RattanIndia Power (NSE:RTNPOWER) Days Payable : 52.76 (As of Dec. 2023)

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What is RattanIndia Power Days Payable?

RattanIndia Power's average Accounts Payable for the three months ended in Dec. 2023 was ₹3,305 Mil. RattanIndia Power's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5,717 Mil. Hence, RattanIndia Power's Days Payable for the three months ended in Dec. 2023 was 52.76.

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

NSE:RTNPOWER' s Days Payable Range Over the Past 10 Years
Min: 4.99 Med: 29.93 Max: 130.55
Current: 32.87

During the past 13 years, RattanIndia Power's highest Days Payable was 130.55. The lowest was 4.99. And the median was 29.93.

NSE:RTNPOWER's Days Payable is ranked worse than
79.03% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.95 vs NSE:RTNPOWER: 32.87

RattanIndia Power's Days Payable increased from Dec. 2022 (7.36) to Dec. 2023 (52.76). It may suggest that RattanIndia Power delayed paying its suppliers.

RattanIndia Power Days Payable Historical Data

The historical data trend for RattanIndia Power'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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RattanIndia Power Days Payable Chart

RattanIndia Power Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

10.00

4.99

9.51

19.44

40.42

RattanIndia Power 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															7.36	41.62	40.47	49.01	52.76

Competitive Comparison of RattanIndia Power's Days Payable

For the Utilities - Renewable subindustry, RattanIndia Power'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.

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

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

* The bar in red indicates where RattanIndia Power's Days Payable falls into.

RattanIndia Power 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.

RattanIndia Power'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
=	( (2131.492	+	2827.367)	/	2 )	/	22390.493	*	365
=	2479.4295					/	22390.493	*	365
=	40.42

RattanIndia Power'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
=	( (3305.4	+	0)	/	1 )	/	5716.8	*	365 / 4
=	3305.4					/	5716.8	*	365 / 4
=	52.76

RattanIndia Power Days Payable Related Terms

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RattanIndia Power (NSE:RTNPOWER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » RattanIndia Power Ltd (NSE:RTNPOWER) » Definitions » Days Payable

Traded in Other Exchanges

533122:India

Address

5th Floor, Tower-B, Worldmark-I, Aerocity, New Delhi, IND, 110037

Website

https://www.rattanindia.com

RattanIndia Power Ltd is engaged in power generation and allied activities. The company is involved in dealing in power generation, distribution, trading, transmission, and other ancillary and incidental activities. It operates power projects, for generating and supplying all forms of electrical energy. The company operates its activities in India and derives its revenue from the supply of power. The company owns several businesses such as cocoblu, revolt, BankSe, NeoSky, Etc.

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