Reliance Infrastructure (Reliance Infrastructure) Days Payable : 551.42 (As of Dec. 2023)

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

What is Reliance Infrastructure Days Payable?

Reliance Infrastructure's average Accounts Payable for the three months ended in Dec. 2023 was $2,185 Mil. Reliance Infrastructure's Cost of Goods Sold for the three months ended in Dec. 2023 was $362 Mil. Hence, Reliance Infrastructure's Days Payable for the three months ended in Dec. 2023 was 551.42.

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

RELFF' s Days Payable Range Over the Past 10 Years
Min: 104.77 Med: 435.12 Max: 662.8
Current: 404.94

During the past 13 years, Reliance Infrastructure's highest Days Payable was 662.80. The lowest was 104.77. And the median was 435.12.

RELFF's Days Payable is ranked better than
84.5% of 387 companies
in the Utilities - Independent Power Producers industry
Industry Median: 81.57 vs RELFF: 404.94

Reliance Infrastructure's Days Payable declined from Dec. 2022 (602.96) to Dec. 2023 (551.42). It may suggest that Reliance Infrastructure accelerated paying its suppliers.

Reliance Infrastructure Days Payable Historical Data

The historical data trend for Reliance Infrastructure'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.

Reliance Infrastructure Days Payable Chart

Reliance Infrastructure Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

621.71

553.46

537.85

455.81

412.76

Reliance Infrastructure Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															602.96	420.17	366.34	336.16	551.42

Competitive Comparison of Reliance Infrastructure's Days Payable

For the Utilities - Independent Power Producers subindustry, Reliance Infrastructure'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.

Reliance Infrastructure's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Reliance Infrastructure's Days Payable falls into.

Reliance Infrastructure 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.

Reliance Infrastructure'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
=	( (2215.764	+	2131.416)	/	2 )	/	1922.091	*	365
=	2173.59					/	1922.091	*	365
=	412.76

Reliance Infrastructure's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2185.302	+	0)	/	1 )	/	361.629	*	365 / 4
=	2185.302					/	361.629	*	365 / 4
=	551.42

Reliance Infrastructure Days Payable Related Terms

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

Reliance Infrastructure (Reliance Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Reliance Infrastructure Ltd (OTCPK:RELFF) » Definitions » Days Payable

Traded in Other Exchanges

RELINFRA:India 500390:India

Address

19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Mumbai, MH, IND, 400001

Website

https://www.rinfra.com

Reliance Infrastructure Ltd, or RInfra, is an Indian company operating in the country's utilities and infrastructure sectors. The company segments its activities into 'Power', 'Engineering and Construction' (E&C) and 'Infrastructure. Reliance Infrastructure's revenue is derived from electricity sales and transmission charges issued by its Power division. This unit is involved in the generation, transmission, distribution, and trading of energy in India. RInfra's Power Business utilizes thermal power plants that operate on natural gas and coal to then distribute electricity to urban markets, such as Mumbai and Delhi. The company's EPC division also generates substantial income through contracts with entities in India's power and road sectors.

Reliance Infrastructure (Reliance Infrastructure) Headlines

From GuruFocus

Brandes Investment Trust Comments on Reliance Infrastructure

By Holly LaFon Holly LaFon • 02-08-2016

Brandes Emerging Markets Value Fund 4th Quarter Commentary

By Holly LaFon Holly LaFon • 02-08-2016