SRG Housing Finance (BOM:534680) Days Payable : 5.06 (As of Dec. 2023)

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What is SRG Housing Finance Days Payable?

SRG Housing Finance's average Accounts Payable for the three months ended in Dec. 2023 was ₹11 Mil. SRG Housing Finance's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹201 Mil. Hence, SRG Housing Finance's Days Payable for the three months ended in Dec. 2023 was 5.06.

The historical rank and industry rank for SRG Housing Finance's Days Payable or its related term are showing as below:

BOM:534680' s Days Payable Range Over the Past 10 Years
Min: 3.83 Med: 15.73 Max: 36.65
Current: 3.83

During the past 12 years, SRG Housing Finance's highest Days Payable was 36.65. The lowest was 3.83. And the median was 15.73.

BOM:534680's Days Payable is ranked worse than
96.55% of 29 companies
in the Banks industry
Industry Median: 58.9 vs BOM:534680: 3.83

SRG Housing Finance's Days Payable increased from Dec. 2022 (3.55) to Dec. 2023 (5.06). It may suggest that SRG Housing Finance delayed paying its suppliers.

SRG Housing Finance Days Payable Historical Data

The historical data trend for SRG Housing Finance'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.

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SRG Housing Finance Days Payable Chart

SRG Housing Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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7.65

4.78

20.01

21.02

4.73

SRG Housing Finance 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															3.55	3.53	2.65	5.13	5.06

Competitive Comparison of SRG Housing Finance's Days Payable

For the Mortgage Finance subindustry, SRG Housing Finance'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.

SRG Housing Finance's Days Payable Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SRG Housing Finance's Days Payable distribution charts can be found below:

* The bar in red indicates where SRG Housing Finance's Days Payable falls into.

SRG Housing Finance 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.

SRG Housing Finance'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
=	( (8.913	+	4.893)	/	2 )	/	532.898	*	365
=	6.903					/	532.898	*	365
=	4.73

SRG Housing Finance'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
=	( (11.138	+	0)	/	1 )	/	200.879	*	365 / 4
=	11.138					/	200.879	*	365 / 4
=	5.06

SRG Housing Finance Days Payable Related Terms

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SRG Housing Finance (BOM:534680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SRG Housing Finance Ltd (BOM:534680) » Definitions » Days Payable

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Traded in Other Exchanges

SRGHFL:India

Address

No. 12, Opposite Paras JK Hospital, Shobhagpura, Udaipur, RJ, IND, 313001

Website

https://www.srghousing.com

SRG Housing Finance Ltd is an India-based housing finance company. The company is principally engaged in the housing and mortgage finance business. The company offers home loans for construction, additions, alterations, and repair and renovation purposes. The products and services offered by the company include individual home loans; loans against the property; and builder/project loans. Geographically, it operates within the regions of India.

SRG Housing Finance (BOM:534680) Headlines

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