Inani Securities (BOM:531672) Days Payable : 0.00 (As of Dec. 2023)

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What is Inani Securities Days Payable?

Inani Securities's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.00 Mil. Inani Securities's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1.45 Mil. Hence, Inani Securities's Days Payable for the three months ended in Dec. 2023 was 0.00.

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

BOM:531672' s Days Payable Range Over the Past 10 Years
Min: 563.24 Med: 899.01 Max: 3363.39
Current: 3363.39

During the past 13 years, Inani Securities's highest Days Payable was 3363.39. The lowest was 563.24. And the median was 899.01.

BOM:531672's Days Payable is ranked better than
91.6% of 524 companies
in the Capital Markets industry
Industry Median: 96.58 vs BOM:531672: 3363.39

Inani Securities's Days Payable declined from Dec. 2022 (2,787.11) to Dec. 2023 (0.00). It may suggest that Inani Securities accelerated paying its suppliers.

Inani Securities Days Payable Historical Data

The historical data trend for Inani 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.

Inani Securities Days Payable Chart

Inani Securities Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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707.94

950.28

1,293.39

2,209.37

2,068.88

Inani Securities 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															2,787.11	1,797.30	2,344.77	-	-

Competitive Comparison of Inani Securities's Days Payable

For the Capital Markets subindustry, Inani 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.

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

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

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

Inani 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.

Inani Securities'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
=	( (58.167	+	34.587)	/	2 )	/	8.182	*	365
=	46.377					/	8.182	*	365
=	2,068.88

Inani Securities'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	+	0)	/	1 )	/	1.451	*	365 / 4
=	0					/	1.451	*	365 / 4
=	0.00

Inani Securities Days Payable Related Terms

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Inani Securities (BOM:531672) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Inani Securities Ltd (BOM:531672) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senapati Bapat Marg, Office No. 1408, 14th Floor, Naman Midtown, B-Wing, Next to lndiabulls Finance Center, Elphinstone, Mumbai, MH, IND, 400 013

Website

https://www.inanisec.in

Inani Securities Ltd is engaged in the capital market business sector. The company offers information analysis and research covering Indian businesses, financial markets, and institutional clients. It also focuses on equity, depository participant services, portfolio management services, distribution of mutual funds, and bonds. Geographically, the company operates only in the Indian market which is there only business segment.

Inani Securities (BOM:531672) Headlines

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