Mathew Easow Research Securities (BOM:511688) Days Payable : 8.46 (As of Dec. 2023)

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What is Mathew Easow Research Securities Days Payable?

Mathew Easow Research Securities's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.48 Mil. Mathew Easow Research Securities's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5.12 Mil. Hence, Mathew Easow Research Securities's Days Payable for the three months ended in Dec. 2023 was 8.46.

The historical rank and industry rank for Mathew Easow Research Securities's Days Payable or its related term are showing as below:

BOM:511688' s Days Payable Range Over the Past 10 Years
Min: 0.03 Med: 3.13 Max: 17.34
Current: 5.69

During the past 13 years, Mathew Easow Research Securities's highest Days Payable was 17.34. The lowest was 0.03. And the median was 3.13.

BOM:511688's Days Payable is ranked worse than
88.38% of 284 companies
in the Credit Services industry
Industry Median: 48.93 vs BOM:511688: 5.69

Mathew Easow Research Securities's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (8.46). It may suggest that Mathew Easow Research Securities delayed paying its suppliers.

Mathew Easow Research Securities Days Payable Historical Data

The historical data trend for Mathew Easow Research Securities'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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Mathew Easow Research Securities Days Payable Chart

Mathew Easow Research Securities Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

2.17

2.25

10.77

5.08

4.01

Mathew Easow Research Securities 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															-	2.90	3.09	8.17	8.46

Competitive Comparison of Mathew Easow Research Securities's Days Payable

For the Credit Services subindustry, Mathew Easow Research Securities'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.

Mathew Easow Research Securities's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mathew Easow Research Securities's Days Payable distribution charts can be found below:

* The bar in red indicates where Mathew Easow Research Securities's Days Payable falls into.

Mathew Easow Research Securities 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.

Mathew Easow Research Securities'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
=	( (0.238	+	0.166)	/	2 )	/	18.405	*	365
=	0.202					/	18.405	*	365
=	4.01

Mathew Easow Research Securities'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
=	( (0.475	+	0)	/	1 )	/	5.124	*	365 / 4
=	0.475					/	5.124	*	365 / 4
=	8.46

Mathew Easow Research Securities Days Payable Related Terms

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Mathew Easow Research Securities (BOM:511688) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mathew Easow Research Securities Ltd (BOM:511688) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

128, Rash behari Avenue, Rajkamal Building, 1st Floor, Kolkata, WB, IND, 700029

Website

https://www.mersl.co.in

Mathew Easow Research Securities Ltd is a non-banking financial company (NBDC). The company is involved in investment and finance activities. It assists corporate bodies through the syndication of loans from various bodies, including corporate/banks and financial institutions. The company also finances corporates from banks. Its primary revenue source is interest income.

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