SMC Global Securities (BOM:543263) Days Payable : 224.61 (As of Mar. 2024)

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What is SMC Global Securities Days Payable?

SMC Global Securities's average Accounts Payable for the three months ended in Mar. 2024 was ₹8,294 Mil. SMC Global Securities's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,370 Mil. Hence, SMC Global Securities's Days Payable for the three months ended in Mar. 2024 was 224.61.

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

BOM:543263' s Days Payable Range Over the Past 10 Years
Min: 264.37 Med: 278.77 Max: 310.72
Current: 299.65

During the past 5 years, SMC Global Securities's highest Days Payable was 310.72. The lowest was 264.37. And the median was 278.77.

BOM:543263's Days Payable is ranked better than
66.29% of 528 companies
in the Capital Markets industry
Industry Median: 105.34 vs BOM:543263: 299.65

SMC Global Securities's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (224.61). It may suggest that SMC Global Securities delayed paying its suppliers.

SMC Global Securities Days Payable Historical Data

The historical data trend for SMC Global 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.

* Premium members only.

SMC Global Securities Days Payable Chart

SMC Global Securities Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

265.05

264.37

290.98

310.72

278.77

SMC Global Securities Quarterly Data
	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												-	-	336.44	306.59	224.61

Competitive Comparison of SMC Global Securities's Days Payable

For the Capital Markets subindustry, SMC Global 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.

SMC Global Securities's Days Payable Distribution in the Capital Markets Industry

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

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

SMC Global 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.

SMC Global Securities'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	+	8294.158)	/	1 )	/	10859.586	*	365
=	8294.158					/	10859.586	*	365
=	278.77

SMC Global Securities'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	+	8294.158)	/	1 )	/	3369.638	*	365 / 4
=	8294.158					/	3369.638	*	365 / 4
=	224.61

SMC Global Securities Days Payable Related Terms

Thank you for viewing the detailed overview of SMC Global Securities's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

SMC Global Securities (BOM:543263) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SMC Global Securities Ltd (BOM:543263) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SMCGLOBAL:India

Address

Pusa Road, 11/6B, Shanti Chamber, New Delhi, IND, 110005

Website

https://www.smcindiaonline.com

SMC Global Securities Ltd is a diversified financial services company in India. The company offers brokerage services across the asset classes of equities, commodities and currency, investment banking, wealth management, distribution of third-party financial products, research, financing, depository services, insurance broking, clearing services, mortgage advisory, and real estate advisory services to corporates, institutions, high net worth individuals, and other retail clients.

SMC Global Securities (BOM:543263) Headlines

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