TTI Enterprise (BOM:538597) Days Payable : 78.99 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is TTI Enterprise Days Payable?

TTI Enterprise's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.28 Mil. TTI Enterprise's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.32 Mil. Hence, TTI Enterprise's Days Payable for the three months ended in Dec. 2023 was 78.99.

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

BOM:538597' s Days Payable Range Over the Past 10 Years
Min: 2.12 Med: 2.12 Max: 3.28
Current: 3.28

During the past 10 years, TTI Enterprise's highest Days Payable was 3.28. The lowest was 2.12. And the median was 2.12.

BOM:538597's Days Payable is ranked worse than
92.23% of 528 companies
in the Capital Markets industry
Industry Median: 105.34 vs BOM:538597: 3.28

TTI Enterprise's Days Payable increased from Dec. 2022 (9.59) to Dec. 2023 (78.99). It may suggest that TTI Enterprise delayed paying its suppliers.

TTI Enterprise Days Payable Historical Data

The historical data trend for TTI Enterprise'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.

TTI Enterprise Days Payable Chart

TTI Enterprise Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

2.12

TTI Enterprise 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															9.59	6.59	39.92	1.48	78.99

Competitive Comparison of TTI Enterprise's Days Payable

For the Capital Markets subindustry, TTI Enterprise'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.

TTI Enterprise's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where TTI Enterprise's Days Payable falls into.

TTI Enterprise 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.

TTI Enterprise'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
=	( (0	+	0.105)	/	1 )	/	18.1	*	365
=	0.105					/	18.1	*	365
=	2.12

TTI Enterprise'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
=	( (0.277	+	0)	/	1 )	/	0.32	*	365 / 4
=	0.277					/	0.32	*	365 / 4
=	78.99

TTI Enterprise Days Payable Related Terms

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

TTI Enterprise (BOM:538597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TTI Enterprise Ltd (BOM:538597) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Synagogue Street, Office No. 822, 8th Floor, Kolkata, WB, IND, 700001

Website

https://www.ttienterprise.net

TTI Enterprise Ltd is an India-based non-banking financial company. The company is engaged in the core business of trading and investing in shares and units of Mutual Funds and providing Loans. It provides finance on both short-term and long-term basis.

TTI Enterprise (BOM:538597) Headlines

No Headlines