Indian Energy Exchange (BOM:540750) Days Payable : 4,977.85 (As of Mar. 2024)

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What is Indian Energy Exchange Days Payable?

Indian Energy Exchange's average Accounts Payable for the three months ended in Mar. 2024 was ₹5,627 Mil. Indian Energy Exchange's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹103 Mil. Hence, Indian Energy Exchange's Days Payable for the three months ended in Mar. 2024 was 4,977.85.

The historical rank and industry rank for Indian Energy Exchange's Days Payable or its related term are showing as below:

BOM:540750' s Days Payable Range Over the Past 10 Years
Min: 937.4 Med: 1382.02 Max: 5465.04
Current: 4447.51

During the past 12 years, Indian Energy Exchange's highest Days Payable was 5465.04. The lowest was 937.40. And the median was 1382.02.

BOM:540750's Days Payable is ranked better than
92.38% of 525 companies
in the Capital Markets industry
Industry Median: 104.06 vs BOM:540750: 4447.51

Indian Energy Exchange's Days Payable increased from Mar. 2023 (4,077.08) to Mar. 2024 (4,977.85). It may suggest that Indian Energy Exchange delayed paying its suppliers.

Indian Energy Exchange Days Payable Historical Data

The historical data trend for Indian Energy Exchange'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.

Indian Energy Exchange Days Payable Chart

Indian Energy Exchange Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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1,175.91

1,000.11

3,420.87

5,465.04

4,514.84

Indian Energy Exchange 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															4,077.08	3,724.40	4,422.62	4,510.02	4,977.85

Competitive Comparison of Indian Energy Exchange's Days Payable

For the Capital Markets subindustry, Indian Energy Exchange'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.

Indian Energy Exchange's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Indian Energy Exchange's Days Payable distribution charts can be found below:

* The bar in red indicates where Indian Energy Exchange's Days Payable falls into.

Indian Energy Exchange 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.

Indian Energy Exchange'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
=	( (4024.228	+	5626.738)	/	2 )	/	390.114	*	365
=	4825.483					/	390.114	*	365
=	4,514.84

Indian Energy Exchange'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	+	5626.738)	/	1 )	/	103.145	*	365 / 4
=	5626.738					/	103.145	*	365 / 4
=	4,977.85

Indian Energy Exchange Days Payable Related Terms

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

Indian Energy Exchange (BOM:540750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Indian Energy Exchange Ltd (BOM:540750) » Definitions » Days Payable

Comparable Companies

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IEX:India

Address

Gautam Buddha Nagar, 9th Floor, Plot No. C-001/A/1, Max Towers, Sector 16B, Noida, UP, IND, 201 301

Website

https://www.iexindia.com

Indian Energy Exchange Ltd is an India-based power trading platform provider. It offers an automated platform for physical delivery of electricity, IEX enables efficient price discovery and offers participants the opportunity to trade in a variety of energy products. It offers an electronic platform for the trading of electricity products in India. The Company has determined reportable segments by the nature of its products and services, which are Power exchange, Carbon exchange, and Gas exchange.

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