Industrial Investment Trust (BOM:501295) Days Payable : 25.51 (As of Dec. 2023)

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What is Industrial Investment Trust Days Payable?

Industrial Investment Trust's average Accounts Payable for the three months ended in Dec. 2023 was ₹3.6 Mil. Industrial Investment Trust's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹13.0 Mil. Hence, Industrial Investment Trust's Days Payable for the three months ended in Dec. 2023 was 25.51.

The historical rank and industry rank for Industrial Investment Trust's Days Payable or its related term are showing as below:

BOM:501295' s Days Payable Range Over the Past 10 Years
Min: 29.69 Med: 197.34 Max: 292.64
Current: 29.69

During the past 13 years, Industrial Investment Trust's highest Days Payable was 292.64. The lowest was 29.69. And the median was 197.34.

BOM:501295's Days Payable is ranked worse than
61.92% of 281 companies
in the Credit Services industry
Industry Median: 48.71 vs BOM:501295: 29.69

Industrial Investment Trust's Days Payable declined from Dec. 2022 (45.04) to Dec. 2023 (25.51). It may suggest that Industrial Investment Trust accelerated paying its suppliers.

Industrial Investment Trust Days Payable Historical Data

The historical data trend for Industrial Investment Trust'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.

Industrial Investment Trust Days Payable Chart

Industrial Investment Trust Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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127.75

98.71

166.96

240.64

227.72

Industrial Investment Trust 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															45.04	36.67	40.31	24.17	25.51

Competitive Comparison of Industrial Investment Trust's Days Payable

For the Credit Services subindustry, Industrial Investment Trust'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.

Industrial Investment Trust's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Industrial Investment Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where Industrial Investment Trust's Days Payable falls into.

Industrial Investment Trust 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.

Industrial Investment Trust'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
=	( (29.7	+	4.644)	/	2 )	/	27.524	*	365
=	17.172					/	27.524	*	365
=	227.72

Industrial Investment Trust'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
=	( (3.648	+	0)	/	1 )	/	13.047	*	365 / 4
=	3.648					/	13.047	*	365 / 4
=	25.51

Industrial Investment Trust Days Payable Related Terms

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Industrial Investment Trust (BOM:501295) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Industrial Investment Trust Ltd (BOM:501295) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IITL:India

Address

Bandra Kurla Complex, Office No.101A, The Capital, B wing, G Block, Plot No. C-70, Bandra (East), Mumbai, MH, IND, 400051

Website

https://www.iitlgroup.com

Industrial Investment Trust Ltd is a non-banking financial company. Its operations are into the segments of Investment Activities, Insurance Broking, Real Estate Activities, Investment Brokerage Services and others. A majority of its revenue is derived from the Investment Activities segment. The company operates only in India.

Industrial Investment Trust (BOM:501295) Headlines

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