GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Svaraj Trading & Agencies Ltd (BOM:503624) » Definitions » Days Payable

Svaraj Trading & Agencies (BOM:503624) Days Payable : 43.12 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Svaraj Trading & Agencies Days Payable?

Svaraj Trading & Agencies's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.24 Mil. Svaraj Trading & Agencies's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.51 Mil. Hence, Svaraj Trading & Agencies's Days Payable for the three months ended in Dec. 2023 was 43.12.

The historical rank and industry rank for Svaraj Trading & Agencies's Days Payable or its related term are showing as below:

BOM:503624' s Days Payable Range Over the Past 10 Years
Min: 0.89   Med: 43.39   Max: 76.38
Current: 63.43

During the past 13 years, Svaraj Trading & Agencies's highest Days Payable was 76.38. The lowest was 0.89. And the median was 43.39.

BOM:503624's Days Payable is ranked worse than
60.04% of 528 companies
in the Capital Markets industry
Industry Median: 108.18 vs BOM:503624: 63.43

Svaraj Trading & Agencies's Days Payable declined from Dec. 2022 (52.80) to Dec. 2023 (43.12). It may suggest that Svaraj Trading & Agencies accelerated paying its suppliers.


Svaraj Trading & Agencies Days Payable Historical Data

The historical data trend for Svaraj Trading & Agencies'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.

Svaraj Trading & Agencies Days Payable Chart

Svaraj Trading & Agencies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 76.38 54.85 35.75 51.02

Svaraj Trading & Agencies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 52.80 316.75 61.79 41.65 43.12

Competitive Comparison of Svaraj Trading & Agencies's Days Payable

For the Capital Markets subindustry, Svaraj Trading & Agencies'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.


Svaraj Trading & Agencies's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Svaraj Trading & Agencies's Days Payable distribution charts can be found below:

* The bar in red indicates where Svaraj Trading & Agencies's Days Payable falls into.



Svaraj Trading & Agencies 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.

Svaraj Trading & Agencies'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
=( (0.114 + 0.302) / 2 ) / 1.488*365
=0.208 / 1.488*365
=51.02

Svaraj Trading & Agencies'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
=( (0.241 + 0) / 1 ) / 0.51*365 / 4
=0.241 / 0.51*365 / 4
=43.12

* 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.


Svaraj Trading & Agencies Days Payable Related Terms

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


Svaraj Trading & Agencies (BOM:503624) Business Description

Traded in Other Exchanges
N/A
Address
Jagannath Sunkersett Road, Office No. 30, 2nd floor, 380/82 Amruteshwar Co-operative Housing Soc. Ltd, Mumbai, MH, IND, 400002
Svaraj Trading & Agencies Ltd is principally engaged in the business of trading and investment in securities. The products and services offered by the company include trading agencies business and allied activities business.

Svaraj Trading & Agencies (BOM:503624) Headlines

No Headlines