SME Leasing (KAR:SLL) Days Payable: 374.63 (As of Sep. 2024)


KAR:SLL SME Leasing Ltd KAR:SLL
2 GF Score
Price ₨1.70
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What is SME Leasing Days Payable?

SME Leasing KAR:SLL 2 Days Payable is 374.63 as of Sep. 2024. GuruFocus rates KAR:SLL with a GF Score™ of 2/100.

SME Leasing's average Accounts Payable for the three months ended in Sep. 2024 was ₨65.04 Mil. SME Leasing's Cost of Goods Sold for the three months ended in Sep. 2024 was ₨15.84 Mil. Hence, SME Leasing's Days Payable for the three months ended in Sep. 2024 was 374.63.

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

KAR:SLL's Days Payable is not ranked *
in the Credit Services industry.
Industry Median: 33.87
* Ranked among companies with meaningful Days Payable only.

SME Leasing's Days Payable increased from Sep. 2023 (142.86) to Sep. 2024 (374.63). It may suggest that SME Leasing delayed paying its suppliers.

SME Leasing Days Payable Historical Data

* Premium members only.

The historical data trend for SME Leasing'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.

SME Leasing Days Payable Chart

SME Leasing Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.59 24.41 35.30 37.56 113.93

SME Leasing Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 142.86 151.64 183.92 288.13 374.63

KAR:SLL vs V, MA, AXP: Days Payable Comparison

For the Credit Services subindustry, SME Leasing'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.

SME Leasing Days Payable vs Credit Services Industry

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

* The bar in red indicates where SME Leasing's Days Payable falls into.


KAR:SLL
2GF Score
SME Leasing Ltd KAR:SLL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SME Leasing 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.

SME Leasing'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
=( (6.479 + 31.805) / 2 ) / 61.327*365
=19.142 / 61.327*365
=113.93

SME Leasing's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (60.566 + 69.507) / 2 ) / 15.841*365 / 4
=65.0365 / 15.841*365 / 4
=374.63

* 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 374.63 mean?
SME Leasing (KAR:SLL) has a Days Payable of 374.63 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SME Leasing and its competitors.
Is SME Leasing's Days Payable too high?
SME Leasing's current Days Payable is 374.63. The Credit Services industry median Days Payable is 33.87. SME Leasing's value of 374.63 is 1006.1% above this industry median. Overall, SME Leasing has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does SME Leasing's Days Payable compare to V and MA?
SME Leasing's Days Payable of 374.63 can be compared against companies in the Credit Services industry. The industry median Days Payable is 33.87. SME Leasing's value of 374.63 is 1006.1% above this benchmark. 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.87, based on 301 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. SME Leasing's current Days Payable of 374.63 is 1006.1% above 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 SME Leasing and its competitors. For the Credit Services industry, the median Days Payable is 33.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SME Leasing's current Days Payable is 374.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SME Leasing stock overvalued right now?
SME Leasing (KAR:SLL) has a current Days Payable of 374.63. The current Days Payable is 374.63 and 1006.1% above the Credit Services industry median of 33.87. SME Leasing's overall GF Score™ is 2/100. 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 SME Leasing (KAR:SLL), the current Days Payable is 374.63 as of Sep. 2024. 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.

SME Leasing Business Description

Address Shahra-e-Faisal, Office No. 304, 3rd Floor, Business Arcade, Karachi, PAK
SME Leasing Ltd along with its subsidiaries is engaged in resolving, advising, and supporting the financial needs of small as well as medium size businessmen, traders, professionals, and educationists. The company's product profile includes SME Automobile, SME Cash Support, SME Machine Plus, SME Power Plus and SME Medical Equip. Its segments are finance lease, loans and receivables and investments.
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