Tokyo Finance (BOM:531644) Days Payable : 13.12 (As of Dec. 2024)

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What is Tokyo Finance Days Payable?

Tokyo Finance's average Accounts Payable for the three months ended in Dec. 2024 was ₹0.11 Mil. Tokyo Finance's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹0.74 Mil. Hence, Tokyo Finance's Days Payable for the three months ended in Dec. 2024 was 13.12.

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

BOM:531644' s Days Payable Range Over the Past 10 Years
Min: 0.34 Med: 334.15 Max: 2821.74
Current: 6.69

During the past 13 years, Tokyo Finance's highest Days Payable was 2821.74. The lowest was 0.34. And the median was 334.15.

BOM:531644's Days Payable is ranked worse than
82.94% of 293 companies
in the Credit Services industry
Industry Median: 36.98 vs BOM:531644: 6.69

Tokyo Finance's Days Payable increased from Dec. 2023 (0.00) to Dec. 2024 (13.12). It may suggest that Tokyo Finance delayed paying its suppliers.

Tokyo Finance Days Payable Historical Data

The historical data trend for Tokyo 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.

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Tokyo Finance Days Payable Chart

Tokyo Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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2,821.74

10.30

4.22

1.46

0.34

Tokyo Finance 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															-	0.38	0.33	13.73	13.12

Competitive Comparison of Tokyo Finance's Days Payable

For the Credit Services subindustry, Tokyo 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.

Tokyo Finance's Days Payable Distribution in the Credit Services Industry

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

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

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Tokyo 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.

Tokyo Finance'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	+	0.003)	/	1 )	/	3.226	*	365
=	0.003					/	3.226	*	365
=	0.34

Tokyo Finance'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
=	( (0.107	+	0)	/	1 )	/	0.744	*	365 / 4
=	0.107					/	0.744	*	365 / 4
=	13.12

Tokyo Finance Days Payable Related Terms

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Tokyo Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Tokyo Finance Ltd (BOM:531644) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Paranjpe B Scheme Road no.1, 401-A, Gala Quest, near Shirodkar Hospital, Vile Parle (East), Mumbai, MH, IND, 400 057

Website

https://www.tokyofinance.in

Tokyo Finance Ltd is engaged in the business of Non-Banking Finance Company. The company is a Non-Deposit taking, Non-Systemically Important (ND-NSI) registered with Reserve Bank of India (RBI). The company has finance as its only primary reportable segment. It generates revenue from interest on loans.

Tokyo Finance Headlines

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