Cox & Kings Financial Service (NSE:CKFSL) Days Payable: 137.24 (As of Mar. 2021)


What is Cox & Kings Financial Service Days Payable?

Cox & Kings Financial Service NSE:CKFSL Days Payable is 137.24 as of Mar. 2021.

Cox & Kings Financial Service's average Accounts Payable for the three months ended in Mar. 2021 was ₹190.40 Mil. Cox & Kings Financial Service's Cost of Goods Sold for the three months ended in Mar. 2021 was ₹126.60 Mil. Hence, Cox & Kings Financial Service's Days Payable for the three months ended in Mar. 2021 was 137.24.

The historical rank and industry rank for Cox & Kings Financial Service's Days Payable or its related term are showing as below:

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

Cox & Kings Financial Service's Days Payable increased from Mar. 2020 (118.92) to Mar. 2021 (137.24). It may suggest that Cox & Kings Financial Service delayed paying its suppliers.

Cox & Kings Financial Service Days Payable Historical Data

* Premium members only.

The historical data trend for Cox & Kings Financial Service'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.

Cox & Kings Financial Service Days Payable Chart

Cox & Kings Financial Service Annual Data
Trend Mar18 Mar19 Mar20 Mar21
Days Payable
97.65 54.20 81.60 127.75

Cox & Kings Financial Service Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 118.92 119.57 123.22 132.42 137.24

Cox & Kings Financial Service Days Payable Competitor Comparison

For the Credit Services subindustry, Cox & Kings Financial Service'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.

Cox & Kings Financial Service Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Cox & Kings Financial Service's Days Payable distribution charts can be found below:

* The bar in red indicates where Cox & Kings Financial Service's Days Payable falls into.


Cox & Kings Financial Service 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.

Cox & Kings Financial Service's Days Payable for the fiscal year that ended in Mar. 2021 is calculated as

Days Payable (A: Mar. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2020 ) + Accounts Payable (A: Mar. 2021 )) / count ) / Cost of Goods Sold (A: Mar. 2021 )*Days in Period
=( (190.4 + 190.4) / 2 ) / 544*365
=190.4 / 544*365
=127.75

Cox & Kings Financial Service's Days Payable for the quarter that ended in Mar. 2021 is calculated as:

Days Payable (Q: Mar. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Mar. 2021 )) / count ) / Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=( (0 + 190.4) / 1 ) / 126.6*365 / 4
=190.4 / 126.6*365 / 4
=137.24

* 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 137.24 mean?
Cox & Kings Financial Service (NSE:CKFSL) has a Days Payable of 137.24 as of Mar. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cox & Kings Financial Service and its competitors.
Is Cox & Kings Financial Service's Days Payable too high?
Cox & Kings Financial Service's current Days Payable is 137.24. The Credit Services industry median Days Payable is 33.87. Cox & Kings Financial Service's value of 137.24 is 305.2% above this industry median.
How does Cox & Kings Financial Service's Days Payable compare to competitors?
Cox & Kings Financial Service's Days Payable of 137.24 can be compared against companies in the Credit Services industry. The industry median Days Payable is 33.87. Cox & Kings Financial Service's value of 137.24 is 305.2% 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. Cox & Kings Financial Service's current Days Payable of 137.24 is 305.2% 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 Cox & Kings Financial Service 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. Cox & Kings Financial Service's current Days Payable is 137.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cox & Kings Financial Service stock overvalued right now?
Cox & Kings Financial Service (NSE:CKFSL) has a current Days Payable of 137.24. The current Days Payable is 137.24 and 305.2% above the Credit Services industry median of 33.87. 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 Cox & Kings Financial Service (NSE:CKFSL), the current Days Payable is 137.24 as of Mar. 2021. 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.

Cox & Kings Financial Service Business Description

Address Off. Andheri Kurla Link Road, Marol Makwana Road, 1st Floor, Vaman Centre, Andheri (East), Mumbai, MH, IND, 400001
Cox & Kings Financial Service Ltd is an Indian based company proposes to carry on Foreign Exchange Business, Holiday Financing, Student Loan Financing and Other Non-Banking Financial Service Activities.