Adani Energy Solutions (BOM:539254) Days Payable : 68.69 (As of Dec. 2023)

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What is Adani Energy Solutions Days Payable?

Adani Energy Solutions's average Accounts Payable for the three months ended in Dec. 2023 was ₹16,599 Mil. Adani Energy Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹22,050 Mil. Hence, Adani Energy Solutions's Days Payable for the three months ended in Dec. 2023 was 68.69.

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

BOM:539254' s Days Payable Range Over the Past 10 Years
Min: 14.84 Med: 106.5 Max: 539.11
Current: 92.58

During the past 9 years, Adani Energy Solutions's highest Days Payable was 539.11. The lowest was 14.84. And the median was 106.50.

BOM:539254's Days Payable is ranked better than
56.07% of 387 companies
in the Utilities - Independent Power Producers industry
Industry Median: 81.57 vs BOM:539254: 92.58

Adani Energy Solutions's Days Payable declined from Dec. 2022 (87.23) to Dec. 2023 (68.69). It may suggest that Adani Energy Solutions accelerated paying its suppliers.

Adani Energy Solutions Days Payable Historical Data

The historical data trend for Adani Energy Solutions'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.

Adani Energy Solutions Days Payable Chart

Adani Energy Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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76.96

118.73

147.56

109.99

103.01

Adani Energy Solutions 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															87.23	129.10	112.55	105.13	68.69

Competitive Comparison of Adani Energy Solutions's Days Payable

For the Utilities - Independent Power Producers subindustry, Adani Energy Solutions'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.

Adani Energy Solutions's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Adani Energy Solutions's Days Payable falls into.

Adani Energy Solutions 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.

Adani Energy Solutions'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
=	( (16079.1	+	18004.3)	/	2 )	/	60385.8	*	365
=	17041.7					/	60385.8	*	365
=	103.01

Adani Energy Solutions'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
=	( (16599.2	+	0)	/	1 )	/	22050	*	365 / 4
=	16599.2					/	22050	*	365 / 4
=	68.69

Adani Energy Solutions Days Payable Related Terms

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Adani Energy Solutions (BOM:539254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Adani Energy Solutions Ltd (BOM:539254) » Definitions » Days Payable

Traded in Other Exchanges

ADANIENSOL:India

Address

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

Website

https://www.adanitransmission.com

Adani Energy Solutions Ltd Formerly Adani Transmission Ltd is a power transmission company in India. It is involved in the business activity of transmission of electric energy. The company is also engaged in the trading of Agri commodities business. The operating segments of the company are the Transmission segment which involves power transmission activities; the Trading segment; Mumbai GTD Business. It derives a majority of revenue from the Mumbai GTD Business segment. The company operates in India.

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