Agni Green Power (NSE:AGNI) Days Payable : 82.71 (As of Sep. 2023)

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What is Agni Green Power Days Payable?

Agni Green Power's average Accounts Payable for the six months ended in Sep. 2023 was ₹43.1 Mil. Agni Green Power's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹95.1 Mil. Hence, Agni Green Power's Days Payable for the six months ended in Sep. 2023 was 82.71.

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

NSE:AGNI' s Days Payable Range Over the Past 10 Years
Min: 65.87 Med: 175.05 Max: 227.29
Current: 65.87

During the past 5 years, Agni Green Power's highest Days Payable was 227.29. The lowest was 65.87. And the median was 175.05.

NSE:AGNI's Days Payable is ranked better than
62.66% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs NSE:AGNI: 65.87

Agni Green Power's Days Payable declined from Sep. 2022 (197.05) to Sep. 2023 (82.71). It may suggest that Agni Green Power accelerated paying its suppliers.

Agni Green Power Days Payable Historical Data

The historical data trend for Agni Green 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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Agni Green Power Days Payable Chart

Agni Green Power Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

175.05

206.67

93.87

227.29

74.67

Agni Green Power Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			-	50.93	197.05	50.07	82.71

Competitive Comparison of Agni Green Power's Days Payable

For the Solar subindustry, Agni Green 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.

Agni Green Power's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Agni Green Power's Days Payable distribution charts can be found below:

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

Agni Green 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.

Agni Green 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
=	( (28.818	+	35.63)	/	2 )	/	157.511	*	365
=	32.224					/	157.511	*	365
=	74.67

Agni Green Power's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (35.63	+	50.551)	/	2 )	/	95.085	*	365 / 2
=	43.0905					/	95.085	*	365 / 2
=	82.71

Agni Green Power Days Payable Related Terms

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Agni Green Power (NSE:AGNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Agni Green Power Ltd (NSE:AGNI) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

114, Rajdanga Gold Park, Piyali Apartment, 1st Floor, South Parganas, Kolkata, WB, IND, 700107

Website

https://www.agnipower.com

Agni Green Power Ltd is engaged in the business of executing turn-key solar PV power plant projects. It also involves of manufacture, sale and installation of solar photovoltaic power plants, solar lamps, solar power conditioning units and other solar products like charge controller, solar pump controller, solar adaptors, solar generators, junction boxes etc. The Company's product categories consist of Lighting Systems, Power Conditioning Units, Solar MPPT Chargers, Balance Of Systems (BOS), Solarizer (Solar Adaptor), Solar Pumps and Remote Monitoring System.

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