Sungarner Energies (NSE:SEL) Days Payable : 42.09 (As of Mar. 2023)

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What is Sungarner Energies Days Payable?

Sungarner Energies's average Accounts Payable for the six months ended in Mar. 2023 was ₹11.9 Mil. Sungarner Energies's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹102.9 Mil. Hence, Sungarner Energies's Days Payable for the six months ended in Mar. 2023 was 21.05.

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

NSE:SEL' s Days Payable Range Over the Past 10 Years
Min: 42.09 Med: 92.93 Max: 132.09
Current: 42.09

During the past 4 years, Sungarner Energies's highest Days Payable was 132.09. The lowest was 42.09. And the median was 92.93.

NSE:SEL's Days Payable is ranked worse than
77.71% of 2938 companies
in the Industrial Products industry
Industry Median: 76.8 vs NSE:SEL: 42.09

Sungarner Energies's Days Payable declined from Mar. 2021 (95.63) to Mar. 2023 (42.09). It may suggest that Sungarner Energies accelerated paying its suppliers.

Sungarner Energies Days Payable Historical Data

The historical data trend for Sungarner Energies'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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Sungarner Energies Days Payable Chart

Sungarner Energies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

132.09

95.63

90.22

42.09

Sungarner Energies Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Days Payable	132.09	95.63	90.22	42.09

Competitive Comparison of Sungarner Energies's Days Payable

For the Electrical Equipment & Parts subindustry, Sungarner Energies'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.

Sungarner Energies's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sungarner Energies's Days Payable distribution charts can be found below:

* The bar in red indicates where Sungarner Energies's Days Payable falls into.

Sungarner Energies 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.

Sungarner Energies'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
=	( (9.351	+	14.388)	/	2 )	/	102.919	*	365
=	11.8695					/	102.919	*	365
=	42.09

Sungarner Energies'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: Mar. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (9.351	+	14.388)	/	2 )	/	102.919	*	365 / 2
=	11.8695					/	102.919	*	365 / 2
=	21.05

Sungarner Energies Days Payable Related Terms

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Sungarner Energies (NSE:SEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sungarner Energies Ltd (NSE:SEL) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Plot No. 113, Udyog Kendra-II, Gautam Budh Nagar, Greater Noida, UP, IND, 201306

Website

https://www.sungarner.com

Sungarner Energies Ltd offers a wide range of power solutions. It is engaged in the manufacturing, design, and engineering of Power Equipments and Appliances such as Online UPS, Solar Inverters, EV Chargers, Storage Solutions ( Lead Acid and Lithium-ion), Solar Equipment, and Installation and Commissioning of Solar Power Plants.

Sungarner Energies (NSE:SEL) Headlines

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