Secmark Consultancy (BOM:543234) Days Payable : 91.12 (As of Mar. 2024)

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What is Secmark Consultancy Days Payable?

Secmark Consultancy's average Accounts Payable for the six months ended in Mar. 2024 was ₹17.3 Mil. Secmark Consultancy's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹34.6 Mil. Hence, Secmark Consultancy's Days Payable for the six months ended in Mar. 2024 was 91.12.

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

BOM:543234' s Days Payable Range Over the Past 10 Years
Min: 2.21 Med: 22.38 Max: 121.87
Current: 89.15

During the past 7 years, Secmark Consultancy's highest Days Payable was 121.87. The lowest was 2.21. And the median was 22.38.

BOM:543234's Days Payable is ranked better than
72.07% of 920 companies
in the Business Services industry
Industry Median: 47.92 vs BOM:543234: 89.15

Secmark Consultancy's Days Payable increased from Mar. 2023 (78.69) to Mar. 2024 (91.12). It may suggest that Secmark Consultancy delayed paying its suppliers.

Secmark Consultancy Days Payable Historical Data

The historical data trend for Secmark Consultancy'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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Secmark Consultancy Days Payable Chart

Secmark Consultancy Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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5.84

22.38

66.71

91.98

121.87

Secmark Consultancy Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial						69.13	72.56	78.69	52.89	91.12

Competitive Comparison of Secmark Consultancy's Days Payable

For the Consulting Services subindustry, Secmark Consultancy'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.

Secmark Consultancy's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Secmark Consultancy's Days Payable distribution charts can be found below:

* The bar in red indicates where Secmark Consultancy's Days Payable falls into.

Secmark Consultancy 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.

Secmark Consultancy'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
=	( (14.167	+	30.232)	/	2 )	/	66.489	*	365
=	22.1995					/	66.489	*	365
=	121.87

Secmark Consultancy'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (4.318	+	30.232)	/	2 )	/	34.6	*	365 / 2
=	17.275					/	34.6	*	365 / 2
=	91.12

Secmark Consultancy Days Payable Related Terms

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Secmark Consultancy (BOM:543234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Secmark Consultancy Ltd (BOM:543234) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SECMARK:India

Address

Near Ambamata Mandir, Plot No 36/ 227, RDP-10, CTS-1C/1/640, Sector-6, Charkop, Kandivali (West), Mumbai, MH, IND, 400067

Website

https://www.secmark.in

Secmark Consultancy Ltd offers services in the areas of compliance, operations, risk management, outsourcing, software development, and legal matters to financial market participants and others. The company's products include Order Instruction Management System; Compliancesutra; and E-learning product suite. Its clients include stock and commodity brokers, depository participants, stock exchanges, wealth managers, alternative investment funds, research analysts, insurance companies, insurance brokers, corporate agents, portfolio managers, investment advisors, NBFCs, etc.

Secmark Consultancy (BOM:543234) Headlines

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