The Investment Trust Of India (BOM:530023) Days Payable : 477.18 (As of Mar. 2024)

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What is The Investment Trust Of India Days Payable?

The Investment Trust Of India's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,820 Mil. The Investment Trust Of India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹348 Mil. Hence, The Investment Trust Of India's Days Payable for the three months ended in Mar. 2024 was 477.18.

The historical rank and industry rank for The Investment Trust Of India's Days Payable or its related term are showing as below:

BOM:530023' s Days Payable Range Over the Past 10 Years
Min: 70.02 Med: 312.24 Max: 541.65
Current: 494.9

During the past 13 years, The Investment Trust Of India's highest Days Payable was 541.65. The lowest was 70.02. And the median was 312.24.

BOM:530023's Days Payable is ranked better than
71.02% of 521 companies
in the Capital Markets industry
Industry Median: 107.19 vs BOM:530023: 494.90

The Investment Trust Of India's Days Payable declined from Mar. 2023 (485.32) to Mar. 2024 (477.18). It may suggest that The Investment Trust Of India accelerated paying its suppliers.

The Investment Trust Of India Days Payable Historical Data

The historical data trend for The Investment Trust Of India'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.

The Investment Trust Of India Days Payable Chart

The Investment Trust Of India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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132.28

251.14

271.55

392.14

541.65

The Investment Trust Of India 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															485.32	608.89	373.89	435.29	477.18

Competitive Comparison of The Investment Trust Of India's Days Payable

For the Capital Markets subindustry, The Investment Trust Of India'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.

The Investment Trust Of India's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Investment Trust Of India's Days Payable distribution charts can be found below:

* The bar in red indicates where The Investment Trust Of India's Days Payable falls into.

The Investment Trust Of India 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.

The Investment Trust Of India'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
=	( (2149.023	+	1819.734)	/	2 )	/	1337.202	*	365
=	1984.3785					/	1337.202	*	365
=	541.65

The Investment Trust Of India'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	+	1819.734)	/	1 )	/	347.985	*	365 / 4
=	1819.734					/	347.985	*	365 / 4
=	477.18

The Investment Trust Of India Days Payable Related Terms

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The Investment Trust Of India (BOM:530023) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The Investment Trust Of India Ltd (BOM:530023) » Definitions » Days Payable

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THEINVEST:India

Address

36 Dr. R. K. Shirodkar Marg, ITI House, Parel, Mumbai, MH, IND, 400012

Website

https://www.itiorg.com

The Investment Trust Of India Ltd, through its subsidiaries, is in the business of the corporate finance and broking spectrum in India. The company's service portfolio consists of investment banking and corporate finance activities on the capital market side as well as advisory services, broking services in the cash and future and options segments, currency derivatives, commodities, along with offering depository services, loan, portfolio management services and other wealth and distribution related products. The firm operates through the segments of Advisory services and Investment activities and Trading Activities. It generates majority of its revenue from Trading Activities.

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