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Aneri Fincap (BOM:531252) Days Payable : 336.92 (As of Mar. 2024)


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What is Aneri Fincap Days Payable?

Aneri Fincap's average Accounts Payable for the three months ended in Mar. 2024 was ₹0.10 Mil. Aneri Fincap's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹0.03 Mil. Hence, Aneri Fincap's Days Payable for the three months ended in Mar. 2024 was 336.92.

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

BOM:531252' s Days Payable Range Over the Past 10 Years
Min: 0.21   Med: 88.56   Max: 1037.92
Current: 380.53

During the past 13 years, Aneri Fincap's highest Days Payable was 1037.92. The lowest was 0.21. And the median was 88.56.

BOM:531252's Days Payable is ranked better than
85.11% of 282 companies
in the Credit Services industry
Industry Median: 43.675 vs BOM:531252: 380.53

Aneri Fincap's Days Payable declined from Mar. 2023 (434.52) to Mar. 2024 (336.92). It may suggest that Aneri Fincap accelerated paying its suppliers.


Aneri Fincap Days Payable Historical Data

The historical data trend for Aneri Fincap'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.

Aneri Fincap Days Payable Chart

Aneri Fincap 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 72.58 0.21 24.79 88.56 596.17

Aneri Fincap 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 434.52 268.38 - - 336.92

Competitive Comparison of Aneri Fincap's Days Payable

For the Credit Services subindustry, Aneri Fincap'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.


Aneri Fincap's Days Payable Distribution in the Credit Services Industry

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

* The bar in red indicates where Aneri Fincap's Days Payable falls into.



Aneri Fincap 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.

Aneri Fincap'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
=( (0.1 + 0.096) / 2 ) / 0.06*365
=0.098 / 0.06*365
=596.17

Aneri Fincap'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 + 0.096) / 1 ) / 0.026*365 / 4
=0.096 / 0.026*365 / 4
=336.92

* 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.


Aneri Fincap Days Payable Related Terms

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Aneri Fincap (BOM:531252) Business Description

Traded in Other Exchanges
N/A
Address
Kanchpada, Off. Link Road, Unit No. - 310, B2B Centre Co-operative Premises Society Ltd, Malad (West), Mumbai, MH, IND, 400064
Aneri Fincap Ltd is a non-banking financial company engaged in the business of loans and advances. It offers a wide range of secured and unsecured loans to its customers and serves both retail and commercial clients.

Aneri Fincap (BOM:531252) Headlines

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