Longspur International Ventures (BOM:504340) Days Payable : 3,651.50 (As of Dec. 2023)

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What is Longspur International Ventures Days Payable?

Longspur International Ventures's average Accounts Payable for the three months ended in Dec. 2023 was ₹19.45 Mil. Longspur International Ventures's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.49 Mil. Hence, Longspur International Ventures's Days Payable for the three months ended in Dec. 2023 was 3,651.50.

The historical rank and industry rank for Longspur International Ventures's Days Payable or its related term are showing as below:

BOM:504340' s Days Payable Range Over the Past 10 Years
Min: 32.7 Med: 87.1 Max: 1454.65
Current: 67.64

During the past 13 years, Longspur International Ventures's highest Days Payable was 1454.65. The lowest was 32.70. And the median was 87.10.

BOM:504340's Days Payable is ranked worse than
58.4% of 524 companies
in the Capital Markets industry
Industry Median: 103.365 vs BOM:504340: 67.64

Longspur International Ventures's Days Payable increased from Dec. 2022 (2,016.53) to Dec. 2023 (3,651.50). It may suggest that Longspur International Ventures delayed paying its suppliers.

Longspur International Ventures Days Payable Historical Data

The historical data trend for Longspur International Ventures'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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Longspur International Ventures Days Payable Chart

Longspur International Ventures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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32.70

240.50

1,454.65

87.10

69.04

Longspur International Ventures 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															2,016.53	18.85	713.40	-	3,651.50

Competitive Comparison of Longspur International Ventures's Days Payable

For the Capital Markets subindustry, Longspur International Ventures'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.

Longspur International Ventures's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where Longspur International Ventures's Days Payable falls into.

Longspur International Ventures 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.

Longspur International Ventures'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
=	( (23.615	+	26.644)	/	2 )	/	132.857	*	365
=	25.1295					/	132.857	*	365
=	69.04

Longspur International Ventures'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
=	( (19.448	+	0)	/	1 )	/	0.486	*	365 / 4
=	19.448					/	0.486	*	365 / 4
=	3,651.50

Longspur International Ventures Days Payable Related Terms

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Longspur International Ventures (BOM:504340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Longspur International Ventures Ltd (BOM:504340) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9, Botawala Building, 3rd Floor, 11/13, Horniman Circle, Fort, Mumbai, MH, IND, 400001

Website

https://www.ctcl.co.in

Longspur International Ventures Ltd formerly Confidence Finance & Trading Ltd is an Indian based company. It is engaged in the trading of securities and shares. It is also involved in financial activities. The company generates maximum revenue from Interest Income on Advances & Capital markets.

Longspur International Ventures (BOM:504340) Headlines

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