Kinetic Trust (BOM:531274) Days Payable : 397.47 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Kinetic Trust Days Payable?

Kinetic Trust's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.97 Mil. Kinetic Trust's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.22 Mil. Hence, Kinetic Trust's Days Payable for the three months ended in Dec. 2023 was 397.47.

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

BOM:531274' s Days Payable Range Over the Past 10 Years
Min: 366.71 Med: 782.14 Max: 1581.37
Current: 771.66

During the past 13 years, Kinetic Trust's highest Days Payable was 1581.37. The lowest was 366.71. And the median was 782.14.

BOM:531274's Days Payable is ranked better than
76.89% of 528 companies
in the Capital Markets industry
Industry Median: 108.18 vs BOM:531274: 771.66

Kinetic Trust's Days Payable declined from Dec. 2022 (3,076.51) to Dec. 2023 (397.47). It may suggest that Kinetic Trust accelerated paying its suppliers.

Kinetic Trust Days Payable Historical Data

The historical data trend for Kinetic Trust'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.

Kinetic Trust Days Payable Chart

Kinetic Trust Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

960.45

1,581.37

1,135.09

782.14

418.55

Kinetic Trust 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															3,076.51	563.96	1,014.17	1,080.92	397.47

Competitive Comparison of Kinetic Trust's Days Payable

For the Capital Markets subindustry, Kinetic Trust'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.

Kinetic Trust's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where Kinetic Trust's Days Payable falls into.

Kinetic Trust 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.

Kinetic Trust'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
=	( (1.777	+	0.099)	/	2 )	/	0.818	*	365
=	0.938					/	0.818	*	365
=	418.55

Kinetic Trust'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
=	( (0.952	+	0.982)	/	2 )	/	0.222	*	365 / 4
=	0.967					/	0.222	*	365 / 4
=	397.47

Kinetic Trust Days Payable Related Terms

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

Kinetic Trust (BOM:531274) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kinetic Trust Ltd (BOM:531274) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Rajendra Place, 1406, Vikram Tower, New Delhi, IND, 110008

Website

https://www.ktl.co.in

Kinetic Trust Ltd is an India-based company engaged in the business of investing in capital markets and provision of advisory services. The company offers various services such as project financing, project consultancy services, financial restructuring, investment in shares and securities, business process restructuring and corporate consulting and advisory services.

Kinetic Trust (BOM:531274) Headlines

No Headlines