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Ventura Guaranty (BOM:512060) Days Payable : 1,675.15 (As of Mar. 2024)


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What is Ventura Guaranty Days Payable?

Ventura Guaranty's average Accounts Payable for the three months ended in Mar. 2024 was ₹6,870 Mil. Ventura Guaranty's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹374 Mil. Hence, Ventura Guaranty's Days Payable for the three months ended in Mar. 2024 was 1,675.15.

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

BOM:512060' s Days Payable Range Over the Past 10 Years
Min: 1181.34   Med: 1374.8   Max: 2213.34
Current: 1846.25

During the past 8 years, Ventura Guaranty's highest Days Payable was 2213.34. The lowest was 1181.34. And the median was 1374.80.

BOM:512060's Days Payable is not ranked
in the Capital Markets industry.
Industry Median: 105.84 vs BOM:512060: 1846.25

Ventura Guaranty's Days Payable increased from Mar. 2023 (1,485.19) to Mar. 2024 (1,675.15). It may suggest that Ventura Guaranty delayed paying its suppliers.


Ventura Guaranty Days Payable Historical Data

The historical data trend for Ventura Guaranty'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.

Ventura Guaranty Days Payable Chart

Ventura Guaranty Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial 1,230.50 1,344.26 2,171.46 2,213.34 1,637.15

Ventura Guaranty Quarterly Data
Mar17 Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,485.19 1,488.48 2,368.89 2,264.07 1,675.15

Competitive Comparison of Ventura Guaranty's Days Payable

For the Capital Markets subindustry, Ventura Guaranty'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.


Ventura Guaranty's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where Ventura Guaranty's Days Payable falls into.



Ventura Guaranty 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.

Ventura Guaranty'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
=( (3935.857 + 6870.03) / 2 ) / 1204.578*365
=5402.9435 / 1204.578*365
=1,637.15

Ventura Guaranty's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 6870.03) / 1 ) / 374.229*365 / 4
=6870.03 / 374.229*365 / 4
=1,675.15

* 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.


Ventura Guaranty Days Payable Related Terms

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Ventura Guaranty (BOM:512060) Business Description

Traded in Other Exchanges
N/A
Address
Pokhran Road No. 2, Off Eastern Express Highway, 8th Floor, B Wing, I-Think Techno Campus, Thane (West), Thane, MH, IND, 400607
Ventura Guaranty Ltd is a non-banking finance company. The company offers stock broking, sub-broking and related activities, and Other financial intermediation services.

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