Sarthak Global (BOM:530993) Days Payable : 560.99 (As of Dec. 2023)

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What is Sarthak Global Days Payable?

Sarthak Global's average Accounts Payable for the three months ended in Dec. 2023 was ₹6.82 Mil. Sarthak Global's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1.11 Mil. Hence, Sarthak Global's Days Payable for the three months ended in Dec. 2023 was 560.99.

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

BOM:530993' s Days Payable Range Over the Past 10 Years
Min: 1.5 Med: 34.5 Max: 1285.21
Current: 798.85

During the past 13 years, Sarthak Global's highest Days Payable was 1285.21. The lowest was 1.50. And the median was 34.50.

BOM:530993's Days Payable is ranked better than
77.33% of 525 companies
in the Capital Markets industry
Industry Median: 102.67 vs BOM:530993: 798.85

Sarthak Global's Days Payable declined from Dec. 2022 (2,856.48) to Dec. 2023 (560.99). It may suggest that Sarthak Global accelerated paying its suppliers.

Sarthak Global Days Payable Historical Data

The historical data trend for Sarthak Global'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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Sarthak Global Days Payable Chart

Sarthak Global Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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34.50

20.42

68.97

698.73

1,285.21

Sarthak Global 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															2,856.48	93.72	2,977.32	569.73	560.99

Competitive Comparison of Sarthak Global's Days Payable

For the Capital Markets subindustry, Sarthak Global'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.

Sarthak Global's Days Payable Distribution in the Capital Markets Industry

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

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

Sarthak Global 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.

Sarthak Global'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
=	( (151.843	+	20.621)	/	2 )	/	24.49	*	365
=	86.232					/	24.49	*	365
=	1,285.21

Sarthak Global'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
=	( (6.818	+	0)	/	1 )	/	1.109	*	365 / 4
=	6.818					/	1.109	*	365 / 4
=	560.99

Sarthak Global Days Payable Related Terms

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Sarthak Global (BOM:530993) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sarthak Global Ltd (BOM:530993) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

R.N.T. Marg, 170/10, Film Colony, Indore, MP, IND, 452001

Website

http://www.sarthakglobal.com

Sarthak Global Ltd is engaged in fund activities. It operates in two segments including the Trading of Commodities and Share Transfer Agent. The company also operates in the short-term money market and offers inter-corporate deposits and unsecured advances. Its service offering includes registrar and shares transfer agent services and generates the majority of the revenue from Sales of Commodities.

Sarthak Global (BOM:530993) Headlines

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