INOX Green Energy Services (BOM:543667) Days Payable : 245.38 (As of Mar. 2024)

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What is INOX Green Energy Services Days Payable?

INOX Green Energy Services's average Accounts Payable for the three months ended in Mar. 2024 was ₹560 Mil. INOX Green Energy Services's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹208 Mil. Hence, INOX Green Energy Services's Days Payable for the three months ended in Mar. 2024 was 245.38.

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

BOM:543667' s Days Payable Range Over the Past 10 Years
Min: 235.16 Med: 462.26 Max: 717.23
Current: 344.87

During the past 5 years, INOX Green Energy Services's highest Days Payable was 717.23. The lowest was 235.16. And the median was 462.26.

BOM:543667's Days Payable is ranked better than
82.26% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs BOM:543667: 344.87

INOX Green Energy Services's Days Payable increased from Dec. 2022 (0.00) to Mar. 2024 (245.38). It may suggest that INOX Green Energy Services delayed paying its suppliers.

INOX Green Energy Services Days Payable Historical Data

The historical data trend for INOX Green Energy Services'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.

INOX Green Energy Services Days Payable Chart

INOX Green Energy Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

462.26

717.23

643.22

235.16

314.14

INOX Green Energy Services Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial						-	379.01	303.81	125.12	245.38

Competitive Comparison of INOX Green Energy Services's Days Payable

For the Utilities - Renewable subindustry, INOX Green Energy Services'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.

INOX Green Energy Services's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where INOX Green Energy Services's Days Payable falls into.

INOX Green Energy Services 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.

INOX Green Energy Services'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
=	( (1098.6	+	560.4)	/	2 )	/	963.8	*	365
=	829.5					/	963.8	*	365
=	314.14

INOX Green Energy Services'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	+	560.4)	/	1 )	/	208.4	*	365 / 4
=	560.4					/	208.4	*	365 / 4
=	245.38

INOX Green Energy Services Days Payable Related Terms

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INOX Green Energy Services (BOM:543667) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » INOX Green Energy Services Ltd (BOM:543667) » Definitions » Days Payable

Traded in Other Exchanges

INOXGREEN:India

Address

Inox Towers, Plot No. 17, Sector-16A, Noida, UP, IND, 201 301

Website

https://www.inoxgreen.com

INOX Green Energy Services Ltd is a wind power operation and maintenance (O&M) service providers within India. It is engaged in the business of providing long-term O&M services for wind projects, specifically the provision of O&M services for wind turbine generators and the common infrastructure facilities.

INOX Green Energy Services (BOM:543667) Headlines

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