Azure Power Global (Azure Power Global) Days Sales Outstanding : 104.94 (As of Mar. 2022)

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What is Azure Power Global Days Sales Outstanding?

Azure Power Global's average Accounts Receivable for the three months ended in Mar. 2022 was $76.0 Mil. Azure Power Global's Revenue for the three months ended in Mar. 2022 was $66.1 Mil. Hence, Azure Power Global's Days Sales Outstanding for the three months ended in Mar. 2022 was 104.94.

The historical rank and industry rank for Azure Power Global's Days Sales Outstanding or its related term are showing as below:

AZREF's Days Sales Outstanding is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 65.74
* Ranked among companies with meaningful Days Sales Outstanding only.

Azure Power Global's Days Sales Outstanding increased from Mar. 2021 (100.11) to Mar. 2022 (104.94).

Azure Power Global Days Sales Outstanding Historical Data

The historical data trend for Azure Power Global's Days Sales Outstanding 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.

Azure Power Global Days Sales Outstanding Chart

Azure Power Global Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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104.48

112.72

110.67

110.99

107.63

Azure Power Global Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial															105.32	114.38	115.06	104.94	-

Competitive Comparison of Azure Power Global's Days Sales Outstanding

For the Utilities - Renewable subindustry, Azure Power Global's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Azure Power Global's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Azure Power Global's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Azure Power Global's Days Sales Outstanding falls into.

Azure Power Global Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Azure Power Global's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (79.289	+	69.445)	/	2 )	/	252.205	*	365
=	74.367					/	252.205	*	365
=	107.63

Azure Power Global's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

	Days Sales Outstanding (Q: Mar. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )	/	Revenue (A: Mar. 2022 )	*	Days in Period
=	( (72.711	+	79.289)	/	2 )	/	66.085	*	365 / 4
=	76					/	66.085	*	365 / 4
=	104.94

Azure Power Global (OTCPK:AZREF) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Azure Power Global Days Sales Outstanding Related Terms

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Azure Power Global (Azure Power Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Azure Power Global Ltd (OTCPK:AZREF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saket Place, 5th Floor, Southern Park, D-II, Saket, New Delhi, IND, 110017

Website

https://www.azurepower.com

Azure Power Global Ltd produces and sells solar power in India. It is engaged in the development, construction, ownership, operation, maintenance, and management of solar power plants and the generation of solar energy. The company generates revenue from a mix of Indian central and state government utilities and commercial entities. The Company has a single operating and reporting segment: Sale of power.