Home First Finance Co India (BOM:543259) Days Payable : 5.74 (As of Mar. 2024)

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What is Home First Finance Co India Days Payable?

Home First Finance Co India's average Accounts Payable for the three months ended in Mar. 2024 was ₹115 Mil. Home First Finance Co India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,824 Mil. Hence, Home First Finance Co India's Days Payable for the three months ended in Mar. 2024 was 5.74.

The historical rank and industry rank for Home First Finance Co India's Days Payable or its related term are showing as below:

BOM:543259' s Days Payable Range Over the Past 10 Years
Min: 1.34 Med: 3.5 Max: 9.37
Current: 9.1

During the past 7 years, Home First Finance Co India's highest Days Payable was 9.37. The lowest was 1.34. And the median was 3.50.

BOM:543259's Days Payable is ranked worse than
76.67% of 30 companies
in the Banks industry
Industry Median: 61.56 vs BOM:543259: 9.10

Home First Finance Co India's Days Payable declined from Dec. 2022 (8.19) to Mar. 2024 (5.74). It may suggest that Home First Finance Co India accelerated paying its suppliers.

Home First Finance Co India Days Payable Historical Data

The historical data trend for Home First Finance Co 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.

Home First Finance Co India Days Payable Chart

Home First Finance Co India Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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1.34

3.50

7.07

9.37

7.43

Home First Finance Co India Quarterly Data
	Mar18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														8.19	11.31	7.80	6.14	5.74

Competitive Comparison of Home First Finance Co India's Days Payable

For the Mortgage Finance subindustry, Home First Finance Co 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.

Home First Finance Co India's Days Payable Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Home First Finance Co India's Days Payable distribution charts can be found below:

* The bar in red indicates where Home First Finance Co India's Days Payable falls into.

Home First Finance Co 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.

Home First Finance Co 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
=	( (149.13	+	114.85)	/	2 )	/	6482.06	*	365
=	131.99					/	6482.06	*	365
=	7.43

Home First Finance Co 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	+	114.85)	/	1 )	/	1824.23	*	365 / 4
=	114.85					/	1824.23	*	365 / 4
=	5.74

Home First Finance Co India Days Payable Related Terms

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Home First Finance Co India (BOM:543259) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Home First Finance Co India Ltd (BOM:543259) » Definitions » Days Payable

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HOMEFIRST:India

Address

511, Acme Plaza, Andheri Kurla Road, Opposite Sangam Cinema, J B Nagar, Andheri (East), Mumbai, MH, IND, 400 059

Website

https://www.homefirstindia.com

Home First Finance Co India Ltd is an affordable housing finance company. The company is primarily engaged in the business of lending housing loans, loans to purchase commercial property, loans against property, and construction finance.

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