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CIL Securities (BOM:530829) Days Payable : 6,300.00 (As of Mar. 2024)


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What is CIL Securities Days Payable?

CIL Securities's average Accounts Payable for the three months ended in Mar. 2024 was ₹287.6 Mil. CIL Securities's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4.2 Mil. Hence, CIL Securities's Days Payable for the three months ended in Mar. 2024 was 6,300.00.

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

BOM:530829' s Days Payable Range Over the Past 10 Years
Min: 1063.13   Med: 2676.03   Max: 3759.27
Current: 3759.27

During the past 13 years, CIL Securities's highest Days Payable was 3759.27. The lowest was 1063.13. And the median was 2676.03.

BOM:530829's Days Payable is ranked better than
91.1% of 528 companies
in the Capital Markets industry
Industry Median: 105.84 vs BOM:530829: 3759.27

CIL Securities's Days Payable increased from Mar. 2023 (2,165.39) to Mar. 2024 (6,300.00). It may suggest that CIL Securities delayed paying its suppliers.


CIL Securities Days Payable Historical Data

The historical data trend for CIL Securities'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.

CIL Securities Days Payable Chart

CIL Securities Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,730.58 2,158.20 3,061.51 3,188.66 3,588.69

CIL Securities Quarterly Data
Jun19 Sep19 Dec19 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 2,165.39 1,988.64 3,881.21 3,760.79 6,300.00

Competitive Comparison of CIL Securities's Days Payable

For the Capital Markets subindustry, CIL Securities'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.


CIL Securities's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where CIL Securities's Days Payable falls into.



CIL Securities 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.

CIL Securities'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
=( (116.943 + 287.625) / 2 ) / 20.574*365
=202.284 / 20.574*365
=3,588.69

CIL Securities'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 + 287.625) / 1 ) / 4.166*365 / 4
=287.625 / 4.166*365 / 4
=6,300.00

* 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.


CIL Securities Days Payable Related Terms

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CIL Securities (BOM:530829) Business Description

Traded in Other Exchanges
N/A
Address
130/132 Apollo Street, 2nd Floor, Room No. 20, Great Western Building, Opposite Lions Gate, Fort, Mumbai, MH, IND, 400023
CIL Securities Ltd is a diversified financial company. The company's operating segment includes Securities Dealing and Broking; Merchant Banking Fees; Consultancy Fee; Registrar and Share Transfer agents and Demat and Depository. It generates maximum revenue from the Securities Dealing and Broking segment.

CIL Securities (BOM:530829) Headlines

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