Kanungo Financiers (BOM:540515) Days Payable : 136.44 (As of Dec. 2023)

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What is Kanungo Financiers Days Payable?

Kanungo Financiers's average Accounts Payable for the three months ended in Dec. 2023 was ₹0.16 Mil. Kanungo Financiers's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.11 Mil. Hence, Kanungo Financiers's Days Payable for the three months ended in Dec. 2023 was 136.44.

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

BOM:540515' s Days Payable Range Over the Past 10 Years
Min: 8.67 Med: 49.71 Max: 6998.87
Current: 64.22

During the past 11 years, Kanungo Financiers's highest Days Payable was 6998.87. The lowest was 8.67. And the median was 49.71.

BOM:540515's Days Payable is ranked worse than
59.01% of 527 companies
in the Capital Markets industry
Industry Median: 106.62 vs BOM:540515: 64.22

Kanungo Financiers's Days Payable increased from Dec. 2022 (110.18) to Dec. 2023 (136.44). It may suggest that Kanungo Financiers delayed paying its suppliers.

Kanungo Financiers Days Payable Historical Data

The historical data trend for Kanungo Financiers'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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Kanungo Financiers Days Payable Chart

Kanungo Financiers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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42.30

116.34

49.71

363.99

Kanungo Financiers 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															110.18	-	23.54	136.44	136.44

Competitive Comparison of Kanungo Financiers's Days Payable

For the Capital Markets subindustry, Kanungo Financiers'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.

Kanungo Financiers's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where Kanungo Financiers's Days Payable falls into.

Kanungo Financiers 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.

Kanungo Financiers'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
=	( (0.091	+	0.268)	/	2 )	/	0.18	*	365
=	0.1795					/	0.18	*	365
=	363.99

Kanungo Financiers'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
=	( (0.157	+	0)	/	1 )	/	0.105	*	365 / 4
=	0.157					/	0.105	*	365 / 4
=	136.44

Kanungo Financiers Days Payable Related Terms

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Kanungo Financiers (BOM:540515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kanungo Financiers Ltd (BOM:540515) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Asram Road, Ajanta Commercial Center, Income Tax, B/7, B Wing, 5th Floor, Ahmedabad, GJ, IND, 380009

Website

https://www.kanungofinanciers.com

Kanungo Financiers Ltd invests, buys, sells, deals in shares, securities, stocks, properties, all kind of bonds and debentures. It is also engaged in the business of producers, exhibitors, and distributors of Cinematograph Films and Talkies as well as on hire purchase, to purchase, Take on hire or otherwise acquire Films and talkies With Exhibiting Distributing and Renting rights.

Kanungo Financiers (BOM:540515) Headlines

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