Upsurge Investment & Finance (BOM:531390) Days Payable : 0.41 (As of Dec. 2023)

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What is Upsurge Investment & Finance Days Payable?

Upsurge Investment & Finance's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.6 Mil. Upsurge Investment & Finance's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹132.0 Mil. Hence, Upsurge Investment & Finance's Days Payable for the three months ended in Dec. 2023 was 0.41.

The historical rank and industry rank for Upsurge Investment & Finance's Days Payable or its related term are showing as below:

BOM:531390' s Days Payable Range Over the Past 10 Years
Min: 0.01 Med: 3.03 Max: 28.75
Current: 12.86

During the past 13 years, Upsurge Investment & Finance's highest Days Payable was 28.75. The lowest was 0.01. And the median was 3.03.

BOM:531390's Days Payable is ranked worse than
82.29% of 525 companies
in the Capital Markets industry
Industry Median: 97.91 vs BOM:531390: 12.86

Upsurge Investment & Finance's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (0.41). It may suggest that Upsurge Investment & Finance delayed paying its suppliers.

Upsurge Investment & Finance Days Payable Historical Data

The historical data trend for Upsurge Investment & Finance'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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Upsurge Investment & Finance Days Payable Chart

Upsurge Investment & Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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28.75

Upsurge Investment & Finance 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															-	32.92	29.03	0.87	0.41

Competitive Comparison of Upsurge Investment & Finance's Days Payable

For the Capital Markets subindustry, Upsurge Investment & Finance'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.

Upsurge Investment & Finance's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where Upsurge Investment & Finance's Days Payable falls into.

Upsurge Investment & Finance 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.

Upsurge Investment & Finance'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
=	( (0	+	22.495)	/	1 )	/	285.569	*	365
=	22.495					/	285.569	*	365
=	28.75

Upsurge Investment & Finance'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
=	( (0.594	+	0)	/	1 )	/	131.972	*	365 / 4
=	0.594					/	131.972	*	365 / 4
=	0.41

Upsurge Investment & Finance Days Payable Related Terms

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Upsurge Investment & Finance (BOM:531390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Upsurge Investment & Finance Ltd (BOM:531390) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off New Link Road, Behind Crystal Plaza, Office No. 303, Morya Landmark-I, Andheri (West), Mumbai, MH, IND, 400053

Website

https://www.upsurgeinvestment.com

Upsurge Investment & Finance Ltd is a non-banking finance company. It is mainly engaged in the business of investment and finance. In addition, the company is actively investing in primary and secondary markets. The company operates mainly in the business segment of fund based financing activity. It provides a wide range of services including corporate finance, gold loans, real estate mortgage finance, and loans against shares and securities.

Upsurge Investment & Finance (BOM:531390) Headlines

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