Gold Line International Finvest (BOM:538180) Days Payable : 6,571.39 (As of Sep. 2023)

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What is Gold Line International Finvest Days Payable?

Gold Line International Finvest's average Accounts Payable for the three months ended in Sep. 2023 was ₹75.62 Mil. Gold Line International Finvest's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹1.05 Mil. Hence, Gold Line International Finvest's Days Payable for the three months ended in Sep. 2023 was 6,571.39.

The historical rank and industry rank for Gold Line International Finvest's Days Payable or its related term are showing as below:

BOM:538180' s Days Payable Range Over the Past 10 Years
Min: 702.95 Med: 3696.4 Max: 9368.67
Current: 9113.25

During the past 13 years, Gold Line International Finvest's highest Days Payable was 9368.67. The lowest was 702.95. And the median was 3696.40.

BOM:538180's Days Payable is ranked better than
98.08% of 468 companies
in the Asset Management industry
Industry Median: 69.215 vs BOM:538180: 9113.25

Gold Line International Finvest's Days Payable declined from Jun. 2022 (6,694.19) to Sep. 2023 (6,571.39). It may suggest that Gold Line International Finvest accelerated paying its suppliers.

Gold Line International Finvest Days Payable Historical Data

The historical data trend for Gold Line International Finvest'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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Gold Line International Finvest Days Payable Chart

Gold Line International Finvest Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Payable

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2,499.10

7,360.00

4,893.69

9,368.67

7,974.90

Gold Line International Finvest Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															6,694.19	6,699.72	7,493.11	-	6,571.39

Competitive Comparison of Gold Line International Finvest's Days Payable

For the Asset Management subindustry, Gold Line International Finvest'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.

Gold Line International Finvest's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gold Line International Finvest's Days Payable distribution charts can be found below:

* The bar in red indicates where Gold Line International Finvest's Days Payable falls into.

Gold Line International Finvest 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.

Gold Line International Finvest's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

	Days Payable (A: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2021 )	+	Accounts Payable (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (75.607	+	75.195)	/	2 )	/	3.451	*	365
=	75.401					/	3.451	*	365
=	7,974.90

Gold Line International Finvest's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	75.616)	/	1 )	/	1.05	*	365 / 4
=	75.616					/	1.05	*	365 / 4
=	6,571.39

Gold Line International Finvest Days Payable Related Terms

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Gold Line International Finvest (BOM:538180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gold Line International Finvest Ltd (BOM:538180) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office No. 203, MB-156 2nd Floor, Opp Madhuban Park, Delhi, IND, 110092

Website

http://www.goldlineinternationalltd.com

Gold Line International Finvest Ltd is an Indian investment company. Its core business is to provide margin funding for the purchase of securities loans against shares and property, and financial advisory services. The company is engaged in providing various financial solutions such as advance loans against listed shares, securities and properties, corporate loans, personal loans, trading in shares and securities, trade financing, bill discounting, and others. Also, the company provides working capital loans to small businesses such as cash advances to help to meet financial requirements. It provides its services to the commercial, industrial, and financial communities.

Gold Line International Finvest (BOM:538180) Headlines

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