Indowind Energy (BOM:532894) Days Payable : 141.50 (As of Dec. 2023)

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What is Indowind Energy Days Payable?

Indowind Energy's average Accounts Payable for the three months ended in Dec. 2023 was ₹70.0 Mil. Indowind Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹45.1 Mil. Hence, Indowind Energy's Days Payable for the three months ended in Dec. 2023 was 141.50.

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

BOM:532894' s Days Payable Range Over the Past 10 Years
Min: 43.69 Med: 129.17 Max: 1725.54
Current: 1320.97

During the past 13 years, Indowind Energy's highest Days Payable was 1725.54. The lowest was 43.69. And the median was 129.17.

BOM:532894's Days Payable is ranked better than
92.78% of 388 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.705 vs BOM:532894: 1320.97

Indowind Energy's Days Payable declined from Dec. 2022 (327.31) to Dec. 2023 (141.50). It may suggest that Indowind Energy accelerated paying its suppliers.

Indowind Energy Days Payable Historical Data

The historical data trend for Indowind Energy'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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Indowind Energy Days Payable Chart

Indowind Energy Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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52.37

86.91

153.20

276.95

1,725.54

Indowind Energy 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															327.31	-	-	-	141.50

Competitive Comparison of Indowind Energy's Days Payable

For the Utilities - Renewable subindustry, Indowind Energy'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.

Indowind Energy's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Indowind Energy's Days Payable distribution charts can be found below:

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

Indowind Energy 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.

Indowind Energy'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
=	( (6.216	+	27.009)	/	2 )	/	3.514	*	365
=	16.6125					/	3.514	*	365
=	1,725.54

Indowind Energy'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
=	( (69.992	+	0)	/	1 )	/	45.135	*	365 / 4
=	69.992					/	45.135	*	365 / 4
=	141.50

Indowind Energy Days Payable Related Terms

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Indowind Energy (BOM:532894) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Indowind Energy Ltd (BOM:532894) » Definitions » Days Payable

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INDOWIND:India

Address

114, Mahatma Gandhi Road, Kothari Buildings, 4th Floor, Nungambakkam, Chennai, TN, IND, 600034

Website

https://www.indowind.com

Indowind Energy Ltd is an independent power producer in the renewable energy field generating green power through dedicated wind farms and also offering allied services in the wind energy sector. It offers the following services to various stakeholders in the power industry - green power sale, project management services, asset management services, and value addition services. The company generates its revenue from the sale of power.

Indowind Energy (BOM:532894) Headlines

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