Times Green Energy (India) (BOM:543310) Days Payable : 248.93 (As of Sep. 2023)

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What is Times Green Energy (India) Days Payable?

Times Green Energy (India)'s average Accounts Payable for the six months ended in Sep. 2023 was ₹60.2 Mil. Times Green Energy (India)'s Cost of Goods Sold for the six months ended in Sep. 2023 was ₹44.2 Mil. Hence, Times Green Energy (India)'s Days Payable for the six months ended in Sep. 2023 was 248.93.

The historical rank and industry rank for Times Green Energy (India)'s Days Payable or its related term are showing as below:

BOM:543310' s Days Payable Range Over the Past 10 Years
Min: 36.32 Med: 73.31 Max: 141.61
Current: 141.61

During the past 6 years, Times Green Energy (India)'s highest Days Payable was 141.61. The lowest was 36.32. And the median was 73.31.

BOM:543310's Days Payable is ranked better than
75.32% of 235 companies
in the Agriculture industry
Industry Median: 78.42 vs BOM:543310: 141.61

Times Green Energy (India)'s Days Payable increased from Sep. 2022 (186.91) to Sep. 2023 (248.93). It may suggest that Times Green Energy (India) delayed paying its suppliers.

Times Green Energy (India) Days Payable Historical Data

The historical data trend for Times Green Energy (India)'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.

Times Green Energy (India) Days Payable Chart

Times Green Energy (India) Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

45.08

36.32

115.92

112.40

97.56

Times Green Energy (India) Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial					115.39	97.53	186.91	83.36	248.93

Competitive Comparison of Times Green Energy (India)'s Days Payable

For the Agricultural Inputs subindustry, Times Green Energy (India)'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.

Times Green Energy (India)'s Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Times Green Energy (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Times Green Energy (India)'s Days Payable falls into.

Times Green Energy (India) 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.

Times Green Energy (India)'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
=	( (64.084	+	38.15)	/	2 )	/	191.249	*	365
=	51.117					/	191.249	*	365
=	97.56

Times Green Energy (India)'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
=	( (38.15	+	82.314)	/	2 )	/	44.159	*	365 / 2
=	60.232					/	44.159	*	365 / 2
=	248.93

Times Green Energy (India) Days Payable Related Terms

Thank you for viewing the detailed overview of Times Green Energy (India)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Times Green Energy (India) (BOM:543310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Times Green Energy (India) Ltd (BOM:543310) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flat No. 602, Druva Thara Apartments, Medinova Complex, Somajiguda, Hyderabad, TG, IND, 500 082

Website

https://www.timesgreenenergy.com

Times Green Energy (India) Ltd is engaged in the farming and selling activities of agricultural produce and trading of natural organic products, bioproducts, and pesticides. The company is also engaged in the manufacturing and selling of sanitary napkins, baby nappies, and adult nappies.

Times Green Energy (India) (BOM:543310) Headlines

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