SBFC Finance (NSE:SBFC) Days Payable : 5.27 (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is SBFC Finance Days Payable?

SBFC Finance's average Accounts Payable for the three months ended in Dec. 2024 was ₹98 Mil. SBFC Finance's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,704 Mil. Hence, SBFC Finance's Days Payable for the three months ended in Dec. 2024 was 5.27.

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

NSE:SBFC' s Days Payable Range Over the Past 10 Years
Min: 6.8 Med: 7.58 Max: 8.02
Current: 6.85

During the past 5 years, SBFC Finance's highest Days Payable was 8.02. The lowest was 6.80. And the median was 7.58.

NSE:SBFC's Days Payable is ranked worse than
81.85% of 292 companies
in the Credit Services industry
Industry Median: 36.385 vs NSE:SBFC: 6.85

SBFC Finance's Days Payable declined from Dec. 2023 (7.84) to Dec. 2024 (5.27). It may suggest that SBFC Finance accelerated paying its suppliers.

SBFC Finance Days Payable Historical Data

The historical data trend for SBFC Finance'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.

* Premium members only.

SBFC Finance Days Payable Chart

SBFC Finance Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

7.58

6.80

8.02

7.65

7.13

SBFC Finance Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial								7.84	9.80	6.60	5.61	5.27

Competitive Comparison of SBFC Finance's Days Payable

For the Credit Services subindustry, SBFC Finance'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.

SBFC Finance's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SBFC Finance's Days Payable distribution charts can be found below:

* The bar in red indicates where SBFC Finance's Days Payable falls into.

Save Embed

;

Save Embed

;

SBFC Finance 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.

SBFC Finance'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
=	( (92.3	+	112.57)	/	2 )	/	5242.81	*	365
=	102.435					/	5242.81	*	365
=	7.13

SBFC Finance's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (98.45	+	0)	/	1 )	/	1704.42	*	365 / 4
=	98.45					/	1704.42	*	365 / 4
=	5.27

SBFC Finance Days Payable Related Terms

Thank you for viewing the detailed overview of SBFC Finance's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

SBFC Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SBFC Finance Ltd (NSE:SBFC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

543959:India

Address

Andheri Kurla Road, Unit No. 103, 1st Floor, C&B Square, CTS No. 95A, Sangam Complex, Village Chakala, Andheri East, Mumbai, MH, IND, 400 059

Website

https://www.sbfc.com

SBFC Finance Ltd is a systemically important, non-deposit-taking non-banking finance company offering Secured MSME Loans and Loans against Gold, with a majority of its borrowers being entrepreneurs, small business owners, self-employed individuals, salaried and working-class individuals. It has developed a PhyGital model which uses technology and authentic in-person service to create loans that support the ambitions of its customers. The company engages directly with small business owners and works through loan applications together, in person, at the customer's pace. The company generates the majority of its revenue from Interest Income.