Nalwa Sons Investments (NSE:NSIL) Days Payable : 0.93 (As of Mar. 2024)

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What is Nalwa Sons Investments Days Payable?

Nalwa Sons Investments's average Accounts Payable for the three months ended in Mar. 2024 was ₹0.6 Mil. Nalwa Sons Investments's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹56.4 Mil. Hence, Nalwa Sons Investments's Days Payable for the three months ended in Mar. 2024 was 0.93.

The historical rank and industry rank for Nalwa Sons Investments's Days Payable or its related term are showing as below:

NSE:NSIL' s Days Payable Range Over the Past 10 Years
Min: 1.26 Med: 304.97 Max: 5758.68
Current: 1.38

During the past 13 years, Nalwa Sons Investments's highest Days Payable was 5758.68. The lowest was 1.26. And the median was 304.97.

NSE:NSIL's Days Payable is ranked worse than
96.78% of 466 companies
in the Asset Management industry
Industry Median: 74.64 vs NSE:NSIL: 1.38

Nalwa Sons Investments's Days Payable declined from Mar. 2023 (5.71) to Mar. 2024 (0.93). It may suggest that Nalwa Sons Investments accelerated paying its suppliers.

Nalwa Sons Investments Days Payable Historical Data

The historical data trend for Nalwa Sons Investments'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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Nalwa Sons Investments Days Payable Chart

Nalwa Sons Investments Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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1.89

1.26

2.71

1.73

Nalwa Sons Investments 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															5.71	6.07	2.59	0.43	0.93

Competitive Comparison of Nalwa Sons Investments's Days Payable

For the Asset Management subindustry, Nalwa Sons Investments'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.

Nalwa Sons Investments's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nalwa Sons Investments's Days Payable distribution charts can be found below:

* The bar in red indicates where Nalwa Sons Investments's Days Payable falls into.

Nalwa Sons Investments 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.

Nalwa Sons Investments's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (0.579	+	0.572)	/	2 )	/	121.071	*	365
=	0.5755					/	121.071	*	365
=	1.73

Nalwa Sons Investments'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
=	( (0	+	0.572)	/	1 )	/	56.427	*	365 / 4
=	0.572					/	56.427	*	365 / 4
=	0.93

Nalwa Sons Investments Days Payable Related Terms

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Nalwa Sons Investments (NSE:NSIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nalwa Sons Investments Ltd (NSE:NSIL) » Definitions » Days Payable

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Traded in Other Exchanges

532256:India

Address

Jindal Centre, 12 Bhikaiji Cama Place, New Delhi, IND, 110066

Website

https://www.nalwasons.com

Nalwa Sons Investments Ltd is engaged in the Investment and Finance business. The majority of the revenue is derived in the form of dividends followed by interest income.

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