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LKP Securities (BOM:540192) Days Payable : 609.89 (As of Mar. 2024)


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What is LKP Securities Days Payable?

LKP Securities's average Accounts Payable for the three months ended in Mar. 2024 was ₹1,228.1 Mil. LKP Securities's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹183.8 Mil. Hence, LKP Securities's Days Payable for the three months ended in Mar. 2024 was 609.89.

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

BOM:540192' s Days Payable Range Over the Past 10 Years
Min: 277   Med: 505.06   Max: 968.19
Current: 687.26

During the past 12 years, LKP Securities's highest Days Payable was 968.19. The lowest was 277.00. And the median was 505.06.

BOM:540192's Days Payable is ranked better than
75.38% of 528 companies
in the Capital Markets industry
Industry Median: 105.34 vs BOM:540192: 687.26

LKP Securities's Days Payable increased from Dec. 2022 (479.04) to Mar. 2024 (609.89). It may suggest that LKP Securities delayed paying its suppliers.


LKP Securities Days Payable Historical Data

The historical data trend for LKP Securities'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.

LKP Securities Days Payable Chart

LKP Securities Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 347.39 444.37 560.66 491.24 518.88

LKP Securities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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 479.04 365.11 392.04 - 609.89

Competitive Comparison of LKP Securities's Days Payable

For the Capital Markets subindustry, LKP Securities'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.


LKP Securities's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where LKP Securities's Days Payable falls into.



LKP Securities 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.

LKP Securities's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (574.439 + 1228.149) / 2 ) / 634.009*365
=901.294 / 634.009*365
=518.88

LKP Securities's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 1228.149) / 1 ) / 183.752*365 / 4
=1228.149 / 183.752*365 / 4
=609.89

* 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.


LKP Securities Days Payable Related Terms

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LKP Securities (BOM:540192) Business Description

Traded in Other Exchanges
N/A
Address
Andheri Kurla Road, Nr. Hotel Courtyard Marriott, 2nd floor, Gala Impecca, Chakala, Andheri East, Mumbai, MH, IND, 400059
LKP Securities Ltd is a financial solutions provider. It is engaged as a stock and securities broker and provides financial services. The company provides clients with a range of services, including Equity, Debt Instruments, Structured Products, Third Party Distribution, and Commodity and Currency. Geographically It operates only in India.

LKP Securities (BOM:540192) Headlines

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