Nuvama Wealth Management (NSE:NUVAMA) Days Payable : 1,418.26 (As of Sep. 2023)

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What is Nuvama Wealth Management Days Payable?

Nuvama Wealth Management's average Accounts Payable for the six months ended in Sep. 2023 was ₹31,716 Mil. Nuvama Wealth Management's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹4,081 Mil. Hence, Nuvama Wealth Management's Days Payable for the six months ended in Sep. 2023 was 1,418.26.

The historical rank and industry rank for Nuvama Wealth Management's Days Payable or its related term are showing as below:

NSE:NUVAMA' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2836.51
Current: 2836.51

During the past 0 years, Nuvama Wealth Management's highest Days Payable was 2836.51. The lowest was 0.00. And the median was 0.00.

NSE:NUVAMA's Days Payable is ranked better than
94.19% of 465 companies
in the Asset Management industry
Industry Median: 74.53 vs NSE:NUVAMA: 2836.51

Nuvama Wealth Management's Days Payable increased from . 20 (0.00) to Sep. 2023 (1,418.26). It may suggest that Nuvama Wealth Management delayed paying its suppliers.

Nuvama Wealth Management Days Payable Historical Data

The historical data trend for Nuvama Wealth Management'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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Nuvama Wealth Management Days Payable Chart

Nuvama Wealth Management Annual Data

Trend

Days Payable

Nuvama Wealth Management Semi-Annual Data
	Sep22	Sep23
Days Payable	-	1,418.26

Competitive Comparison of Nuvama Wealth Management's Days Payable

For the Asset Management subindustry, Nuvama Wealth Management'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.

Nuvama Wealth Management's Days Payable Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuvama Wealth Management's Days Payable falls into.

Nuvama Wealth Management 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.

Nuvama Wealth Management's Days Payable for the fiscal year that ended in . 20 is calculated as

	Days Payable (A: . 20 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: . 20 )	+	Accounts Payable (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

Nuvama Wealth Management's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	31716.1)	/	1 )	/	4081.2	*	365 / 2
=	31716.1					/	4081.2	*	365 / 2
=	1,418.26

Nuvama Wealth Management Days Payable Related Terms

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Nuvama Wealth Management (NSE:NUVAMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuvama Wealth Management Ltd (NSE:NUVAMA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

543988:India

Address

BKC Main Road, 8th floor, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051

Website

https://www.nuvamaprivate.com

Nuvama Wealth Management Ltd is an India-based leading wealth management solution provider with a presence across wealth & investment management, institutional securities, and custodial and advisory services. Its purpose is to help its clients capture opportunities and trends in financial markets and protect them from risks in a volatile world.

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