India Lease Development (BOM:500202) Days Payable : 65.74 (As of Dec. 2024)

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What is India Lease Development Days Payable?

India Lease Development's average Accounts Payable for the three months ended in Dec. 2024 was ₹0.59 Mil. India Lease Development's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹0.82 Mil. Hence, India Lease Development's Days Payable for the three months ended in Dec. 2024 was 65.74.

The historical rank and industry rank for India Lease Development's Days Payable or its related term are showing as below:

BOM:500202' s Days Payable Range Over the Past 10 Years
Min: 61.41 Med: 88.73 Max: 124.35
Current: 61.41

During the past 13 years, India Lease Development's highest Days Payable was 124.35. The lowest was 61.41. And the median was 88.73.

BOM:500202's Days Payable is ranked better than
63.36% of 292 companies
in the Credit Services industry
Industry Median: 36.715 vs BOM:500202: 61.41

India Lease Development's Days Payable increased from Dec. 2023 (56.33) to Dec. 2024 (65.74). It may suggest that India Lease Development delayed paying its suppliers.

India Lease Development Days Payable Historical Data

The historical data trend for India Lease Development'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.

India Lease Development Days Payable Chart

India Lease Development Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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88.34

74.34

89.12

85.23

61.77

India Lease Development Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															56.33	60.34	60.20	66.80	65.74

Competitive Comparison of India Lease Development's Days Payable

For the Credit Services subindustry, India Lease Development'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.

India Lease Development's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, India Lease Development's Days Payable distribution charts can be found below:

* The bar in red indicates where India Lease Development's Days Payable falls into.

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India Lease Development 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.

India Lease Development'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
=	( (0.567	+	0.535)	/	2 )	/	3.256	*	365
=	0.551					/	3.256	*	365
=	61.77

India Lease Development's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.59	+	0)	/	1 )	/	0.819	*	365 / 4
=	0.59					/	0.819	*	365 / 4
=	65.74

India Lease Development Days Payable Related Terms

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India Lease Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » India Lease Development Ltd (BOM:500202) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4/17-B, Asaf Ali Road, MGF House, New Delhi, IND, 110002

Website

https://www.indialease.com

India Lease Development Ltd is a non-banking finance company. The company provides finance by way of hire purchase and leasing operations. It derives revenue from Interest Income.

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