Systematixorate Services (BOM:526506) Days Payable : 572.07 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Systematixorate Services Days Payable?

Systematixorate Services's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,093 Mil. Systematixorate Services's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹174 Mil. Hence, Systematixorate Services's Days Payable for the three months ended in Mar. 2024 was 572.07.

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

BOM:526506' s Days Payable Range Over the Past 10 Years
Min: 323.13 Med: 676 Max: 909.31
Current: 680.96

During the past 13 years, Systematixorate Services's highest Days Payable was 909.31. The lowest was 323.13. And the median was 676.00.

BOM:526506's Days Payable is ranked better than
74.62% of 528 companies
in the Capital Markets industry
Industry Median: 105.34 vs BOM:526506: 680.96

Systematixorate Services's Days Payable declined from Mar. 2023 (644.31) to Mar. 2024 (572.07). It may suggest that Systematixorate Services accelerated paying its suppliers.

Systematixorate Services Days Payable Historical Data

The historical data trend for Systematixorate Services'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.

Systematixorate Services Days Payable Chart

Systematixorate Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

323.13

541.84

813.94

812.05

689.79

Systematixorate Services Quarterly Data
	Jun19	Sep19	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															644.31	594.40	806.27	832.82	572.07

Competitive Comparison of Systematixorate Services's Days Payable

For the Capital Markets subindustry, Systematixorate Services'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.

Systematixorate Services's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where Systematixorate Services's Days Payable falls into.

Systematixorate Services 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.

Systematixorate Services'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
=	( (559.42	+	1092.85)	/	2 )	/	437.148	*	365
=	826.135					/	437.148	*	365
=	689.79

Systematixorate Services'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	+	1092.85)	/	1 )	/	174.319	*	365 / 4
=	1092.85					/	174.319	*	365 / 4
=	572.07

Systematixorate Services Days Payable Related Terms

Thank you for viewing the detailed overview of Systematixorate Services's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Systematixorate Services (BOM:526506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Systematix Corporate Services Ltd (BOM:526506) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6th Floor, The Capital, A Wing, No. 603-606, Plot No. C-70, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.systematixgroup.in

Systematix Corporate Services Ltd is a broking house providing services of investment management and advisory services in the financial markets. The company provides investment solutions for a broad array of investors including Foreign Institutional Investors, Domestic Financial Institutions, Insurance Companies, Bank Treasuries, Corporate, Corporate Treasuries, Promoters, Ultra HNIs, HNI, and thousands of individual investors. It operates through Merchant Banking and Related Activities; Financing and Other Activities; and Equity, Commodities, Currency, and Other Transactional Services segments.

Systematixorate Services (BOM:526506) Headlines

No Headlines