Sugal & Damani Share Brokers (BOM:511654) Days Payable : 481.30 (As of Dec. 2023)

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What is Sugal & Damani Share Brokers Days Payable?

Sugal & Damani Share Brokers's average Accounts Payable for the three months ended in Dec. 2023 was ₹14.66 Mil. Sugal & Damani Share Brokers's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2.78 Mil. Hence, Sugal & Damani Share Brokers's Days Payable for the three months ended in Dec. 2023 was 481.30.

The historical rank and industry rank for Sugal & Damani Share Brokers's Days Payable or its related term are showing as below:

BOM:511654' s Days Payable Range Over the Past 10 Years
Min: 549.77 Med: 818.4 Max: 1483.46
Current: 549.77

During the past 13 years, Sugal & Damani Share Brokers's highest Days Payable was 1483.46. The lowest was 549.77. And the median was 818.40.

BOM:511654's Days Payable is ranked better than
73.3% of 528 companies
in the Capital Markets industry
Industry Median: 104.045 vs BOM:511654: 549.77

Sugal & Damani Share Brokers's Days Payable declined from Dec. 2022 (625.02) to Dec. 2023 (481.30). It may suggest that Sugal & Damani Share Brokers accelerated paying its suppliers.

Sugal & Damani Share Brokers Days Payable Historical Data

The historical data trend for Sugal & Damani Share Brokers'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.

Sugal & Damani Share Brokers Days Payable Chart

Sugal & Damani Share Brokers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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878.21

667.18

817.08

882.49

689.45

Sugal & Damani Share Brokers 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															625.02	777.61	572.92	457.28	481.30

Competitive Comparison of Sugal & Damani Share Brokers's Days Payable

For the Capital Markets subindustry, Sugal & Damani Share Brokers'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.

Sugal & Damani Share Brokers's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sugal & Damani Share Brokers's Days Payable distribution charts can be found below:

* The bar in red indicates where Sugal & Damani Share Brokers's Days Payable falls into.

Sugal & Damani Share Brokers 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.

Sugal & Damani Share Brokers'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
=	( (14.852	+	14.717)	/	2 )	/	7.827	*	365
=	14.7845					/	7.827	*	365
=	689.45

Sugal & Damani Share Brokers'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
=	( (14.658	+	0)	/	1 )	/	2.779	*	365 / 4
=	14.658					/	2.779	*	365 / 4
=	481.30

Sugal & Damani Share Brokers Days Payable Related Terms

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Sugal & Damani Share Brokers (BOM:511654) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sugal & Damani Share Brokers Ltd (BOM:511654) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.7, Anna Salai, City Centre Plaza, 1st floor, Chennai, TN, IND, 600002

Website

https://www.sugalshare.com

Sugal & Damani Share Brokers Ltd provides share broking services in India. It engages in the brokerage and distribution of equities, commodities; and provision of Internet trading, depository, FPOs underwriting and broking, and other financial and advisory services. The Company operates only in one segment of business which is Share Broking. The company also provides brokerage and distribution of equities, commodity trading, equity and derivatives trading, depository services and online trading services.

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