SKP Securities (BOM:531169) Days Payable : 607.38 (As of Mar. 2024)

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What is SKP Securities Days Payable?

SKP Securities's average Accounts Payable for the three months ended in Mar. 2024 was ₹251.2 Mil. SKP Securities's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹37.7 Mil. Hence, SKP Securities's Days Payable for the three months ended in Mar. 2024 was 607.38.

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

BOM:531169' s Days Payable Range Over the Past 10 Years
Min: 207.58 Med: 343.25 Max: 810.65
Current: 686.13

During the past 13 years, SKP Securities's highest Days Payable was 810.65. The lowest was 207.58. And the median was 343.25.

BOM:531169's Days Payable is ranked better than
75.19% of 528 companies
in the Capital Markets industry
Industry Median: 108.18 vs BOM:531169: 686.13

SKP Securities's Days Payable declined from Mar. 2023 (622.74) to Mar. 2024 (607.38). It may suggest that SKP Securities accelerated paying its suppliers.

SKP Securities Days Payable Historical Data

The historical data trend for SKP Securities'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.

SKP Securities Days Payable Chart

SKP Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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240.66

376.55

810.65

765.84

650.17

SKP Securities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															622.74	688.82	802.15	731.00	607.38

Competitive Comparison of SKP Securities's Days Payable

For the Capital Markets subindustry, SKP Securities'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.

SKP Securities's Days Payable Distribution in the Capital Markets Industry

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

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

SKP Securities 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.

SKP Securities'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
=	( (237.202	+	251.233)	/	2 )	/	137.102	*	365
=	244.2175					/	137.102	*	365
=	650.17

SKP Securities'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	251.233)	/	1 )	/	37.744	*	365 / 4
=	251.233					/	37.744	*	365 / 4
=	607.38

SKP Securities Days Payable Related Terms

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SKP Securities (BOM:531169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SKP Securities Ltd (BOM:531169) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1702-03 BioWonder, 789 Anandapur, E M Bypass, Kolkata, WB, IND, 700 107

Website

https://www.skpsecurities.com

SKP Securities Ltd provides financial service. The company is engaged in the business of providing stock broking services, depository services, distribution of mutual funds and wealth advisory services. The company's only reportable segment which is Broking and Dealing in Securities and related services. It serves Banks, Mutual Funds, Insurance Companies, Corporates and Business Houses, Charitable/Educational/Health Institutions, Non-Profit Organisations, and Others.

SKP Securities (BOM:531169) Headlines

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