Adani Total Gas (BOM:542066) Days Payable : 42.41 (As of Dec. 2023)

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What is Adani Total Gas Days Payable?

Adani Total Gas's average Accounts Payable for the three months ended in Dec. 2023 was ₹3,422 Mil. Adani Total Gas's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹7,363 Mil. Hence, Adani Total Gas's Days Payable for the three months ended in Dec. 2023 was 42.41.

The historical rank and industry rank for Adani Total Gas's Days Payable or its related term are showing as below:

BOM:542066' s Days Payable Range Over the Past 10 Years
Min: 20.55 Med: 38.79 Max: 61.03
Current: 42.73

During the past 9 years, Adani Total Gas's highest Days Payable was 61.03. The lowest was 20.55. And the median was 38.79.

BOM:542066's Days Payable is ranked worse than
71.92% of 495 companies
in the Utilities - Regulated industry
Industry Median: 66.88 vs BOM:542066: 42.73

Adani Total Gas's Days Payable increased from Dec. 2022 (36.15) to Dec. 2023 (42.41). It may suggest that Adani Total Gas delayed paying its suppliers.

Adani Total Gas Days Payable Historical Data

The historical data trend for Adani Total Gas'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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Adani Total Gas Days Payable Chart

Adani Total Gas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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43.74

39.08

61.03

38.01

38.79

Adani Total Gas 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															36.15	42.27	54.13	45.13	42.41

Competitive Comparison of Adani Total Gas's Days Payable

For the Utilities - Regulated Gas subindustry, Adani Total Gas'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.

Adani Total Gas's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Adani Total Gas's Days Payable distribution charts can be found below:

* The bar in red indicates where Adani Total Gas's Days Payable falls into.

Adani Total Gas 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.

Adani Total Gas'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
=	( (2551.3	+	4232.4)	/	2 )	/	31919.4	*	365
=	3391.85					/	31919.4	*	365
=	38.79

Adani Total Gas'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
=	( (3422.2	+	0)	/	1 )	/	7363	*	365 / 4
=	3422.2					/	7363	*	365 / 4
=	42.41

Adani Total Gas Days Payable Related Terms

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Adani Total Gas (BOM:542066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Adani Total Gas Ltd (BOM:542066) » Definitions » Days Payable

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ATGL:India

Address

S. G. Highway, Near Vaishno Devi Circle, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421

Website

https://www.adanigas.com

Adani Total Gas Ltd is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential) and Compressed Natural Gas (CNG) to the transport sector. Geographically, the group has set up gas distribution networks in Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana and Khurja in Uttar Pradesh.

Adani Total Gas (BOM:542066) Headlines

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