Franklin Leasing and Finance (BOM:539839) Days Payable : 44.61 (As of Mar. 2023)

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What is Franklin Leasing and Finance Days Payable?

Franklin Leasing and Finance's average Accounts Payable for the six months ended in Mar. 2023 was ₹13.8 Mil. Franklin Leasing and Finance's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹56.4 Mil. Hence, Franklin Leasing and Finance's Days Payable for the six months ended in Mar. 2023 was 44.61.

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

BOM:539839' s Days Payable Range Over the Past 10 Years
Min: 3.91 Med: 169.73 Max: 2619.59
Current: 30.78

During the past 13 years, Franklin Leasing and Finance's highest Days Payable was 2619.59. The lowest was 3.91. And the median was 169.73.

BOM:539839's Days Payable is ranked worse than
59.36% of 283 companies
in the Credit Services industry
Industry Median: 44.86 vs BOM:539839: 30.78

Franklin Leasing and Finance's Days Payable increased from Mar. 2022 (1.04) to Mar. 2023 (44.61). It may suggest that Franklin Leasing and Finance delayed paying its suppliers.

Franklin Leasing and Finance Days Payable Historical Data

The historical data trend for Franklin Leasing and 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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Franklin Leasing and Finance Days Payable Chart

Franklin Leasing and Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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198.84

192.41

120.73

8.23

3.91

Franklin Leasing and Finance Semi-Annual Data
	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Payable	Get a 7-Day Free Trial															17.87	8.00	1.04	43.83	44.61

Competitive Comparison of Franklin Leasing and Finance's Days Payable

For the Credit Services subindustry, Franklin Leasing and 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.

Franklin Leasing and Finance's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Franklin Leasing and Finance's Days Payable distribution charts can be found below:

* The bar in red indicates where Franklin Leasing and Finance's Days Payable falls into.

Franklin Leasing and 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.

Franklin Leasing and 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
=	( (0.718	+	1.675)	/	2 )	/	111.769	*	365
=	1.1965					/	111.769	*	365
=	3.91

Franklin Leasing and Finance's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (25.887	+	1.675)	/	2 )	/	56.378	*	365 / 2
=	13.781					/	56.378	*	365 / 2
=	44.61

Franklin Leasing and Finance Days Payable Related Terms

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Franklin Leasing and Finance (BOM:539839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Franklin Leasing and Finance Ltd (BOM:539839) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No. 44, Unit/Shop No.205, 2nd Floor, Aggarwal City Mall, Pitampura, New Delhi, IND, 110034

Website

http://www.franklinleasing.in

Franklin Leasing and Finance Ltd is a non-banking financial company. It is engaged in advancing loans and investing/trading in securities. It offers inter-corporate deposits, loans against property, personal loans, and unsecured loans. The group operates in segments of investment in securities and extending financial loan services.

Franklin Leasing and Finance (BOM:539839) Headlines

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