POWERGRID Infrastructure Investment Trust (BOM:543290) Days Payable : 8.36 (As of Mar. 2023)

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What is POWERGRID Infrastructure Investment Trust Days Payable?

POWERGRID Infrastructure Investment Trust's average Accounts Payable for the three months ended in Mar. 2023 was ₹7 Mil. POWERGRID Infrastructure Investment Trust's Cost of Goods Sold for the three months ended in Mar. 2023 was ₹73 Mil. Hence, POWERGRID Infrastructure Investment Trust's Days Payable for the three months ended in Mar. 2023 was 8.36.

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

BOM:543290's Days Payable is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 76.22
* Ranked among companies with meaningful Days Payable only.

POWERGRID Infrastructure Investment Trust's Days Payable increased from Mar. 2022 (3.38) to Mar. 2023 (8.36). It may suggest that POWERGRID Infrastructure Investment Trust delayed paying its suppliers.

POWERGRID Infrastructure Investment Trust Days Payable Historical Data

The historical data trend for POWERGRID Infrastructure Investment 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.

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POWERGRID Infrastructure Investment Trust Days Payable Chart

POWERGRID Infrastructure Investment Trust Annual Data

Trend

Mar18

Mar19

Mar20

Mar22

Mar23

Days Payable

7.76

5.74

POWERGRID Infrastructure Investment Trust Quarterly Data
	Mar18	Mar19	Mar20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Payable	Get a 7-Day Free Trial							3.38	3.35	-	-	8.36

Competitive Comparison of POWERGRID Infrastructure Investment Trust's Days Payable

For the Utilities - Independent Power Producers subindustry, POWERGRID Infrastructure Investment 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.

POWERGRID Infrastructure Investment Trust's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where POWERGRID Infrastructure Investment Trust's Days Payable falls into.

POWERGRID Infrastructure Investment 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.

POWERGRID Infrastructure Investment 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
=	( (2.76	+	6.68)	/	2 )	/	300.05	*	365
=	4.72					/	300.05	*	365
=	5.74

POWERGRID Infrastructure Investment Trust's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (0	+	6.68)	/	1 )	/	72.89	*	365 / 4
=	6.68					/	72.89	*	365 / 4
=	8.36

POWERGRID Infrastructure Investment Trust Days Payable Related Terms

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POWERGRID Infrastructure Investment Trust (BOM:543290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » POWERGRID Infrastructure Investment Trust (BOM:543290) » Definitions » Days Payable

Traded in Other Exchanges

PGINVIT:India

Address

Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001

Website

http://www.pginvit.in

POWERGRID Infrastructure Investment Trust own, construct, operate, maintain and invest as an infrastructure investment trust as permissible in terms of the InvIT Regulations, including in power transmission assets in India. Its primary business segment is namely power transmission network for the transmission system.

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