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Gogia Capital Services (BOM:531600) Days Payable : 855.86 (As of Dec. 2023)


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What is Gogia Capital Services Days Payable?

Gogia Capital Services's average Accounts Payable for the three months ended in Dec. 2023 was ₹25.92 Mil. Gogia Capital Services's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2.76 Mil. Hence, Gogia Capital Services's Days Payable for the three months ended in Dec. 2023 was 855.86.

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

BOM:531600' s Days Payable Range Over the Past 10 Years
Min: 990.55   Med: 2379.06   Max: 3396
Current: 1023.08

During the past 13 years, Gogia Capital Services's highest Days Payable was 3396.00. The lowest was 990.55. And the median was 2379.06.

BOM:531600's Days Payable is ranked better than
81.25% of 528 companies
in the Capital Markets industry
Industry Median: 108.18 vs BOM:531600: 1023.08

Gogia Capital Services's Days Payable declined from Dec. 2022 (3,238.55) to Dec. 2023 (855.86). It may suggest that Gogia Capital Services accelerated paying its suppliers.


Gogia Capital Services Days Payable Historical Data

The historical data trend for Gogia Capital 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.

Gogia Capital Services Days Payable Chart

Gogia Capital Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 990.55 2,612.32 3,396.00 2,993.36 1,639.33

Gogia Capital Services 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,238.55 576.28 1,451.80 747.15 855.86

Competitive Comparison of Gogia Capital Services's Days Payable

For the Capital Markets subindustry, Gogia Capital 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.


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

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

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



Gogia Capital 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.

Gogia Capital Services'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
=( (48.6 + 24.788) / 2 ) / 8.17*365
=36.694 / 8.17*365
=1,639.33

Gogia Capital Services'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
=( (25.915 + 0) / 1 ) / 2.763*365 / 4
=25.915 / 2.763*365 / 4
=855.86

* 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.


Gogia Capital Services Days Payable Related Terms

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Gogia Capital Services (BOM:531600) Business Description

Traded in Other Exchanges
N/A
Address
Olof Palme Marg, Munirka, The Capital Court, 6th Floor, New Delhi, IND, 110067
Gogia Capital Services Ltd provides financial services. It is engaged in providing Stock and Commodity Broking Services to corporates and Individuals. The company offers various services such as equity trading, currency trading, commodity trading, derivatives, intraday trading, and mutual funds. It earns revenue from providing stock and commodity broking services, Dividend Received, Depository Services, Profit from trading of shares/derivative; majority being broking services.

Gogia Capital Services (BOM:531600) Headlines

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