Five-Star Business Finance (BOM:543663) Days Payable : 9.19 (As of Mar. 2024)

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What is Five-Star Business Finance Days Payable?

Five-Star Business Finance's average Accounts Payable for the three months ended in Mar. 2024 was ₹254 Mil. Five-Star Business Finance's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,520 Mil. Hence, Five-Star Business Finance's Days Payable for the three months ended in Mar. 2024 was 9.19.

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

BOM:543663' s Days Payable Range Over the Past 10 Years
Min: 6.11 Med: 7.39 Max: 9.86
Current: 9.55

During the past 5 years, Five-Star Business Finance's highest Days Payable was 9.86. The lowest was 6.11. And the median was 7.39.

BOM:543663's Days Payable is ranked worse than
82.69% of 283 companies
in the Credit Services industry
Industry Median: 48.78 vs BOM:543663: 9.55

Five-Star Business Finance's Days Payable declined from Mar. 2023 (10.58) to Mar. 2024 (9.19). It may suggest that Five-Star Business Finance accelerated paying its suppliers.

Five-Star Business Finance Days Payable Historical Data

The historical data trend for Five-Star Business 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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Five-Star Business Finance Days Payable Chart

Five-Star Business Finance Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

7.39

6.11

7.37

9.86

9.25

Five-Star Business Finance Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								10.58	9.41	10.76	9.55	9.19

Competitive Comparison of Five-Star Business Finance's Days Payable

For the Credit Services subindustry, Five-Star Business 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.

Five-Star Business Finance's Days Payable Distribution in the Credit Services Industry

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

* The bar in red indicates where Five-Star Business Finance's Days Payable falls into.

Five-Star Business 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.

Five-Star Business 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
=	( (200.901	+	253.743)	/	2 )	/	8970.851	*	365
=	227.322					/	8970.851	*	365
=	9.25

Five-Star Business Finance'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	+	253.743)	/	1 )	/	2520.114	*	365 / 4
=	253.743					/	2520.114	*	365 / 4
=	9.19

Five-Star Business Finance Days Payable Related Terms

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Five-Star Business Finance (BOM:543663) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Five-Star Business Finance Ltd (BOM:543663) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FIVESTAR:India

Address

New No. 27, Old No. 4, Taylor's Road, Kilpauk, Chennai, TN, IND, 600 010

Website

https://www.fivestargroup.in

Five-Star Business Finance Ltd provides secured loans to micro-entrepreneurs and self-employed individuals for business purposes, as well as for asset creation such as home renovation or improvement, or for meeting expenses for significant economic events such as marriage, healthcare and education.

Five-Star Business Finance (BOM:543663) Headlines

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