Multi Commodity Exchange of India (NSE:MCX) Days Payable : 88.98 (As of Mar. 2024)

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What is Multi Commodity Exchange of India Days Payable?

Multi Commodity Exchange of India's average Accounts Payable for the three months ended in Mar. 2024 was ₹616 Mil. Multi Commodity Exchange of India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹632 Mil. Hence, Multi Commodity Exchange of India's Days Payable for the three months ended in Mar. 2024 was 88.98.

The historical rank and industry rank for Multi Commodity Exchange of India's Days Payable or its related term are showing as below:

NSE:MCX' s Days Payable Range Over the Past 10 Years
Min: 30.47 Med: 79.87 Max: 121.7
Current: 37.32

During the past 13 years, Multi Commodity Exchange of India's highest Days Payable was 121.70. The lowest was 30.47. And the median was 79.87.

NSE:MCX's Days Payable is ranked worse than
67.17% of 527 companies
in the Capital Markets industry
Industry Median: 106.62 vs NSE:MCX: 37.32

Multi Commodity Exchange of India's Days Payable increased from Dec. 2022 (23.32) to Mar. 2024 (88.98). It may suggest that Multi Commodity Exchange of India delayed paying its suppliers.

Multi Commodity Exchange of India Days Payable Historical Data

The historical data trend for Multi Commodity Exchange of India'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.

Multi Commodity Exchange of India Days Payable Chart

Multi Commodity Exchange of India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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83.47

73.74

75.99

37.86

30.47

Multi Commodity Exchange of India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															23.32	21.89	17.76	18.87	88.98

Competitive Comparison of Multi Commodity Exchange of India's Days Payable

For the Financial Data & Stock Exchanges subindustry, Multi Commodity Exchange of India'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.

Multi Commodity Exchange of India's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Multi Commodity Exchange of India's Days Payable distribution charts can be found below:

* The bar in red indicates where Multi Commodity Exchange of India's Days Payable falls into.

Multi Commodity Exchange of India 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.

Multi Commodity Exchange of India'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
=	( (281.5	+	615.8)	/	2 )	/	5374.4	*	365
=	448.65					/	5374.4	*	365
=	30.47

Multi Commodity Exchange of India'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	615.8)	/	1 )	/	631.5	*	365 / 4
=	615.8					/	631.5	*	365 / 4
=	88.98

Multi Commodity Exchange of India Days Payable Related Terms

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

Multi Commodity Exchange of India (NSE:MCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Multi Commodity Exchange of India Ltd (NSE:MCX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

534091:India

Address

Suren Road, Exchange Square, Chakala, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.mcxindia.com

Multi Commodity Exchange of India Ltd is an India-based deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956. The company facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The company is a demutualized Exchange and has permanent recognition from the Government of India to facilitate nationwide online trading, clearing, and settlement operations of commodity derivatives. The company derives its revenues from transaction fees, admission fees, annual subscription fees, terminal charges, connectivity income, interest income, dividends from and gains on the sale of investments, and other miscellaneous income.

Multi Commodity Exchange of India (NSE:MCX) Headlines

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