Nikki Global Finance (BOM:531272) Days Payable : 181,830.83 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Nikki Global Finance Days Payable?

Nikki Global Finance's average Accounts Payable for the three months ended in Dec. 2023 was ₹71.74 Mil. Nikki Global Finance's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.04 Mil. Hence, Nikki Global Finance's Days Payable for the three months ended in Dec. 2023 was 181,830.83.

The historical rank and industry rank for Nikki Global Finance's Days Payable or its related term are showing as below:

BOM:531272' s Days Payable Range Over the Past 10 Years
Min: 59.72 Med: 19709.64 Max: 72034.42
Current: 72034.42

During the past 13 years, Nikki Global Finance's highest Days Payable was 72034.42. The lowest was 59.72. And the median was 19709.64.

BOM:531272's Days Payable is ranked better than
99.65% of 283 companies
in the Credit Services industry
Industry Median: 49.08 vs BOM:531272: 72034.42

Nikki Global Finance's Days Payable increased from Dec. 2022 (54,945.65) to Dec. 2023 (181,830.83). It may suggest that Nikki Global Finance delayed paying its suppliers.

Nikki Global Finance Days Payable Historical Data

The historical data trend for Nikki Global Finance'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.

Nikki Global Finance Days Payable Chart

Nikki Global Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

59.72

15,489.50

23,929.77

30,240.82

Nikki Global Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															54,945.65	26,949.38	89,422.93	74,385.34	181,830.83

Competitive Comparison of Nikki Global Finance's Days Payable

For the Credit Services subindustry, Nikki Global Finance'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.

Nikki Global Finance's Days Payable Distribution in the Credit Services Industry

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

* The bar in red indicates where Nikki Global Finance's Days Payable falls into.

Nikki Global Finance 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.

Nikki Global Finance's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (41.721	+	43.119)	/	2 )	/	0.512	*	365
=	42.42					/	0.512	*	365
=	30,240.82

Nikki Global Finance's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (71.736	+	0)	/	1 )	/	0.036	*	365 / 4
=	71.736					/	0.036	*	365 / 4
=	181,830.83

Nikki Global Finance Days Payable Related Terms

Thank you for viewing the detailed overview of Nikki Global Finance's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Nikki Global Finance (BOM:531272) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Nikki Global Finance Ltd (BOM:531272) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

124 Thapar House, 3rd Floor, Eastern and Central Wing, Janpath, New Delhi, IND, 110001

Website

https://www.nikkiglobal.com

Nikki Global Finance Ltd is engaged in providing corporate loans and various debt products. It provides a wide range of diversified debt products. The company products include Secured term loans for capital expenditure, working capital, Brownfield/Greenfield expansions; loans against property, gold, and listed shares; Acquisitions; Bridge financing; Creeping Takeover, and others.

Nikki Global Finance (BOM:531272) Headlines

No Headlines