Rajkot Investment Trust (BOM:539495) Days Payable : 541.91 (As of Dec. 2024)

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What is Rajkot Investment Trust Days Payable?

Rajkot Investment Trust's average Accounts Payable for the three months ended in Dec. 2024 was ₹1.46 Mil. Rajkot Investment Trust's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹0.25 Mil. Hence, Rajkot Investment Trust's Days Payable for the three months ended in Dec. 2024 was 541.91.

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

BOM:539495' s Days Payable Range Over the Past 10 Years
Min: 219.39 Med: 637.87 Max: 2237.41
Current: 219.39

During the past 11 years, Rajkot Investment Trust's highest Days Payable was 2237.41. The lowest was 219.39. And the median was 637.87.

BOM:539495's Days Payable is ranked better than
82.53% of 292 companies
in the Credit Services industry
Industry Median: 36.385 vs BOM:539495: 219.39

Rajkot Investment Trust's Days Payable declined from Dec. 2023 (1,140.26) to Dec. 2024 (541.91). It may suggest that Rajkot Investment Trust accelerated paying its suppliers.

Rajkot Investment Trust Days Payable Historical Data

The historical data trend for Rajkot Investment Trust'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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Rajkot Investment Trust Days Payable Chart

Rajkot Investment Trust Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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934.78

1,026.40

1,570.06

2,237.41

423.37

Rajkot Investment Trust 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															1,140.26	140.50	205.84	205.84	541.91

Competitive Comparison of Rajkot Investment Trust's Days Payable

For the Credit Services subindustry, Rajkot Investment Trust'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.

Rajkot Investment Trust's Days Payable Distribution in the Credit Services Industry

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

* The bar in red indicates where Rajkot Investment Trust's Days Payable falls into.

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Rajkot Investment Trust 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.

Rajkot Investment Trust'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
=	( (1.526	+	1.455)	/	2 )	/	1.285	*	365
=	1.4905					/	1.285	*	365
=	423.37

Rajkot Investment Trust'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
=	( (1.455	+	0)	/	1 )	/	0.245	*	365 / 4
=	1.455					/	0.245	*	365 / 4
=	541.91

Rajkot Investment Trust Days Payable Related Terms

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Rajkot Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Rajkot Investment Trust Ltd (BOM:539495) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ring Road, M-23, Super Tex Tower, Opposite Kinney Talkies, Surat, GJ, IND, 395002

Website

https://www.ritl.co.in

Rajkot Investment Trust Ltd is engaged in the business of lending. The company derives its revenue from interest income.

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