Clear Secured Services (NSE:CSSL) Days Payable: 2.33 (As of Mar. 2025) — 61% Below Median


NSE:CSSL Clear Secured Services Ltd NSE:CSSL
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What is Clear Secured Services Days Payable?

Clear Secured Services NSE:CSSL -1.97% 13 Days Payable is 2.33 as of Mar. 2025, which is 61% below its 10-year median of 6.02. GuruFocus rates NSE:CSSL with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 943 Business Services companies, Clear Secured Services ranks worse than 96.61% on this metric.

Clear Secured Services's average Accounts Payable for the six months ended in Mar. 2025 was ₹21 Mil. Clear Secured Services's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹3,291 Mil. Hence, Clear Secured Services's Days Payable for the six months ended in Mar. 2025 was 1.17.

The historical rank and industry rank for Clear Secured Services's Days Payable or its related term are showing as below:

NSE:CSSL' s Days Payable Range Over the Past 10 Years
Min: 2.33   Med: 6.02   Max: 8.54
Current: 2.33

During the past 3 years, Clear Secured Services's highest Days Payable was 8.54. The lowest was 2.33. And the median was 6.02.

NSE:CSSL's Days Payable is ranked worse than
96.61% of 943 companies
in the Business Services industry
Industry Median: 46.92 vs NSE:CSSL: 2.33

Clear Secured Services's Days Payable declined from Mar. 2023 (8.54) to Mar. 2025 (2.33). It may suggest that Clear Secured Services accelerated paying its suppliers.


Clear Secured Services Days Payable Historical Data

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The historical data trend for Clear Secured Services'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.

Clear Secured Services Days Payable Chart

Clear Secured Services Annual Data
Trend Mar23 Mar24 Mar25
Days Payable
8.54 6.02 2.33

Clear Secured Services Semi-Annual Data
Mar23 Mar24 Mar25
Days Payable 8.54 6.02 2.33

NSE:CSSL vs KFY, RHI, TNET: Days Payable Comparison

For the Staffing & Employment Services subindustry, Clear Secured Services'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.


Clear Secured Services Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Clear Secured Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Clear Secured Services's Days Payable falls into.


NSE:CSSL
13GF Score
Clear Secured Services Ltd NSE:CSSL
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Clear Secured Services 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.

Clear Secured Services's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (22.503 + 19.59) / 2 ) / 3291.212*365
=21.0465 / 3291.212*365
=2.33

Clear Secured Services's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (22.503 + 19.59) / 2 ) / 3291.212*365 / 2
=21.0465 / 3291.212*365 / 2
=1.17

* 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 2.33 mean?
Clear Secured Services (NSE:CSSL) has a Days Payable of 2.33 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Clear Secured Services and its competitors. This is 61% below median its historical median of 6.02. Over the past decade, Clear Secured Services' Days Payable has ranged from 2.33 to 8.54. According to the industry distribution chart, Clear Secured Services ranks #911 out of 943 companies in the Business Services industry, placing it in the top 96.6%.
Is Clear Secured Services' Days Payable too high?
Clear Secured Services' current Days Payable of 2.33 is 61% below median its 10-year median of 6.02. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 8.54. The Business Services industry median Days Payable is 46.92. Clear Secured Services' value of 2.33 is 95% below this industry median. Based on the distribution chart, Clear Secured Services ranks #911 out of 943 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Clear Secured Services has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Clear Secured Services' Days Payable compare to KFY and RHI?
According to the Business Services industry distribution chart, Clear Secured Services ranks #911 out of 943 companies for Days Payable. This places Clear Secured Services in the lower half of its industry. The industry median Days Payable is 46.92. Clear Secured Services' value of 2.33 is 95% below this benchmark. Historically, Clear Secured Services' own Days Payable has ranged from 2.33 to 8.54 over the past decade. While the company's 10-year median is 6.02 vs. the industry median of 46.92, Clear Secured Services 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. Clear Secured Services's current Days Payable of 2.33 is 95% 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 Clear Secured Services and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clear Secured Services's current Days Payable is 2.33, which is 61% below median its own 10-year median of 6.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clear Secured Services stock overvalued right now?
Clear Secured Services (NSE:CSSL) has a current Days Payable of 2.33. The current Days Payable is 2.33, which is 61% below median its 10-year median of 6.02 and 95% below the Business Services industry median of 46.92. Clear Secured Services' overall GF Score™ is 13/100 with 1 warning sign 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 Clear Secured Services (NSE:CSSL), the current Days Payable is 2.33 as of Mar. 2025. 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.

Clear Secured Services Business Description

Address Corporate Park Sion Trombay Road, VN Purav Marg, Block No.15, Swastik Park, Chembur, Mumbai, MH, IND, 400071
Clear Secured Services Ltd provides a range of services aimed at improving operational efficiency and supporting business functions across different sectors. The company specializes in Integrated Facility Management (IFM), offering both soft services - such as housekeeping, security services, payment management services, and staffing services - and hard services, including electro-mechanical services, repair and maintenance services, facade cleaning and pest control services. The company also operates in the Trading of Agro products and the Manufacturing of Iron and Steel Products. It generates the majority of revenue by providing its services-Facility Management.
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