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Sahara Housingfina (BOM:511533) Days Payable : 4.43 (As of Dec. 2023)


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What is Sahara Housingfina Days Payable?

Sahara Housingfina's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.80 Mil. Sahara Housingfina's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹16.55 Mil. Hence, Sahara Housingfina's Days Payable for the three months ended in Dec. 2023 was 4.43.

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

BOM:511533' s Days Payable Range Over the Past 10 Years
Min: 3.54   Med: 16.11   Max: 49.88
Current: 5.15

During the past 13 years, Sahara Housingfina's highest Days Payable was 49.88. The lowest was 3.54. And the median was 16.11.

BOM:511533's Days Payable is ranked worse than
90% of 30 companies
in the Banks industry
Industry Median: 61.56 vs BOM:511533: 5.15

Sahara Housingfina's Days Payable declined from Dec. 2022 (4.45) to Dec. 2023 (4.43). It may suggest that Sahara Housingfina accelerated paying its suppliers.


Sahara Housingfina Days Payable Historical Data

The historical data trend for Sahara Housingfina'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.

Sahara Housingfina Days Payable Chart

Sahara Housingfina Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.52 4.65 18.31 17.30 3.54

Sahara Housingfina 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 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 4.45 6.56 5.70 4.33 4.43

Competitive Comparison of Sahara Housingfina's Days Payable

For the Mortgage Finance subindustry, Sahara Housingfina'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.


Sahara Housingfina's Days Payable Distribution in the Banks Industry

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

* The bar in red indicates where Sahara Housingfina's Days Payable falls into.



Sahara Housingfina 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.

Sahara Housingfina'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
=( (0.311 + 1.071) / 2 ) / 71.2*365
=0.691 / 71.2*365
=3.54

Sahara Housingfina'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
=( (0.804 + 0) / 1 ) / 16.551*365 / 4
=0.804 / 16.551*365 / 4
=4.43

* 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.


Sahara Housingfina Days Payable Related Terms

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Sahara Housingfina (BOM:511533) Business Description

Traded in Other Exchanges
N/A
Address
46, Dr. Sundari Mohan Avenue, Kolkata, WB, IND, 700014
Sahara Housingfina Corp Ltd is an Indian company engaged in carrying out activities of housing finance companies (Housing Loans and Non-Housing Loan). Its product portfolio includes Individual Housing Loans, Home Improvement Loans, Home Extension loans, Land Loans, Home Loan Plus, Mortgage Loans, Non-Residential Property Loans, Home Loan Enhancement, and Loan Take Over / Balance Transfer. The Company is exclusively engaged in the Housing Finance business and revenues are mainly derived from this activity. The Company's main business is financing by way of loans for the purchase or construction of residential houses, commercial real estate or certain other purposes, in India.

Sahara Housingfina (BOM:511533) Headlines

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