Ken Financial Services (BOM:530547) Days Payable : 110.48 (As of Dec. 2024)

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What is Ken Financial Services Days Payable?

Ken Financial Services's average Accounts Payable for the three months ended in Dec. 2024 was ₹1.02 Mil. Ken Financial Services's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹0.84 Mil. Hence, Ken Financial Services's Days Payable for the three months ended in Dec. 2024 was 110.48.

The historical rank and industry rank for Ken Financial Services's Days Payable or its related term are showing as below:

BOM:530547' s Days Payable Range Over the Past 10 Years
Min: 75.47 Med: 440.85 Max: 6290.43
Current: 108.08

During the past 13 years, Ken Financial Services's highest Days Payable was 6290.43. The lowest was 75.47. And the median was 440.85.

BOM:530547's Days Payable is ranked better than
72.7% of 293 companies
in the Credit Services industry
Industry Median: 36.98 vs BOM:530547: 108.08

Ken Financial Services's Days Payable declined from Dec. 2023 (149.32) to Dec. 2024 (110.48). It may suggest that Ken Financial Services accelerated paying its suppliers.

Ken Financial Services Days Payable Historical Data

The historical data trend for Ken Financial Services'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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Ken Financial Services Days Payable Chart

Ken Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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3,221.37

950.69

354.03

388.83

102.35

Ken Financial Services 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															149.32	62.89	58.33	110.48	110.48

Competitive Comparison of Ken Financial Services's Days Payable

For the Credit Services subindustry, Ken Financial Services'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.

Ken Financial Services's Days Payable Distribution in the Credit Services Industry

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

* The bar in red indicates where Ken Financial Services's Days Payable falls into.

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Ken Financial Services 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.

Ken Financial Services'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
=	( (1.291	+	0.521)	/	2 )	/	3.231	*	365
=	0.906					/	3.231	*	365
=	102.35

Ken Financial Services'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
=	( (1.017	+	0)	/	1 )	/	0.84	*	365 / 4
=	1.017					/	0.84	*	365 / 4
=	110.48

Ken Financial Services Days Payable Related Terms

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Ken Financial Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ken Financial Services Ltd (BOM:530547) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rani Sati Marg, F-9, 1st Floor, Shah Arcade 1, A Wing, Near Western Express Highway, Malad (East), Mumbai, MH, IND, 400 097

Website

https://www.ken-fin.com

Ken Financial Services Ltd is a Non-banking finance company. It is engaged in providing financial services. The company operates & generates revenue in India.

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