Jhaveri Credits & Capital (BOM:531550) Days Payable : 22.54 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Jhaveri Credits & Capital Days Payable?

Jhaveri Credits & Capital's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.1 Mil. Jhaveri Credits & Capital's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.2 Mil. Hence, Jhaveri Credits & Capital's Days Payable for the three months ended in Dec. 2023 was 22.54.

The historical rank and industry rank for Jhaveri Credits & Capital's Days Payable or its related term are showing as below:

BOM:531550' s Days Payable Range Over the Past 10 Years
Min: 21.98 Med: 2041.15 Max: 3688.81
Current: 21.98

During the past 13 years, Jhaveri Credits & Capital's highest Days Payable was 3688.81. The lowest was 21.98. And the median was 2041.15.

BOM:531550's Days Payable is ranked worse than
75.38% of 524 companies
in the Capital Markets industry
Industry Median: 100.09 vs BOM:531550: 21.98

Jhaveri Credits & Capital's Days Payable declined from Dec. 2022 (8,910.79) to Dec. 2023 (22.54). It may suggest that Jhaveri Credits & Capital accelerated paying its suppliers.

Jhaveri Credits & Capital Days Payable Historical Data

The historical data trend for Jhaveri Credits & Capital'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.

Jhaveri Credits & Capital Days Payable Chart

Jhaveri Credits & Capital Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

2,092.83

3,165.05

75.42

25.23

33.29

Jhaveri Credits & Capital 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															8,910.79	6.55	5,039.40	25.65	22.54

Competitive Comparison of Jhaveri Credits & Capital's Days Payable

For the Capital Markets subindustry, Jhaveri Credits & Capital'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.

Jhaveri Credits & Capital's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where Jhaveri Credits & Capital's Days Payable falls into.

Jhaveri Credits & Capital 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.

Jhaveri Credits & Capital'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
=	( (11.736	+	7.566)	/	2 )	/	105.826	*	365
=	9.651					/	105.826	*	365
=	33.29

Jhaveri Credits & Capital'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
=	( (0.061	+	0)	/	1 )	/	0.247	*	365 / 4
=	0.061					/	0.247	*	365 / 4
=	22.54

Jhaveri Credits & Capital Days Payable Related Terms

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

Jhaveri Credits & Capital (BOM:531550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jhaveri Credits & Capital Ltd (BOM:531550) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, Payal Tower-II, Sayajigunj, Vadodara, GJ, IND, 390020

Website

https://www.jhaveritrade.com

Jhaveri Credits & Capital Ltd operates as a stock broking houses in Gujarat. It provides broking platform on various exchanges to the clients for dealing in various Commodities traded on those exchanges in the present, spot and future dealings. Its financial and wealth management services include e-trading of the major shares in various sectors. It also offers other financial services such as Mutual funds, commodity trading, derivative trading, equity trading, and initial public offers. It operates in India.

Jhaveri Credits & Capital (BOM:531550) Headlines

No Headlines