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PB Fintech (NSE:POLICYBZR) Days Payable : 66.56 (As of Sep. 2024)


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What is PB Fintech Days Payable?

PB Fintech's average Accounts Payable for the three months ended in Sep. 2024 was ₹3,702 Mil. PB Fintech's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹5,076 Mil. Hence, PB Fintech's Days Payable for the three months ended in Sep. 2024 was 66.56.

The historical rank and industry rank for PB Fintech's Days Payable or its related term are showing as below:

NSE:POLICYBZR' s Days Payable Range Over the Past 10 Years
Min: 43.62   Med: 86.59   Max: 100.81
Current: 56.47

During the past 6 years, PB Fintech's highest Days Payable was 100.81. The lowest was 43.62. And the median was 86.59.

NSE:POLICYBZR's Days Payable is ranked better than
53.19% of 47 companies
in the Insurance industry
Industry Median: 48.8 vs NSE:POLICYBZR: 56.47

PB Fintech's Days Payable increased from Sep. 2023 (66.55) to Sep. 2024 (66.56). It may suggest that PB Fintech delayed paying its suppliers.


PB Fintech Days Payable Historical Data

The historical data trend for PB Fintech'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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PB Fintech Days Payable Chart

PB Fintech Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial 79.98 95.54 43.62 93.20 56.70

PB Fintech Quarterly Data
Mar19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 66.55 70.75 36.64 60.32 66.56

Competitive Comparison of PB Fintech's Days Payable

For the Insurance Brokers subindustry, PB Fintech'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.


PB Fintech's Days Payable Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PB Fintech's Days Payable distribution charts can be found below:

* The bar in red indicates where PB Fintech's Days Payable falls into.



PB Fintech 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.

PB Fintech'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
=( (3061 + 3010.6) / 2 ) / 19542.7*365
=3035.8 / 19542.7*365
=56.70

PB Fintech's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 3702.1) / 1 ) / 5075.7*365 / 4
=3702.1 / 5075.7*365 / 4
=66.56

* 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.


PB Fintech Days Payable Related Terms

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PB Fintech Business Description

Traded in Other Exchanges
Address
Sector 44, Plot No. 119, Gurugram, HR, IND, 122001
PB Fintech Ltd is an online platform for insurance and lending products. The company provides convenient access to insurance, credit, and other financial products and aims to create awareness in India about the financial impact of death, disease, and damage. The group earns its entire revenue within India only. The company has two operating segments; the Insurance services segment and the Other services segment. The company generates the majority of its revenue from the Insurance services segment, which consists of Insurance Broker services provided by the group.

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