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Pioneer Investcorp (BOM:507864) Days Payable : 226.11 (As of Dec. 2023)


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What is Pioneer Investcorp Days Payable?

Pioneer Investcorp's average Accounts Payable for the three months ended in Dec. 2023 was ₹101.7 Mil. Pioneer Investcorp's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹41.0 Mil. Hence, Pioneer Investcorp's Days Payable for the three months ended in Dec. 2023 was 226.11.

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

BOM:507864' s Days Payable Range Over the Past 10 Years
Min: 47.53   Med: 66.69   Max: 238.87
Current: 238.87

During the past 13 years, Pioneer Investcorp's highest Days Payable was 238.87. The lowest was 47.53. And the median was 66.69.

BOM:507864's Days Payable is ranked better than
62.31% of 528 companies
in the Capital Markets industry
Industry Median: 108.18 vs BOM:507864: 238.87

Pioneer Investcorp's Days Payable declined from Dec. 2022 (233.56) to Dec. 2023 (226.11). It may suggest that Pioneer Investcorp accelerated paying its suppliers.


Pioneer Investcorp Days Payable Historical Data

The historical data trend for Pioneer Investcorp'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.

Pioneer Investcorp Days Payable Chart

Pioneer Investcorp 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 62.08 57.94 91.29 118.71 194.60

Pioneer Investcorp 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 233.56 277.45 227.94 220.60 226.11

Competitive Comparison of Pioneer Investcorp's Days Payable

For the Capital Markets subindustry, Pioneer Investcorp'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.


Pioneer Investcorp's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pioneer Investcorp's Days Payable distribution charts can be found below:

* The bar in red indicates where Pioneer Investcorp's Days Payable falls into.



Pioneer Investcorp 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.

Pioneer Investcorp'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
=( (60.594 + 98.012) / 2 ) / 148.742*365
=79.303 / 148.742*365
=194.60

Pioneer Investcorp'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
=( (101.685 + 0) / 1 ) / 41.036*365 / 4
=101.685 / 41.036*365 / 4
=226.11

* 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.


Pioneer Investcorp Days Payable Related Terms

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Pioneer Investcorp (BOM:507864) Business Description

Traded in Other Exchanges
N/A
Address
1218, Maker Chambers V, 12th Floor, Nariman Point, Mumbai, MH, IND, 400021
Pioneer Investcorp Ltd is a financial services company specializing in investment banking and advisory services. The company is a SEBI registered category I Merchant Banker. Its investment banking services include private equity advisory, merchant banking, corporate finance advisory, and strategic alliances, debt syndication, structured transactions, and mergers and acquisitions. The company also deals in products like Treasury Bills, Government securities, State Development Loans, Non-SLR Bonds, Corporate Bonds, and money market instruments like Certificates of Deposit, Commercial Paper, Inter-Corporate Deposits, and Call and notice Money Deposits. It also provides underwriting, claims, reinsurance, and risk management for a diverse set of clients.

Pioneer Investcorp (BOM:507864) Headlines

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