Rikhav Securities (BOM:544340) Days Payable: 8.76 (As of Mar. 2026) — 99% Below Median

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BOM:544340 Rikhav Securities Ltd BOM:544340
20 GF Score
Price ₹47.25
! 3 Warning Signs
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What is Rikhav Securities Days Payable?

Rikhav Securities BOM:544340 +1.29% 20 Days Payable is 8.76 as of Mar. 2026, which is 99% below its 10-year median of 1,705.03. GuruFocus rates BOM:544340 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 540 Capital Markets companies, Rikhav Securities ranks worse than 78.89% on this metric.

Rikhav Securities's average Accounts Payable for the six months ended in Mar. 2026 was ₹759 Mil. Rikhav Securities's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹15,809 Mil. Hence, Rikhav Securities's Days Payable for the six months ended in Mar. 2026 was 8.76.

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

BOM:544340' s Days Payable Range Over the Past 10 Years
Min: 13.48   Med: 1705.03   Max: 4412.1
Current: 13.48

During the past 5 years, Rikhav Securities's highest Days Payable was 4412.10. The lowest was 13.48. And the median was 1705.03.

BOM:544340's Days Payable is ranked worse than
78.89% of 540 companies
in the Capital Markets industry
Industry Median: 92.28 vs BOM:544340: 13.48

Rikhav Securities's Days Payable declined from Mar. 2025 (60.19) to Mar. 2026 (8.76). It may suggest that Rikhav Securities accelerated paying its suppliers.


Rikhav Securities Days Payable Historical Data

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The historical data trend for Rikhav 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.

Rikhav Securities Days Payable Chart

Rikhav Securities Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
4,412.10 2,915.07 1,705.03 113.94 14.23

Rikhav Securities Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 2,319.56 60.19 32.62 8.76

BOM:544340 vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Rikhav 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.


Rikhav Securities Days Payable vs Capital Markets Industry

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

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


BOM:544340
20GF Score
Rikhav Securities Ltd BOM:544340
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Rikhav 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.

Rikhav Securities's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (624.454 + 883.1) / 2 ) / 19329.5*365
=753.777 / 19329.5*365
=14.23

Rikhav Securities's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (634.1 + 883.1) / 2 ) / 15809.093*365 / 2
=758.6 / 15809.093*365 / 2
=8.76

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 8.76 mean?
Rikhav Securities (BOM:544340) has a Days Payable of 8.76 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rikhav Securities and its competitors. This is 99% below median its historical median of 1,705.03. Over the past decade, Rikhav Securities' Days Payable has ranged from 13.48 to 4,412.10. According to the industry distribution chart, Rikhav Securities ranks #426 out of 540 companies in the Capital Markets industry, placing it in the top 78.9%.
Is Rikhav Securities' Days Payable too high?
Rikhav Securities' current Days Payable of 8.76 is 99% below median its 10-year median of 1,705.03. Over the past 10 years, this metric has ranged from a low of 13.48 to a high of 4,412.10. The Capital Markets industry median Days Payable is 92.28. Rikhav Securities' value of 8.76 is 90.5% below this industry median. Based on the distribution chart, Rikhav Securities ranks #426 out of 540 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Rikhav Securities has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Rikhav Securities' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Rikhav Securities ranks #426 out of 540 companies for Days Payable. This places Rikhav Securities in the lower half of its industry. The industry median Days Payable is 92.28. Rikhav Securities' value of 8.76 is 90.5% below this benchmark. Historically, Rikhav Securities' own Days Payable has ranged from 13.48 to 4,412.10 over the past decade. While the company's 10-year median is 1,705.03 vs. the industry median of 92.28, Rikhav Securities has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Capital Markets company?
The median Days Payable among Capital Markets companies is 92.28, based on 540 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rikhav Securities's current Days Payable of 8.76 is 90.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rikhav Securities and its competitors. For the Capital Markets industry, the median Days Payable is 92.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rikhav Securities's current Days Payable is 8.76, which is 99% below median its own 10-year median of 1,705.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rikhav Securities stock overvalued right now?
Rikhav Securities (BOM:544340) has a current Days Payable of 8.76. The current Days Payable is 8.76, which is 99% below median its 10-year median of 1,705.03 and 90.5% below the Capital Markets industry median of 92.28. Rikhav Securities' overall GF Score™ is 20/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Rikhav Securities (BOM:544340), the current Days Payable is 8.76 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rikhav Securities Business Description

Address Dalal Street, Office No. 922 - A, 9th Floor, P. J. Towers, Fort, Mumbai, MH, IND, 400 001
Rikhav Securities Ltd is engaged in the business of equity broking, investing, and trading activities. Its services encompass a comprehensive range of financial activities such as equity broking, It offers cash delivery, intra-day trading, futures, and options. The company is actively involved in trading across various derivative and commodity segments. The Company is also engaged in making proprietary investments in various tradable securities.
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