Adani Green Energy (BOM:541450) Days Sales Outstanding : 48.46 (As of Mar. 2024)

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What is Adani Green Energy Days Sales Outstanding?

Adani Green Energy's average Accounts Receivable for the three months ended in Mar. 2024 was ₹13,420 Mil. Adani Green Energy's Revenue for the three months ended in Mar. 2024 was ₹25,270 Mil. Hence, Adani Green Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 48.46.

The historical rank and industry rank for Adani Green Energy's Days Sales Outstanding or its related term are showing as below:

BOM:541450' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.82 Med: 113.51 Max: 860.06
Current: 73.07

During the past 9 years, Adani Green Energy's highest Days Sales Outstanding was 860.06. The lowest was 57.82. And the median was 113.51.

BOM:541450's Days Sales Outstanding is ranked worse than
55.53% of 407 companies
in the Utilities - Independent Power Producers industry
Industry Median: 65.74 vs BOM:541450: 73.07

Adani Green Energy's Days Sales Outstanding declined from Dec. 2022 (60.74) to Mar. 2024 (48.46).

Adani Green Energy Days Sales Outstanding Historical Data

The historical data trend for Adani Green Energy's Days Sales Outstanding 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.

Adani Green Energy Days Sales Outstanding Chart

Adani Green Energy Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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107.24

113.51

85.51

65.27

57.82

Adani Green Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															60.74	55.70	59.54	52.04	48.46

Competitive Comparison of Adani Green Energy's Days Sales Outstanding

For the Utilities - Renewable subindustry, Adani Green Energy's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Adani Green Energy's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Adani Green Energy's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Adani Green Energy's Days Sales Outstanding falls into.

Adani Green Energy Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Adani Green Energy's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (15790	+	13420)	/	2 )	/	92200	*	365
=	14605					/	92200	*	365
=	57.82

Adani Green Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	13420)	/	1 )	/	25270	*	365 / 4
=	13420					/	25270	*	365 / 4
=	48.46

Adani Green Energy (BOM:541450) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Adani Green Energy Days Sales Outstanding Related Terms

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Adani Green Energy (BOM:541450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Adani Green Energy Ltd (BOM:541450) » Definitions » Days Sales Outstanding

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ADANIGREEN:India

Address

Near Vaishnav Devi Circle, S. G. Highway, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421

Website

https://www.adanigreenenergy.com

Adani Green Energy Ltd is engaged in Power Generation and Construction Contracts. It builds, owns, and operates power plants powered by renewable sources of energy like solar and wind. The company derives its income from Power Supply.

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