India Grid Trust (BOM:540565) Days Payable : 3,001.36 (As of Sep. 2023)

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What is India Grid Trust Days Payable?

India Grid Trust's average Accounts Payable for the three months ended in Sep. 2023 was ₹3,164 Mil. India Grid Trust's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹96 Mil. Hence, India Grid Trust's Days Payable for the three months ended in Sep. 2023 was 3,001.36.

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

BOM:540565' s Days Payable Range Over the Past 10 Years
Min: 70.21 Med: 316.33 Max: 2925.74
Current: 2370.72

During the past 9 years, India Grid Trust's highest Days Payable was 2925.74. The lowest was 70.21. And the median was 316.33.

BOM:540565's Days Payable is ranked better than
95.65% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.95 vs BOM:540565: 2370.72

India Grid Trust's Days Payable increased from Jun. 2022 (494.03) to Sep. 2023 (3,001.36). It may suggest that India Grid Trust delayed paying its suppliers.

India Grid Trust Days Payable Historical Data

The historical data trend for India Grid Trust'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.

India Grid Trust Days Payable Chart

India Grid Trust Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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303.66

375.71

316.33

269.04

397.78

India Grid Trust Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															494.03	-	-	239.96	3,001.36

Competitive Comparison of India Grid Trust's Days Payable

For the Utilities - Independent Power Producers subindustry, India Grid Trust'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.

India Grid Trust's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where India Grid Trust's Days Payable falls into.

India Grid Trust 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.

India Grid Trust'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
=	( (486.29	+	749.35)	/	2 )	/	566.91	*	365
=	617.82					/	566.91	*	365
=	397.78

India Grid Trust'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
=	( (749.35	+	5577.68)	/	2 )	/	96.18	*	365 / 4
=	3163.515					/	96.18	*	365 / 4
=	3,001.36

India Grid Trust Days Payable Related Terms

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India Grid Trust (BOM:540565) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » India Grid Trust (BOM:540565) » Definitions » Days Payable

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INDIGRID:India

Address

Off CST Road, Vidyanagari Marg, Unit No. 101, First Floor, Windsor, Village KoleKalyan, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.indigrid.co.in

India Grid Trust is an infrastructure investment trust established to own inter-state power transmission assets in India. Its asset portfolio comprises nine power transmission projects located across 18 states and 1 union territory in India. The projects comprise extra high voltage (EHV) overhead power transmission lines, comprising approximately seven 765 kV transmission lines and thirty 400 kV transmission lines.

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