CESC (BOM:500084) Days Payable : 53.05 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is CESC Days Payable?

CESC's average Accounts Payable for the three months ended in Dec. 2023 was ₹12,570 Mil. CESC's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹21,620 Mil. Hence, CESC's Days Payable for the three months ended in Dec. 2023 was 53.05.

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

BOM:500084' s Days Payable Range Over the Past 10 Years
Min: 36.36 Med: 45.24 Max: 61.43
Current: 44.69

During the past 13 years, CESC's highest Days Payable was 61.43. The lowest was 36.36. And the median was 45.24.

BOM:500084's Days Payable is ranked worse than
68.62% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.43 vs BOM:500084: 44.69

CESC's Days Payable declined from Dec. 2022 (67.99) to Dec. 2023 (53.05). It may suggest that CESC accelerated paying its suppliers.

CESC Days Payable Historical Data

The historical data trend for CESC'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.

CESC Days Payable Chart

CESC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

38.39

36.36

49.52

48.86

40.13

CESC 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															67.99	42.88	35.21	38.84	53.05

Competitive Comparison of CESC's Days Payable

For the Utilities - Regulated Electric subindustry, CESC'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.

CESC's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CESC's Days Payable distribution charts can be found below:

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

CESC 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.

CESC'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
=	( (10415.8	+	10898.2)	/	2 )	/	96940.9	*	365
=	10657					/	96940.9	*	365
=	40.13

CESC'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
=	( (12570	+	0)	/	1 )	/	21620	*	365 / 4
=	12570					/	21620	*	365 / 4
=	53.05

CESC Days Payable Related Terms

Thank you for viewing the detailed overview of CESC's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

CESC (BOM:500084) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CESC Ltd (BOM:500084) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CESC:India

Address

CESC House, Chowringhee Square, Kolkata, WB, IND, 700 001

Website

https://www.cesc.co.in

CESC Ltd is an Indian power utility company engaged in the generation and distribution of electricity. The company owns and operates a portfolio of energy-generating facilities that primarily utilize thermal fuel sources, such as coal. CESC sources its coal mainly from Indian mines either allocated to it by the Government of India or purchased in the marketplace. The company has also made efforts to expand its capacity through renewable energy sites that employ wind, hydro, and solar power. CESC generates the vast majority of its revenue from the sale of electricity to consumer households and commercial establishments in the state of West Bengal in India. Through its subsidiaries, the company is also involved in the retail, business process management, and infrastructure sectors.

CESC (BOM:500084) Headlines

No Headlines