Share India Securities (BOM:540725) Days Payable : 416.42 (As of Mar. 2024)

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What is Share India Securities Days Payable?

Share India Securities's average Accounts Payable for the three months ended in Mar. 2024 was ₹3,593 Mil. Share India Securities's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹787 Mil. Hence, Share India Securities's Days Payable for the three months ended in Mar. 2024 was 416.42.

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

BOM:540725' s Days Payable Range Over the Past 10 Years
Min: 7.31 Med: 158.29 Max: 1104.05
Current: 338.02

During the past 9 years, Share India Securities's highest Days Payable was 1104.05. The lowest was 7.31. And the median was 158.29.

BOM:540725's Days Payable is ranked better than
66.79% of 521 companies
in the Capital Markets industry
Industry Median: 107.19 vs BOM:540725: 338.02

Share India Securities's Days Payable declined from Mar. 2023 (1,899.43) to Mar. 2024 (416.42). It may suggest that Share India Securities accelerated paying its suppliers.

Share India Securities Days Payable Historical Data

The historical data trend for Share India 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.

Share India Securities Days Payable Chart

Share India Securities Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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12.79

227.44

413.28

1,104.05

345.37

Share India Securities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															1,899.43	438.84	304.22	214.98	416.42

Competitive Comparison of Share India Securities's Days Payable

For the Capital Markets subindustry, Share India 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.

Share India Securities's Days Payable Distribution in the Capital Markets Industry

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

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

Share India 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.

Share India 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
=	( (3494.658	+	3593.406)	/	2 )	/	3745.458	*	365
=	3544.032					/	3745.458	*	365
=	345.37

Share India 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	+	3593.406)	/	1 )	/	787.427	*	365 / 4
=	3593.406					/	787.427	*	365 / 4
=	416.42

Share India Securities Days Payable Related Terms

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Share India Securities (BOM:540725) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Share India Securities Ltd (BOM:540725) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SHAREINDIA:India

Address

A-15, Sector-64, District Gautam Buddha Nagar, Noida, UP, IND, 201301

Website

https://www.shareindia.com

Share India Securities Ltd is a stockbroking firm in India. The company provides equity trading, derivatives, commodity and currency trading options as well as depository services. Its operating segments include Share Broking/Trading; Insurance; Merchant Banking; NBFC and Technology Services. The company generates maximum revenue from Share Broking/Trading segment.

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