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Keynote Financial Services (NSE:KEYFINSERV) Days Payable : 127.72 (As of Dec. 2023)


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What is Keynote Financial Services Days Payable?

Keynote Financial Services's average Accounts Payable for the three months ended in Dec. 2023 was ₹20.3 Mil. Keynote Financial Services's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹14.5 Mil. Hence, Keynote Financial Services's Days Payable for the three months ended in Dec. 2023 was 127.72.

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

NSE:KEYFINSERV' s Days Payable Range Over the Past 10 Years
Min: 191.99   Med: 1080.06   Max: 3205.01
Current: 567.9

During the past 13 years, Keynote Financial Services's highest Days Payable was 3205.01. The lowest was 191.99. And the median was 1080.06.

NSE:KEYFINSERV's Days Payable is ranked better than
73.09% of 524 companies
in the Capital Markets industry
Industry Median: 100.09 vs NSE:KEYFINSERV: 567.90

Keynote Financial Services's Days Payable declined from Dec. 2022 (1,427.89) to Dec. 2023 (127.72). It may suggest that Keynote Financial Services accelerated paying its suppliers.


Keynote Financial Services Days Payable Historical Data

The historical data trend for Keynote 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.

* Premium members only.

Keynote Financial Services Days Payable Chart

Keynote Financial Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 440.18 1,087.15 1,313.63 276.70 191.99

Keynote 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,427.89 180.91 140.00 134.39 127.72

Competitive Comparison of Keynote Financial Services's Days Payable

For the Capital Markets subindustry, Keynote 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.


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

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

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



Keynote 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.

Keynote 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
=( (31.512 + 20.811) / 2 ) / 49.737*365
=26.1615 / 49.737*365
=191.99

Keynote 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
=( (20.261 + 0) / 1 ) / 14.476*365 / 4
=20.261 / 14.476*365 / 4
=127.72

* 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.


Keynote Financial Services Days Payable Related Terms

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Keynote Financial Services (NSE:KEYFINSERV) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Kasaravadi, The Ruby, 9th Floor, Dadar (West), Mumbai, MH, IND, 400028
Keynote Financial Services Ltd is engaged in the capital market business sector. Its operating segments include Corporate Finance; ESOP Advisory; Merchant Banking; and Debt advisory. The company generates maximum revenue from the Corporate Finance segment. Geographically, it generates the majority of the revenue from India.

Keynote Financial Services (NSE:KEYFINSERV) Headlines

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