JMD Ventures (BOM:511092) Days Payable : 16.19 (As of Mar. 2024)

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What is JMD Ventures Days Payable?

JMD Ventures's average Accounts Payable for the three months ended in Mar. 2024 was ₹0.71 Mil. JMD Ventures's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4.00 Mil. Hence, JMD Ventures's Days Payable for the three months ended in Mar. 2024 was 16.19.

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

BOM:511092' s Days Payable Range Over the Past 10 Years
Min: 7.11 Med: 168.35 Max: 503.59
Current: 43.12

During the past 13 years, JMD Ventures's highest Days Payable was 503.59. The lowest was 7.11. And the median was 168.35.

BOM:511092's Days Payable is ranked worse than
65.83% of 521 companies
in the Capital Markets industry
Industry Median: 107.19 vs BOM:511092: 43.12

JMD Ventures's Days Payable declined from Mar. 2023 (27.19) to Mar. 2024 (16.19). It may suggest that JMD Ventures accelerated paying its suppliers.

JMD Ventures Days Payable Historical Data

The historical data trend for JMD Ventures'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.

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JMD Ventures Days Payable Chart

JMD Ventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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182.52

42.34

172.06

62.43

7.11

JMD Ventures Quarterly Data
	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															27.19	-	-	20.17	16.19

Competitive Comparison of JMD Ventures's Days Payable

For the Capital Markets subindustry, JMD Ventures'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.

JMD Ventures's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where JMD Ventures's Days Payable falls into.

JMD Ventures 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.

JMD Ventures'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
=	( (0.71	+	0.71)	/	2 )	/	36.428	*	365
=	0.71					/	36.428	*	365
=	7.11

JMD Ventures's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0.71)	/	1 )	/	4.002	*	365 / 4
=	0.71					/	4.002	*	365 / 4
=	16.19

JMD Ventures Days Payable Related Terms

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JMD Ventures (BOM:511092) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » JMD Ventures Ltd (BOM:511092) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Link Road, Unit Number 323 and 324, 3rd Floor, Building Number 9, Laxmi Plaza, Andheri (West), Mumbai, MH, IND, 400053

Website

https://www.jmdlimited.co.in

JMD Ventures Ltd operates in the music industry. The company is engaged in the business of entertainment (Music) segment as well as in the segment of finance and investments. The activities of the company include recording and sale of music CDs, renting the recording studios, financing, investing in shares and other securities, commodities, and other related activities of capital markets. The company generates maximum revenue from finance and investments.

JMD Ventures (BOM:511092) Headlines

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