Karma Energy (BOM:533451) Days Payable : 79.61 (As of Mar. 2024)

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What is Karma Energy Days Payable?

Karma Energy's average Accounts Payable for the three months ended in Mar. 2024 was ₹8.7 Mil. Karma Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹10.0 Mil. Hence, Karma Energy's Days Payable for the three months ended in Mar. 2024 was 79.61.

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

BOM:533451' s Days Payable Range Over the Past 10 Years
Min: 11.07 Med: 26.65 Max: 186.08
Current: 36.57

During the past 13 years, Karma Energy's highest Days Payable was 186.08. The lowest was 11.07. And the median was 26.65.

BOM:533451's Days Payable is ranked worse than
74.61% of 386 companies
in the Utilities - Independent Power Producers industry
Industry Median: 77.405 vs BOM:533451: 36.57

Karma Energy's Days Payable increased from Mar. 2023 (16.97) to Mar. 2024 (79.61). It may suggest that Karma Energy delayed paying its suppliers.

Karma Energy Days Payable Historical Data

The historical data trend for Karma Energy'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.

Karma Energy Days Payable Chart

Karma Energy Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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26.81

26.48

11.07

26.25

50.18

Karma Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															16.97	19.04	10.28	9.82	79.61

Competitive Comparison of Karma Energy's Days Payable

For the Utilities - Renewable subindustry, Karma Energy'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.

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

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

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

Karma Energy 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.

Karma Energy's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (2.427	+	8.698)	/	2 )	/	40.463	*	365
=	5.5625					/	40.463	*	365
=	50.18

Karma Energy's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	8.698)	/	1 )	/	9.97	*	365 / 4
=	8.698					/	9.97	*	365 / 4
=	79.61

Karma Energy Days Payable Related Terms

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Karma Energy (BOM:533451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Karma Energy Ltd (BOM:533451) » Definitions » Days Payable

Traded in Other Exchanges

KARMAENG:India

Address

Ent A.K. Nayak Marg, 214, Dr. D.N. Road, Empire House, Fort, Mumbai, MH, IND, 400001

Website

https://www.karmaenergy.co

Karma Energy Ltd is an India-based company engaged in the generation of power from renewable energy sources. The company generates energy from wind power, hydropower, and solar power. It derives revenue from the sale of power.

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