Jahangir Siddiqui (KAR:JSCL) Days Payable : 91.70 (As of Mar. 2024)

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What is Jahangir Siddiqui Days Payable?

Jahangir Siddiqui's average Accounts Payable for the three months ended in Mar. 2024 was ₨39,128 Mil. Jahangir Siddiqui's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨38,937 Mil. Hence, Jahangir Siddiqui's Days Payable for the three months ended in Mar. 2024 was 91.70.

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

KAR:JSCL' s Days Payable Range Over the Past 10 Years
Min: 70.54 Med: 119.03 Max: 210.01
Current: 107.08

During the past 13 years, Jahangir Siddiqui's highest Days Payable was 210.01. The lowest was 70.54. And the median was 119.03.

KAR:JSCL's Days Payable is ranked better than
65.52% of 29 companies
in the Banks industry
Industry Median: 54.77 vs KAR:JSCL: 107.08

Jahangir Siddiqui's Days Payable declined from Mar. 2023 (112.54) to Mar. 2024 (91.70). It may suggest that Jahangir Siddiqui accelerated paying its suppliers.

Jahangir Siddiqui Days Payable Historical Data

The historical data trend for Jahangir Siddiqui'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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Jahangir Siddiqui Days Payable Chart

Jahangir Siddiqui Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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79.76

90.80

127.96

70.54

71.68

Jahangir Siddiqui 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															112.54	150.84	143.94	80.83	91.70

Competitive Comparison of Jahangir Siddiqui's Days Payable

For the Banks - Regional subindustry, Jahangir Siddiqui'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.

Jahangir Siddiqui's Days Payable Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jahangir Siddiqui's Days Payable distribution charts can be found below:

* The bar in red indicates where Jahangir Siddiqui's Days Payable falls into.

Jahangir Siddiqui 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.

Jahangir Siddiqui's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (12237.746	+	28076.034)	/	2 )	/	102640.091	*	365
=	20156.89					/	102640.091	*	365
=	71.68

Jahangir Siddiqui'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
=	( (28076.034	+	50180.308)	/	2 )	/	38937.255	*	365 / 4
=	39128.171					/	38937.255	*	365 / 4
=	91.70

Jahangir Siddiqui Days Payable Related Terms

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Jahangir Siddiqui (KAR:JSCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jahangir Siddiqui & Co Ltd (KAR:JSCL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdullah Haroon Road, 20th Floor, The Centre Plot No. 28, SB-5, Saddar, Karachi, PAK, 74400

Website

https://www.js.com

Jahangir Siddiqui & Co Ltd offers banking services. The company operates through a various business segment that is Capital Market and Brokerage, which is engaged in trading of equity securities, maintaining strategic and trading portfolios and earning share brokerage and money market, forex and commodity brokerage; Banking, which provides investment and commercial banking; Investment Advisor, which provides investment advisory and asset management services to different mutual funds and unit trusts; Energy Infrastructure and petroleum segment engaged into investment in the oil marketing sector and storage of petroleum, Liquified Petroleum gas and allied products; and Others. The Banking segment generates maximum revenue for the company.

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