Emkay Global Financial Services (BOM:532737) Days Payable : 345.96 (As of Dec. 2023)

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What is Emkay Global Financial Services Days Payable?

Emkay Global Financial Services's average Accounts Payable for the three months ended in Dec. 2023 was ₹1,732 Mil. Emkay Global Financial Services's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹457 Mil. Hence, Emkay Global Financial Services's Days Payable for the three months ended in Dec. 2023 was 345.96.

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

BOM:532737' s Days Payable Range Over the Past 10 Years
Min: 321.65 Med: 362.41 Max: 429.1
Current: 321.65

During the past 13 years, Emkay Global Financial Services's highest Days Payable was 429.10. The lowest was 321.65. And the median was 362.41.

BOM:532737's Days Payable is ranked better than
66.41% of 527 companies
in the Capital Markets industry
Industry Median: 106.62 vs BOM:532737: 321.65

Emkay Global Financial Services's Days Payable declined from Dec. 2022 (367.00) to Dec. 2023 (345.96). It may suggest that Emkay Global Financial Services accelerated paying its suppliers.

Emkay Global Financial Services Days Payable Historical Data

The historical data trend for Emkay Global Financial Services'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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Emkay Global Financial Services Days Payable Chart

Emkay Global Financial Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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355.73

393.29

429.10

355.49

325.37

Emkay Global Financial Services 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															367.00	274.47	304.96	352.97	345.96

Competitive Comparison of Emkay Global Financial Services's Days Payable

For the Capital Markets subindustry, Emkay Global Financial Services'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.

Emkay Global Financial Services's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where Emkay Global Financial Services's Days Payable falls into.

Emkay Global Financial Services 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.

Emkay Global Financial Services'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
=	( (1366.567	+	1202.589)	/	2 )	/	1441.02	*	365
=	1284.578					/	1441.02	*	365
=	325.37

Emkay Global Financial Services'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
=	( (1732.435	+	0)	/	1 )	/	456.95	*	365 / 4
=	1732.435					/	456.95	*	365 / 4
=	345.96

Emkay Global Financial Services Days Payable Related Terms

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Emkay Global Financial Services (BOM:532737) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Emkay Global Financial Services Ltd (BOM:532737) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EMKAY:India

Address

Senapati Bapat Marg, The Ruby, 7th Floor, Dadar (West), Mumbai, MH, IND, 400028

Website

https://www.emkayglobal.com

Emkay Global Financial Services Ltd is a holding company engaged in stockbroking. The company operates in two reportable segments that include Advisory and Transactional Services and Financing and Investment Activities. The company is involved in providing financial services and solutions, such as equity broking, asset management, wealth management, currency and commodity advisory and broking, investment banking, and financial education services. The majority of the revenue is generated from the Advisory and Transactional Services segment.

Emkay Global Financial Services (BOM:532737) Headlines

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