Keynote Financial Services (NSE:KEYFINSERV) Days Payable: 84.22 (As of Mar. 2026) — 76% Below Median


NSE:KEYFINSERV Keynote Financial Services Ltd NSE:KEYFINSERV
75 GF Score
Price ₹273.75
GF Value ₹224.85
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Keynote Financial Services Days Payable?

Keynote Financial Services NSE:KEYFINSERV -2.31% 75 Days Payable is 84.22 as of Mar. 2026, which is 76% below its 10-year median of 353.08. GuruFocus rates NSE:KEYFINSERV with a GF Score™ of 75/100 and a GF Value™ of ₹224.85 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 538 Capital Markets companies, Keynote Financial Services ranks better than 55.58% on this metric.

Keynote Financial Services's average Accounts Payable for the three months ended in Mar. 2026 was ₹38.8 Mil. Keynote Financial Services's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹42.0 Mil. Hence, Keynote Financial Services's Days Payable for the three months ended in Mar. 2026 was 84.22.

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

NSE:KEYFINSERV' s Days Payable Range Over the Past 10 Years
Min: 130.4   Med: 353.08   Max: 3151.29
Current: 130.4

During the past 13 years, Keynote Financial Services's highest Days Payable was 3151.29. The lowest was 130.40. And the median was 353.08.

NSE:KEYFINSERV's Days Payable is ranked better than
55.58% of 538 companies
in the Capital Markets industry
Industry Median: 90.065 vs NSE:KEYFINSERV: 130.40

Keynote Financial Services's Days Payable declined from Mar. 2025 (108.82) to Mar. 2026 (84.22). It may suggest that Keynote Financial Services accelerated paying its suppliers.


Keynote Financial Services Days Payable Historical Data

* Premium members only.

The historical data trend for Keynote Financial 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.

Keynote Financial Services Days Payable Chart

Keynote Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 273.33 189.57 141.96 139.28 137.43

Keynote Financial Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 108.82 188.99 142.00 132.89 84.22

NSE:KEYFINSERV vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Keynote Financial 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.


Keynote Financial Services Days Payable vs Capital Markets Industry

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

* The bar in red indicates where Keynote Financial Services's Days Payable falls into.


NSE:KEYFINSERV
75GF Score
Keynote Financial Services Ltd NSE:KEYFINSERV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Keynote Financial 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.

Keynote Financial Services'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
=( (43.681 + 38.788) / 2 ) / 109.512*365
=41.2345 / 109.512*365
=137.43

Keynote Financial Services'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 38.788) / 1 ) / 42.027*365 / 4
=38.788 / 42.027*365 / 4
=84.22

* 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 84.22 mean?
Keynote Financial Services (NSE:KEYFINSERV) has a Days Payable of 84.22 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 Keynote Financial Services and its competitors. This is 76% below median its historical median of 353.08. Over the past decade, Keynote Financial Services' Days Payable has ranged from 130.40 to 3,151.29. According to the industry distribution chart, Keynote Financial Services ranks #239 out of 538 companies in the Capital Markets industry, placing it in the top 44.4%.
Is Keynote Financial Services' Days Payable too high?
Keynote Financial Services' current Days Payable of 84.22 is 76% below median its 10-year median of 353.08. Over the past 10 years, this metric has ranged from a low of 130.40 to a high of 3,151.29. The Capital Markets industry median Days Payable is 90.07. Keynote Financial Services' value of 84.22 is 6.5% below this industry median. Based on the distribution chart, Keynote Financial Services ranks #239 out of 538 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Keynote Financial Services has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keynote Financial Services' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Keynote Financial Services ranks #239 out of 538 companies for Days Payable. This puts Keynote Financial Services in the upper half of its industry. The industry median Days Payable is 90.07. Keynote Financial Services' value of 84.22 is 6.5% below this benchmark. Historically, Keynote Financial Services' own Days Payable has ranged from 130.40 to 3,151.29 over the past decade. While the company's 10-year median is 353.08 vs. the industry median of 90.07, Keynote Financial 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 90.07, based on 538 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. Keynote Financial Services's current Days Payable of 84.22 is 6.5% 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 Keynote Financial Services and its competitors. For the Capital Markets industry, the median Days Payable is 90.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keynote Financial Services's current Days Payable is 84.22, which is 76% below median its own 10-year median of 353.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keynote Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Keynote Financial Services (NSE:KEYFINSERV) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹224.85, compared to a current price of ₹273.75 — trading 21.7% above its estimated fair value. The current Days Payable is 84.22, which is 76% below median its 10-year median of 353.08 and 6.5% below the Capital Markets industry median of 90.07. Keynote Financial Services' overall GF Score™ is 75/100 with 6 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 Keynote Financial Services (NSE:KEYFINSERV), the current Days Payable is 84.22 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.

Is Keynote Financial Services (NSE:KEYFINSERV) Overvalued in 2026?

Based on GuruFocus' analysis, Keynote Financial Services stock appears to be overvalued. The current stock price of ₹273.75 is trading 21.7% above its estimated GF Value™ of ₹224.85. GuruFocus considers Keynote Financial Services to be Modestly Overvalued.

Key valuation signals for NSE:KEYFINSERV:

  • Days Payable: 84.22 (76% below median its 10-year median of 353.08)
  • GF Value™: ₹224.85 vs. price of ₹273.75 (21.7% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 6.5% below the Capital Markets median (#239 of 538)

No single metric tells the full story. See the NSE:KEYFINSERV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keynote Financial Services Business Description

Other Exchanges 512597:India
Address Senapati Bapat Marg, Kasaravadi, The Ruby, 9th Floor, Dadar (West), Mumbai, MH, IND, 400028
Keynote Financial Services Ltd is engaged in the capital market business sector. Its operating segments include Corporate Finance; ESOP Advisory; Merchant Banking; and Debt advisory. The company generates maximum revenue from the Merchant banking segment. Geographically, it generates the majority of the revenue from India. Broking and other related activities include broking services to clients, advisory services, depository services, etc. Investment banking represents the results of raising financial capital by underwriting or acting as the client's agent in the issuance of securities.
75GF Score

Get the complete analysis for NSE:KEYFINSERV

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹273.75
Price
₹224.85
GF Value