Ascom Leasing & Investments (NSE:ASCOM) Days Payable : 0.00 (As of Mar. 2023)

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What is Ascom Leasing & Investments Days Payable?

Ascom Leasing & Investments's average Accounts Payable for the six months ended in Mar. 2023 was ₹0.0 Mil. Ascom Leasing & Investments's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹18.6 Mil. Hence, Ascom Leasing & Investments's Days Payable for the six months ended in Mar. 2023 was 0.00.

The historical rank and industry rank for Ascom Leasing & Investments's Days Payable or its related term are showing as below:

NSE:ASCOM's Days Payable is not ranked ^*
in the Credit Services industry.
Industry Median: 43.675
* Ranked among companies with meaningful Days Payable only.

Ascom Leasing & Investments's Days Payable stayed the same from Mar. 2021 (0.00) to Mar. 2023 (0.00).

Ascom Leasing & Investments Days Payable Historical Data

The historical data trend for Ascom Leasing & Investments'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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Ascom Leasing & Investments Days Payable Chart

Ascom Leasing & Investments Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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Ascom Leasing & Investments Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Ascom Leasing & Investments's Days Payable

For the Credit Services subindustry, Ascom Leasing & Investments'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.

Ascom Leasing & Investments's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ascom Leasing & Investments's Days Payable distribution charts can be found below:

* The bar in red indicates where Ascom Leasing & Investments's Days Payable falls into.

Ascom Leasing & Investments 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.

Ascom Leasing & Investments'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	+	0)	/	1 )	/	18.567	*	365
=	0					/	18.567	*	365
=	0.00

Ascom Leasing & Investments's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	18.567	*	365 / 2
=	0					/	18.567	*	365 / 2
=	0.00

Ascom Leasing & Investments Days Payable Related Terms

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Ascom Leasing & Investments (NSE:ASCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ascom Leasing & Investments Ltd (NSE:ASCOM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007

Website

https://www.ascomfinance.com

Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

Ascom Leasing & Investments (NSE:ASCOM) Headlines

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