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BSE (NSE:BSE) Days Payable : 122.94 (As of Sep. 2023)


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What is BSE Days Payable?

BSE's average Accounts Payable for the three months ended in Sep. 2023 was ₹1,207 Mil. BSE's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹896 Mil. Hence, BSE's Days Payable for the three months ended in Sep. 2023 was 122.94.

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

NSE:BSE' s Days Payable Range Over the Past 10 Years
Min: 78.2   Med: 100.13   Max: 182.33
Current: 113.65

During the past 12 years, BSE's highest Days Payable was 182.33. The lowest was 78.20. And the median was 100.13.

NSE:BSE's Days Payable is ranked better than
50.38% of 528 companies
in the Capital Markets industry
Industry Median: 108.18 vs NSE:BSE: 113.65

BSE's Days Payable declined from Sep. 2022 (127.15) to Sep. 2023 (122.94). It may suggest that BSE accelerated paying its suppliers.


BSE Days Payable Historical Data

The historical data trend for BSE'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.

BSE Days Payable Chart

BSE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.20 80.81 121.36 101.46 88.52

BSE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 127.15 133.76 88.47 85.39 122.94

Competitive Comparison of BSE's Days Payable

For the Financial Data & Stock Exchanges subindustry, BSE'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.


BSE's Days Payable Distribution in the Capital Markets Industry

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

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



BSE 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.

BSE'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
=( (728.5 + 804) / 2 ) / 3159.6*365
=766.25 / 3159.6*365
=88.52

BSE's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 1206.6) / 1 ) / 895.6*365 / 4
=1206.6 / 895.6*365 / 4
=122.94

* 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.


BSE Days Payable Related Terms

Thank you for viewing the detailed overview of BSE's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


BSE (NSE:BSE) Business Description

Traded in Other Exchanges
N/A
Address
Phiroze Jeejeebhoy Towers, Dalal Street, 25th Floor, Mumbai, MH, IND, 400001
BSE Ltd operates as a stock exchange and is one of the leading exchange groups in India. The company operates through one segment namely Stock Exchange Operations i.e. Facilitating Trading in Securities and other related ancillary Services. while generating majority of its revenues through the stock exchange activities. It primarily provides a trading platform for over 5000 companies that are listed on its exchange. The exchange offers various services such as trading in equity, debt instruments, derivatives and mutual funds. BSE also offers its customers other services such as risk management, market data services and educational programs.