OPG Power Ventures (STU:OPB) Days Payable : 110.22 (As of Sep. 2023)

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What is OPG Power Ventures Days Payable?

OPG Power Ventures's average Accounts Payable for the six months ended in Sep. 2023 was €41.5 Mil. OPG Power Ventures's Cost of Goods Sold for the six months ended in Sep. 2023 was €68.6 Mil. Hence, OPG Power Ventures's Days Payable for the six months ended in Sep. 2023 was 110.22.

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

STU:OPB' s Days Payable Range Over the Past 10 Years
Min: 87.38 Med: 186.9 Max: 236.81
Current: 163.67

During the past 13 years, OPG Power Ventures's highest Days Payable was 236.81. The lowest was 87.38. And the median was 186.90.

STU:OPB's Days Payable is ranked better than
71.03% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.315 vs STU:OPB: 163.67

OPG Power Ventures's Days Payable declined from Sep. 2022 (291.76) to Sep. 2023 (110.22). It may suggest that OPG Power Ventures accelerated paying its suppliers.

OPG Power Ventures Days Payable Historical Data

The historical data trend for OPG Power Ventures'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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OPG Power Ventures Days Payable Chart

OPG Power Ventures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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190.60

179.57

231.67

180.64

237.53

OPG Power Ventures Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															154.20	358.43	291.76	273.17	110.22

Competitive Comparison of OPG Power Ventures's Days Payable

For the Utilities - Independent Power Producers subindustry, OPG Power Ventures'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.

OPG Power Ventures's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where OPG Power Ventures's Days Payable falls into.

OPG Power Ventures 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.

OPG Power Ventures'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
=	( (29.194	+	33.156)	/	2 )	/	47.905	*	365
=	31.175					/	47.905	*	365
=	237.53

OPG Power Ventures'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
=	( (33.156	+	49.761)	/	2 )	/	68.645	*	365 / 2
=	41.4585					/	68.645	*	365 / 2
=	110.22

OPG Power Ventures Days Payable Related Terms

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OPG Power Ventures (STU:OPB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » OPG Power Ventures PLC (STU:OPB) » Definitions » Days Payable

Traded in Other Exchanges

OPG.GB:UK OPG:UK

Address

55 Athol Street, Douglas, IMN, IM1 1LA

Website

https://www.opgpower.com

OPG Power Ventures PLC is engaged in the development, owning, operation and maintenance of private sector power projects in India. The electricity generated from the group's plants is sold principally to public sector undertakings and heavy industrial companies in India or in the short term market. The business objective of the group is to focus on the power generation business within India and thereby provide reliable, cost effective power to the industrial consumers and other users under the open access provisions mandated by the Government of India.