Indian Railway Finance (BOM:543257) Days Payable : 0.00 (As of Dec. 2023)

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What is Indian Railway Finance Days Payable?

Indian Railway Finance's average Accounts Payable for the three months ended in Dec. 2023 was ₹0 Mil. Indian Railway Finance's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹51,074 Mil. Hence, Indian Railway Finance's Days Payable for the three months ended in Dec. 2023 was 0.00.

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

BOM:543257' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 259.89
Current: 259.89

During the past 6 years, Indian Railway Finance's highest Days Payable was 259.89. The lowest was 0.00. And the median was 0.00.

BOM:543257's Days Payable is ranked better than
81.27% of 283 companies
in the Credit Services industry
Industry Median: 48.78 vs BOM:543257: 259.89

Indian Railway Finance's Days Payable declined from Dec. 2022 (215.99) to Dec. 2023 (0.00). It may suggest that Indian Railway Finance accelerated paying its suppliers.

Indian Railway Finance Days Payable Historical Data

The historical data trend for Indian Railway 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.

Indian Railway Finance Days Payable Chart

Indian Railway Finance Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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Indian Railway Finance Quarterly Data
	Mar18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial														215.99	-	-	-	-

Competitive Comparison of Indian Railway Finance's Days Payable

For the Credit Services subindustry, Indian Railway 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.

Indian Railway Finance's Days Payable Distribution in the Credit Services Industry

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

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

Indian Railway 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.

Indian Railway Finance's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	123242.01	*	365
=	0					/	123242.01	*	365
=	0.00

Indian Railway Finance's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	51074.1	*	365 / 4
=	0					/	51074.1	*	365 / 4
=	0.00

Indian Railway Finance Days Payable Related Terms

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Indian Railway Finance (BOM:543257) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indian Railway Finance Corp Ltd (BOM:543257) » Definitions » Days Payable

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IRFC:India

Address

Bhisham Pitamah Marg, Lodhi Road, UG Floor, East Tower, NBCC Place, Pragati Vihar, New Delhi, IND, 110003

Website

https://irfc.co.in

Indian Railway Finance Corp Ltd is engaged in the business of borrowing funds from the financial markets to finance the acquisition/creation of assets which are then leased out to the Indian Railways or any entity under the Ministry of Railways. Its only operating segment being Leasing and Finance. The company generates maximum revenue from Lease Income.

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