Safal Securities (BOM:531448) Days Payable: 0.00 (As of Mar. 2020)

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BOM:531448 Safal Securities Ltd BOM:531448
4 GF Score
Price ₹0.91
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What is Safal Securities Days Payable?

Safal Securities BOM:531448 4 Days Payable is 0.00 as of Mar. 2020. GuruFocus rates BOM:531448 with a GF Score™ of 4/100.

Safal Securities's average Accounts Payable for the six months ended in Mar. 2020 was ₹1.93 Mil. Safal Securities's Cost of Goods Sold for the six months ended in Mar. 2020 was ₹0.00 Mil.

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

BOM:531448's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 90.065
* Ranked among companies with meaningful Days Payable only.

Safal Securities's Days Payable declined from Mar. 2018 (3,787.98) to Mar. 2020 (0.00). It may suggest that Safal Securities accelerated paying its suppliers.

Safal Securities Days Payable Historical Data

* Premium members only.

The historical data trend for Safal 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.

Safal Securities Days Payable Chart

Safal Securities Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.21 383.28 3,787.98 0.00 0.00

Safal Securities Semi-Annual Data
Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.21 383.28 3,787.98 0.00 0.00

Safal Securities Days Payable Competitor Comparison

For the Capital Markets subindustry, Safal 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.

Safal Securities Days Payable vs Capital Markets Industry

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

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


BOM:531448
4GF Score
Safal Securities Ltd BOM:531448
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Safal 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.

Safal Securities's Days Payable for the fiscal year that ended in Mar. 2020 is calculated as

Days Payable (A: Mar. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2019 ) + Accounts Payable (A: Mar. 2020 )) / count ) / Cost of Goods Sold (A: Mar. 2020 )*Days in Period
=( (1.927 + 1.927) / 2 ) / 0*365
=1.927 / 0*365
=N/A

Safal Securities's Days Payable for the quarter that ended in Mar. 2020 is calculated as:

Days Payable (Q: Mar. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2019 ) + Accounts Payable (Q: Mar. 2020 )) / count ) / Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=( (1.927 + 1.927) / 2 ) / 0*365 / 2
=1.927 / 0*365 / 2
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Safal Securities (BOM:531448) has a Days Payable of 0.00 as of Mar. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Safal Securities and its competitors.
Is Safal Securities' Days Payable too high?
Safal Securities' current Days Payable is 0.00. Overall, Safal Securities has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Safal Securities' Days Payable compare to competitors?
Safal Securities' Days Payable of 0.00 can be compared against companies in the Capital Markets industry. The industry median Days Payable is 90.07. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Capital Markets company?
The median Days Payable among Capital Markets companies is 90.07, based on 540 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Safal Securities and its competitors. For the Capital Markets industry, the median Days Payable is 90.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safal Securities's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safal Securities stock overvalued right now?
Safal Securities (BOM:531448) has a current Days Payable of 0.00. The current Days Payable is 0.00. Safal Securities' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Safal Securities (BOM:531448), the current Days Payable is 0.00 as of Mar. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Safal Securities Business Description

Address 9, Ankur Complex, Behind Town Hall, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Safal Securities Ltd is an Indian based financial service company. The company offers security trading services and related activities.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹0.91
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