Dharni Capital Services (BOM:543753) Days Payable : 172.82 (As of Mar. 2024)

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What is Dharni Capital Services Days Payable?

Dharni Capital Services's average Accounts Payable for the six months ended in Mar. 2024 was ₹8.40 Mil. Dharni Capital Services's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹8.87 Mil. Hence, Dharni Capital Services's Days Payable for the six months ended in Mar. 2024 was 172.82.

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

BOM:543753' s Days Payable Range Over the Past 10 Years
Min: 227.93 Med: 340.28 Max: 670.81
Current: 227.93

During the past 5 years, Dharni Capital Services's highest Days Payable was 670.81. The lowest was 227.93. And the median was 340.28.

BOM:543753's Days Payable is ranked better than
73.89% of 471 companies
in the Asset Management industry
Industry Median: 73 vs BOM:543753: 227.93

Dharni Capital Services's Days Payable declined from Mar. 2023 (225.95) to Mar. 2024 (172.82). It may suggest that Dharni Capital Services accelerated paying its suppliers.

Dharni Capital Services Days Payable Historical Data

The historical data trend for Dharni Capital 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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Dharni Capital Services Days Payable Chart

Dharni Capital Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

670.81

256.20

340.28

Dharni Capital Services Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			-	95.05	225.95	122.30	172.82

Competitive Comparison of Dharni Capital Services's Days Payable

For the Asset Management subindustry, Dharni Capital 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.

Dharni Capital Services's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dharni Capital Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Dharni Capital Services's Days Payable falls into.

Dharni Capital 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.

Dharni Capital Services'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
=	( (0.176	+	16.713)	/	2 )	/	9.058	*	365
=	8.4445					/	9.058	*	365
=	340.28

Dharni Capital Services'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.08	+	16.713)	/	2 )	/	8.867	*	365 / 2
=	8.3965					/	8.867	*	365 / 2
=	172.82

Dharni Capital Services Days Payable Related Terms

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Dharni Capital Services (BOM:543753) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dharni Capital Services Ltd (BOM:543753) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Whitefield Main Road, 226, Brigade Metropolis Arcade, Garudachapal, Bangaluru, KA, IND, 560048

Website

https://www.dharnicapital.com

Dharni Capital Services Ltd is a one-stop shop for all financial services requirements, with a special focus on Investment Advisory Services. The company strives to cater to various financial needs, including but not limited to Investment Management, Financial Planning, Income Tax, Accounting, and Business Advisory services.

Dharni Capital Services (BOM:543753) Headlines

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