Kailash Auto Finance (BOM:511357) Days Payable: 1.31 (As of Sep. 2020)


What is Kailash Auto Finance Days Payable?

Kailash Auto Finance BOM:511357 Days Payable is 1.31 as of Sep. 2020.

Kailash Auto Finance's average Accounts Payable for the three months ended in Sep. 2020 was ₹0.00 Mil. Kailash Auto Finance's Cost of Goods Sold for the three months ended in Sep. 2020 was ₹0.14 Mil. Hence, Kailash Auto Finance's Days Payable for the three months ended in Sep. 2020 was 1.31.

The historical rank and industry rank for Kailash Auto Finance's Days Payable or its related term are showing as below:

BOM:511357's Days Payable is not ranked *
in the Credit Services industry.
Industry Median: 33.92
* Ranked among companies with meaningful Days Payable only.

Kailash Auto Finance's Days Payable declined from Jun. 2019 (587.42) to Sep. 2020 (1.31). It may suggest that Kailash Auto Finance accelerated paying its suppliers.

Kailash Auto Finance Days Payable Historical Data

* Premium members only.

The historical data trend for Kailash Auto Finance'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.

Kailash Auto Finance Days Payable Chart

Kailash Auto Finance Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 15.39 1,825.13 108.58 265.97

Kailash Auto Finance Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20
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 587.42 1.38 1.64 0.00 1.31

BOM:511357 vs LMFA: Days Payable Comparison

For the Credit Services subindustry, Kailash Auto Finance'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.

Kailash Auto Finance Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Kailash Auto Finance's Days Payable distribution charts can be found below:

* The bar in red indicates where Kailash Auto Finance's Days Payable falls into.


Kailash Auto Finance 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.

Kailash Auto Finance's Days Payable for the fiscal year that ended in Mar. 2019 is calculated as

Days Payable (A: Mar. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2018 ) + Accounts Payable (A: Mar. 2019 )) / count ) / Cost of Goods Sold (A: Mar. 2019 )*Days in Period
=( (18.468 + 0.927) / 2 ) / 13.308*365
=9.6975 / 13.308*365
=265.97

Kailash Auto Finance's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

Days Payable (Q: Sep. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2020 ) + Accounts Payable (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (0 + 0.002) / 1 ) / 0.139*365 / 4
=0.002 / 0.139*365 / 4
=1.31

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 1.31 mean?
Kailash Auto Finance (BOM:511357) has a Days Payable of 1.31 as of Sep. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kailash Auto Finance and its competitors.
Is Kailash Auto Finance's Days Payable too high?
Kailash Auto Finance's current Days Payable is 1.31. The Credit Services industry median Days Payable is 33.92. Kailash Auto Finance's value of 1.31 is 96.1% below this industry median.
How does Kailash Auto Finance's Days Payable compare to LMFA?
Kailash Auto Finance's Days Payable of 1.31 can be compared against companies in the Credit Services industry. The industry median Days Payable is 33.92. Kailash Auto Finance's value of 1.31 is 96.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Credit Services company?
The median Days Payable among Credit Services companies is 33.92, based on 300 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kailash Auto Finance's current Days Payable of 1.31 is 96.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kailash Auto Finance and its competitors. For the Credit Services industry, the median Days Payable is 33.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kailash Auto Finance's current Days Payable is 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kailash Auto Finance stock overvalued right now?
Kailash Auto Finance (BOM:511357) has a current Days Payable of 1.31. The current Days Payable is 1.31 and 96.1% below the Credit Services industry median of 33.92. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Kailash Auto Finance (BOM:511357), the current Days Payable is 1.31 as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kailash Auto Finance Business Description

Address 6, Lyons Range, 1st Floor, Kolkata, WB, IND, 700001
Kailash Auto Finance Ltd is an India-based non-banking finance company. The company is primarily focused in providing inter-corporate loans, personal loans, loans against shares and securities, loans against properties, trade financing, bills discounting, trading in shares and securities and arbitrage business in the stock market and trading in shares and securities. It generates maximum revenue from Interest Income.