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Yamini Investments Co (BOM:511012) Days Payable : 1.16 (As of Dec. 2023)


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What is Yamini Investments Co Days Payable?

Yamini Investments Co's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.35 Mil. Yamini Investments Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹27.48 Mil. Hence, Yamini Investments Co's Days Payable for the three months ended in Dec. 2023 was 1.16.

The historical rank and industry rank for Yamini Investments Co's Days Payable or its related term are showing as below:

BOM:511012' s Days Payable Range Over the Past 10 Years
Min: 6.33   Med: 112.22   Max: 222.11
Current: 65.75

During the past 10 years, Yamini Investments Co's highest Days Payable was 222.11. The lowest was 6.33. And the median was 112.22.

BOM:511012's Days Payable is ranked worse than
58.14% of 528 companies
in the Capital Markets industry
Industry Median: 105.34 vs BOM:511012: 65.75

Yamini Investments Co's Days Payable declined from Dec. 2022 (57.31) to Dec. 2023 (1.16). It may suggest that Yamini Investments Co accelerated paying its suppliers.


Yamini Investments Co Days Payable Historical Data

The historical data trend for Yamini Investments Co'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.

Yamini Investments Co Days Payable Chart

Yamini Investments Co 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 222.11 125.73 120.15 67.79 105.17

Yamini Investments Co 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 57.31 90.80 693.92 3.28 1.16

Competitive Comparison of Yamini Investments Co's Days Payable

For the Capital Markets subindustry, Yamini Investments Co'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.


Yamini Investments Co's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where Yamini Investments Co's Days Payable falls into.



Yamini Investments Co 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.

Yamini Investments Co'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
=( (3.737 + 26.981) / 2 ) / 53.305*365
=15.359 / 53.305*365
=105.17

Yamini Investments Co'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
=( (0.349 + 0) / 1 ) / 27.475*365 / 4
=0.349 / 27.475*365 / 4
=1.16

* 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.


Yamini Investments Co Days Payable Related Terms

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Yamini Investments Co (BOM:511012) Business Description

Traded in Other Exchanges
N/A
Address
New Link Road, D-215, Crystal Plaza, Opp. Infinity Mall, Andheri (West), Mumbai, MH, IND, 400053
Yamini Investments Co Ltd is an Indian-based investment company. Its business activities include providing capital, loan, equity participation, and financial assistance to its customers. The majority of the company revenues are derived from the sale of financial instruments such as shares, securities, and bonds from various exchanges.

Yamini Investments Co (BOM:511012) Headlines

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