AAVAS Financiers (BOM:541988) Days Payable : 5.95 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is AAVAS Financiers Days Payable?

AAVAS Financiers's average Accounts Payable for the three months ended in Dec. 2023 was ₹197 Mil. AAVAS Financiers's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹3,017 Mil. Hence, AAVAS Financiers's Days Payable for the three months ended in Dec. 2023 was 5.95.

The historical rank and industry rank for AAVAS Financiers's Days Payable or its related term are showing as below:

BOM:541988' s Days Payable Range Over the Past 10 Years
Min: 1.77 Med: 9.47 Max: 15.16
Current: 5.66

During the past 10 years, AAVAS Financiers's highest Days Payable was 15.16. The lowest was 1.77. And the median was 9.47.

BOM:541988's Days Payable is ranked worse than
86.67% of 30 companies
in the Banks industry
Industry Median: 54.08 vs BOM:541988: 5.66

AAVAS Financiers's Days Payable declined from Dec. 2022 (8.48) to Dec. 2023 (5.95). It may suggest that AAVAS Financiers accelerated paying its suppliers.

AAVAS Financiers Days Payable Historical Data

The historical data trend for AAVAS Financiers'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.

AAVAS Financiers Days Payable Chart

AAVAS Financiers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

9.47

10.09

6.03

1.77

2.63

AAVAS Financiers 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															8.48	3.99	2.77	6.22	5.95

Competitive Comparison of AAVAS Financiers's Days Payable

For the Mortgage Finance subindustry, AAVAS Financiers'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.

AAVAS Financiers's Days Payable Distribution in the Banks Industry

For the Banks industry and Financial Services sector, AAVAS Financiers's Days Payable distribution charts can be found below:

* The bar in red indicates where AAVAS Financiers's Days Payable falls into.

AAVAS Financiers 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.

AAVAS Financiers'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
=	( (37.03	+	86.11)	/	2 )	/	8547.22	*	365
=	61.57					/	8547.22	*	365
=	2.63

AAVAS Financiers'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
=	( (196.866	+	0)	/	1 )	/	3016.974	*	365 / 4
=	196.866					/	3016.974	*	365 / 4
=	5.95

AAVAS Financiers Days Payable Related Terms

Thank you for viewing the detailed overview of AAVAS Financiers's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

AAVAS Financiers (BOM:541988) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AAVAS Financiers Ltd (BOM:541988) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AAVAS:India

Address

Mansarover Industrial Area, 201-202, 2nd Floor, Southend Square, Jaipur, RJ, IND, 302 020

Website

https://www.aavas.in

AAVAS Financiers Ltd is a housing finance company. The company provides housing loans to customers belonging to the low and middle-income and self-employed segments in suburban and rural India. Its only operating segment is Lending to borrowers. The company's product portfolio includes home loans, land purchases and construction, home improvement loans, home equity, micro, small, and medium enterprise loan, and others. It offers customers loans for the purchase or construction of residential properties and the extension and repair of existing housing units.

AAVAS Financiers (BOM:541988) Headlines

No Headlines