Stanrose Mafatlal Investment and Finance (BOM:506105) Days Payable : 55.35 (As of Dec. 2023)

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What is Stanrose Mafatlal Investment and Finance Days Payable?

Stanrose Mafatlal Investment and Finance's average Accounts Payable for the three months ended in Dec. 2023 was ₹1.30 Mil. Stanrose Mafatlal Investment and Finance's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2.14 Mil. Hence, Stanrose Mafatlal Investment and Finance's Days Payable for the three months ended in Dec. 2023 was 55.35.

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

BOM:506105' s Days Payable Range Over the Past 10 Years
Min: 37.96 Med: 50.79 Max: 69.6
Current: 69.6

During the past 13 years, Stanrose Mafatlal Investment and Finance's highest Days Payable was 69.60. The lowest was 37.96. And the median was 50.79.

BOM:506105's Days Payable is ranked better than
50.21% of 468 companies
in the Asset Management industry
Industry Median: 69.215 vs BOM:506105: 69.60

Stanrose Mafatlal Investment and Finance's Days Payable declined from Dec. 2022 (65.53) to Dec. 2023 (55.35). It may suggest that Stanrose Mafatlal Investment and Finance accelerated paying its suppliers.

Stanrose Mafatlal Investment and Finance Days Payable Historical Data

The historical data trend for Stanrose Mafatlal Investment 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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Stanrose Mafatlal Investment and Finance Days Payable Chart

Stanrose Mafatlal Investment and Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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43.05

48.50

57.11

39.17

37.96

Stanrose Mafatlal Investment and Finance 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															65.53	781.96	28.43	55.61	55.35

Competitive Comparison of Stanrose Mafatlal Investment and Finance's Days Payable

For the Asset Management subindustry, Stanrose Mafatlal Investment 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.

Stanrose Mafatlal Investment and Finance's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Stanrose Mafatlal Investment and Finance's Days Payable distribution charts can be found below:

* The bar in red indicates where Stanrose Mafatlal Investment and Finance's Days Payable falls into.

Stanrose Mafatlal Investment 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.

Stanrose Mafatlal Investment 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
=	( (0.739	+	0.617)	/	2 )	/	6.519	*	365
=	0.678					/	6.519	*	365
=	37.96

Stanrose Mafatlal Investment and Finance'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
=	( (1.295	+	0)	/	1 )	/	2.135	*	365 / 4
=	1.295					/	2.135	*	365 / 4
=	55.35

Stanrose Mafatlal Investment and Finance Days Payable Related Terms

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Stanrose Mafatlal Investment and Finance (BOM:506105) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Stanrose Mafatlal Investment and Finance Ltd (BOM:506105) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

57-A, Dr. G. Deshmukh Marg, Vijyalaxmi Mafatlal Centre, Mumbai, MH, IND, 400 026

Website

https://www.stanrosefinvest.com

Stanrose Mafatlal Investment and Finance Ltd is a non-banking financial company. The Company's operations continue to be mainly focused in the areas of Inter-corporate Investments, Capital Market activities, and Financing. Accordingly, there are no separate reportable segments. The company derives revenue from dividends and interest income.

Stanrose Mafatlal Investment and Finance (BOM:506105) Headlines

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