PMC Fincorp (BOM:534060) Days Payable : 98.77 (As of Mar. 2024)

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What is PMC Fincorp Days Payable?

PMC Fincorp's average Accounts Payable for the three months ended in Mar. 2024 was ₹5.7 Mil. PMC Fincorp's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹5.2 Mil. Hence, PMC Fincorp's Days Payable for the three months ended in Mar. 2024 was 98.77.

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

BOM:534060' s Days Payable Range Over the Past 10 Years
Min: 3.25 Med: 72.72 Max: 287.76
Current: 166.76

During the past 13 years, PMC Fincorp's highest Days Payable was 287.76. The lowest was 3.25. And the median was 72.72.

BOM:534060's Days Payable is ranked better than
74.74% of 285 companies
in the Credit Services industry
Industry Median: 43.72 vs BOM:534060: 166.76

PMC Fincorp's Days Payable declined from Mar. 2023 (378.90) to Mar. 2024 (98.77). It may suggest that PMC Fincorp accelerated paying its suppliers.

PMC Fincorp Days Payable Historical Data

The historical data trend for PMC Fincorp'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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PMC Fincorp Days Payable Chart

PMC Fincorp Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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21.15

34.49

22.72

192.73

245.73

PMC Fincorp 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															378.90	384.28	8.12	9.34	98.77

Competitive Comparison of PMC Fincorp's Days Payable

For the Credit Services subindustry, PMC Fincorp'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.

PMC Fincorp's Days Payable Distribution in the Credit Services Industry

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

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

PMC Fincorp 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.

PMC Fincorp'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
=	( (24.64	+	5.65)	/	2 )	/	22.496	*	365
=	15.145					/	22.496	*	365
=	245.73

PMC Fincorp'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	+	5.65)	/	1 )	/	5.22	*	365 / 4
=	5.65					/	5.22	*	365 / 4
=	98.77

PMC Fincorp Days Payable Related Terms

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PMC Fincorp (BOM:534060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PMC Fincorp Ltd (BOM:534060) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 & 202 Second Floor Rattan Jyoti Building, 18, Rajendra Place, New Delhi, IND, 110008

Website

https://www.pmcfincorp.com

PMC Fincorp Ltd is a non-banking finance company. It is engaged in financing business, trading in the shares, and investment activities. It offers Corporate and Personal Finance, Debt Syndication, Private Placement, Arranger, Distribution and Marketing of Financial Products, and Dealing and Investment in the Stock Market. The company generates the majority of its revenue from Interest Income.

PMC Fincorp (BOM:534060) Headlines

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