GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tata Power Co Ltd (NSE:TATAPOWER) » Definitions » Days Payable

Tata Power Co (NSE:TATAPOWER) Days Payable : 81.13 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Tata Power Co Days Payable?

Tata Power Co's average Accounts Payable for the three months ended in Mar. 2024 was ₹93,214 Mil. Tata Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹104,836 Mil. Hence, Tata Power Co's Days Payable for the three months ended in Mar. 2024 was 81.13.

The historical rank and industry rank for Tata Power Co's Days Payable or its related term are showing as below:

NSE:TATAPOWER' s Days Payable Range Over the Past 10 Years
Min: 58.83   Med: 96.37   Max: 113.49
Current: 80.68

During the past 13 years, Tata Power Co's highest Days Payable was 113.49. The lowest was 58.83. And the median was 96.37.

NSE:TATAPOWER's Days Payable is ranked better than
50.9% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.95 vs NSE:TATAPOWER: 80.68

Tata Power Co's Days Payable declined from Mar. 2023 (85.19) to Mar. 2024 (81.13). It may suggest that Tata Power Co accelerated paying its suppliers.


Tata Power Co Days Payable Historical Data

The historical data trend for Tata Power Co'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.

Tata Power Co Days Payable Chart

Tata Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.34 100.82 107.27 85.80 74.93

Tata Power Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.19 67.11 90.18 96.02 81.13

Competitive Comparison of Tata Power Co's Days Payable

For the Utilities - Independent Power Producers subindustry, Tata Power Co'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.


Tata Power Co's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Tata Power Co's Days Payable falls into.



Tata Power Co 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.

Tata Power Co'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
=( (74072 + 93213.7) / 2 ) / 407416.1*365
=83642.85 / 407416.1*365
=74.93

Tata Power Co'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 + 93213.7) / 1 ) / 104835.6*365 / 4
=93213.7 / 104835.6*365 / 4
=81.13

* 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.


Tata Power Co Days Payable Related Terms

Thank you for viewing the detailed overview of Tata Power Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Tata Power Co (NSE:TATAPOWER) Business Description

Traded in Other Exchanges
Address
34 Sant Tukaram Road, Corporate Center B, Carnac Bunder, Mumbai, MH, IND, 400 009
Tata Power Co Ltd is an Indian electric utility company within the Tata Group multinational conglomerate that builds, operates, and maintains power generation and distribution facilities. With the help of its seven key subsidiaries and numerous joint-venture companies, Tata Power generates Most of its revenue through the generation, transmission, distribution, and trading of electricity throughout India. Most of this energy is produced from thermal fuel sources, such as coal, oil, and gas. Additionally, Tata Power engages in the production of energy from hydroelectric and renewable sources, including multiple hydroelectric and wind power projects located throughout Africa. Its segment comprises Generation; Renewables; Transmission and Distribution; and Others.

Tata Power Co (NSE:TATAPOWER) Headlines

No Headlines