Dhanlaxmi Cotex (BOM:512485) Days Payable : 0.84 (As of Dec. 2024)

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What is Dhanlaxmi Cotex Days Payable?

Dhanlaxmi Cotex's average Accounts Payable for the three months ended in Dec. 2024 was ₹0.2 Mil. Dhanlaxmi Cotex's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹21.9 Mil. Hence, Dhanlaxmi Cotex's Days Payable for the three months ended in Dec. 2024 was 0.84.

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

BOM:512485' s Days Payable Range Over the Past 10 Years
Min: 0.06 Med: 4.12 Max: 16.78
Current: 1.47

During the past 13 years, Dhanlaxmi Cotex's highest Days Payable was 16.78. The lowest was 0.06. And the median was 4.12.

BOM:512485's Days Payable is ranked worse than
94.57% of 516 companies
in the Capital Markets industry
Industry Median: 104.6 vs BOM:512485: 1.47

Dhanlaxmi Cotex's Days Payable increased from Dec. 2023 (0.52) to Dec. 2024 (0.84). It may suggest that Dhanlaxmi Cotex delayed paying its suppliers.

Dhanlaxmi Cotex Days Payable Historical Data

The historical data trend for Dhanlaxmi Cotex'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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Dhanlaxmi Cotex Days Payable Chart

Dhanlaxmi Cotex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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0.40

0.38

5.52

7.43

6.31

Dhanlaxmi Cotex 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															0.52	3.63	3.57	0.37	0.84

Competitive Comparison of Dhanlaxmi Cotex's Days Payable

For the Capital Markets subindustry, Dhanlaxmi Cotex'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.

Dhanlaxmi Cotex's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where Dhanlaxmi Cotex's Days Payable falls into.

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Dhanlaxmi Cotex 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.

Dhanlaxmi Cotex'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
=	( (6.856	+	1.29)	/	2 )	/	235.525	*	365
=	4.073					/	235.525	*	365
=	6.31

Dhanlaxmi Cotex'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
=	( (0.203	+	0)	/	1 )	/	21.944	*	365 / 4
=	0.203					/	21.944	*	365 / 4
=	0.84

Dhanlaxmi Cotex Days Payable Related Terms

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Dhanlaxmi Cotex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Dhanlaxmi Cotex Ltd (BOM:512485) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

285, Princess Street, 2nd Floor, Chaturbhuj Jivandas House, Mumbai, MH, IND, 400 002

Website

https://www.dcl.net.in

Dhanlaxmi Cotex Ltd is an India-based company involved in trading shares and securities, investing in shares and securities, and financing activities.

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