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ICRA (BOM:532835) Days Payable : 13.08 (As of Dec. 2024)


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What is ICRA Days Payable?

ICRA's average Accounts Payable for the three months ended in Dec. 2024 was ₹93 Mil. ICRA's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹646 Mil. Hence, ICRA's Days Payable for the three months ended in Dec. 2024 was 13.08.

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

BOM:532835' s Days Payable Range Over the Past 10 Years
Min: 13.13   Med: 20.62   Max: 31.88
Current: 13.24

During the past 13 years, ICRA's highest Days Payable was 31.88. The lowest was 13.13. And the median was 20.62.

BOM:532835's Days Payable is ranked worse than
80.62% of 516 companies
in the Capital Markets industry
Industry Median: 104.6 vs BOM:532835: 13.24

ICRA's Days Payable increased from Dec. 2023 (12.84) to Dec. 2024 (13.08). It may suggest that ICRA delayed paying its suppliers.


ICRA Days Payable Historical Data

The historical data trend for ICRA'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.

ICRA Days Payable Chart

ICRA 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 31.88 23.49 15.55 16.88 13.13

ICRA 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 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 12.84 16.87 10.51 12.01 13.08

Competitive Comparison of ICRA's Days Payable

For the Financial Data & Stock Exchanges subindustry, ICRA'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.


ICRA's Days Payable Distribution in the Capital Markets Industry

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

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


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ICRA 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.

ICRA'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
=( (83.838 + 74.842) / 2 ) / 2206.116*365
=79.34 / 2206.116*365
=13.13

ICRA'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
=( (92.62 + 0) / 1 ) / 646.281*365 / 4
=92.62 / 646.281*365 / 4
=13.08

* 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.


ICRA Days Payable Related Terms

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ICRA Business Description

Traded in Other Exchanges
Address
Building No. 8, 2nd Floor, Tower A, DLF Cyber City, Phase II, Gurugram, HR, IND, 122 002
ICRA Ltd is an independent and professional Investment Information and credit rating agency. The company operates through four segments: Rating, research and other services; Consulting services; Knowledge and Market Services. The company generates over half of its revenue from the Rating, research and other services segment. Rating, research, and other services segment provides rating, grading, and industry research services. The consulting services segment provides management consulting which includes risk management, financial advisory, outsourcing, and policy advisory. The knowledge Services segment provides KPO services and the Market services segment provides financial information products and services. Geographically the majority of revenue is generated from within India.

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