Khandwala Securities (NSE:KHANDSE) Days Payable : 1,810.29 (As of Dec. 2023)

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What is Khandwala Securities Days Payable?

Khandwala Securities's average Accounts Payable for the three months ended in Dec. 2023 was ₹138.73 Mil. Khandwala Securities's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹6.99 Mil. Hence, Khandwala Securities's Days Payable for the three months ended in Dec. 2023 was 1,810.29.

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

NSE:KHANDSE' s Days Payable Range Over the Past 10 Years
Min: 1250.4 Med: 1749.29 Max: 2290.65
Current: 1798.1

During the past 13 years, Khandwala Securities's highest Days Payable was 2290.65. The lowest was 1250.40. And the median was 1749.29.

NSE:KHANDSE's Days Payable is ranked better than
86.45% of 524 companies
in the Capital Markets industry
Industry Median: 96.58 vs NSE:KHANDSE: 1798.10

Khandwala Securities's Days Payable declined from Dec. 2022 (2,213.38) to Dec. 2023 (1,810.29). It may suggest that Khandwala Securities accelerated paying its suppliers.

Khandwala Securities Days Payable Historical Data

The historical data trend for Khandwala 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.

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Khandwala Securities Days Payable Chart

Khandwala Securities Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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1,943.47

2,051.49

1,515.07

1,749.29

2,290.65

Khandwala Securities 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															2,213.38	1,254.08	1,800.87	2,166.59	1,810.29

Competitive Comparison of Khandwala Securities's Days Payable

For the Capital Markets subindustry, Khandwala 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.

Khandwala Securities's Days Payable Distribution in the Capital Markets Industry

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

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

Khandwala 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.

Khandwala Securities'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
=	( (200.406	+	109.177)	/	2 )	/	24.665	*	365
=	154.7915					/	24.665	*	365
=	2,290.65

Khandwala Securities'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
=	( (138.733	+	0)	/	1 )	/	6.993	*	365 / 4
=	138.733					/	6.993	*	365 / 4
=	1,810.29

Khandwala Securities Days Payable Related Terms

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Khandwala Securities (NSE:KHANDSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Khandwala Securities Ltd (NSE:KHANDSE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

531892:India

Address

Green Street, Ground Floor, Vikas Building, Fort, Mumbai, MH, IND, 400 023

Website

https://www.kslindia.com

Khandwala Securities Ltd is engaged in the capital market business sector. The company offers services in the fields of institutional equity; investment banking; investment advisory; private wealth and portfolio management. The company is organized into two segments - Fee-based and Investment/Trading In Stock. The Company has considered these two divisions as its business segments. The Fee-based division provides financial advisory services relating to mergers and acquisitions, equity and debt issue management, portfolio management, and broking. The investment and Stock division carries out trading, investing, and speculation activities in capital markets (debt and equity) for the company.

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