 was 12.12.

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

BOM:530979' s Days Payable Range Over the Past 10 Years
Min: 1.73   Med: 7.87   Max: 12.63
Current: 11.6

During the past 13 years, India Home Loan's highest Days Payable was 12.63. The lowest was 1.73. And the median was 7.87.

BOM:530979's Days Payable is ranked worse than
72.41% of 29 companies
in the Banks industry
Industry Median: 58.9 vs BOM:530979: 11.60

India Home Loan's Days Payable increased from Dec. 2022 (7.90) to Dec. 2023 (12.12). It may suggest that India Home Loan delayed paying its suppliers.


India Home Loan Days Payable Historical Data

The historical data trend for India Home Loan'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.

India Home Loan Days Payable Chart

India Home Loan Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.51 4.66 1.73 3.50 8.94

India Home Loan 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.90 14.34 12.43 10.77 12.12

Competitive Comparison of India Home Loan's Days Payable

For the Mortgage Finance subindustry, India Home Loan'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.


India Home Loan's Days Payable Distribution in the Banks Industry

For the Banks industry and Financial Services sector, India Home Loan's Days Payable distribution charts can be found below:

* The bar in red indicates where India Home Loan's Days Payable falls into.



India Home Loan 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.

India Home Loan'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
=( (3.013 + 4.709) / 2 ) / 157.65*365
=3.861 / 157.65*365
=8.94

India Home Loan'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
=( (3.771 + 0) / 1 ) / 28.38*365 / 4
=3.771 / 28.38*365 / 4
=12.12

* 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.


India Home Loan Days Payable Related Terms

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India Home Loan (BOM:530979) Business Description

Traded in Other Exchanges
N/A
Address
Jatashankar Dossa Road, 504/504A, 5th Floor, Nirmal Ecstasy, Mulund (West), Mumbai, MH, IND, 400080
India Home Loan Ltd is a housing finance company in India. It offers home loan products for the housing segment. The company provides home loans to individuals and families for the purchase, construction, and extension of residential houses. In addition, it also provides loans for the repair and renovation of houses and offers mortgage loans against residential properties. The main source of revenue for the company is the interest received on loans.

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