AZREF (Azure Power Global) Accounts Payable & Accrued Expense: $80.5 Mil (As of Mar. 2024)

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AZREF Azure Power Global Ltd AZREF
12 GF Score
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What is Azure Power Global Accounts Payable & Accrued Expense?

Azure Power Global AZREF 12 Accounts Payable & Accrued Expense is $80.5 Mil as of Mar. 2024. GuruFocus rates AZREF with a GF Score™ of 12/100.

Azure Power Global's quarterly accounts payable & accrued expense declined from Mar. 2022 ($84.2 Mil) to Mar. 2023 ($82.4 Mil) and declined from Mar. 2023 ($82.4 Mil) to Mar. 2024 ($80.5 Mil).

Azure Power Global's annual accounts payable & accrued expense declined from Mar. 2022 ($84.2 Mil) to Mar. 2023 ($82.4 Mil) and declined from Mar. 2023 ($82.4 Mil) to Mar. 2024 ($80.5 Mil).

Azure Power Global Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Azure Power Global's Accounts Payable & Accrued Expense 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.

Azure Power Global Accounts Payable & Accrued Expense Chart

Azure Power Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.77 80.61 84.16 82.44 80.47

Azure Power Global Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 47.77 80.61 84.16 82.44 80.47
AZREF
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Azure Power Global Ltd AZREF
Accounts Payable & Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Azure Power Global Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

What does a Accounts Payable & Accrued Expense of $80.5 Mil mean?
Azure Power Global (AZREF) has a Accounts Payable & Accrued Expense of $80.5 Mil as of Mar. 2024. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Azure Power Global and its competitors.
Is Azure Power Global's Accounts Payable & Accrued Expense too high?
Azure Power Global's current Accounts Payable & Accrued Expense is $80.5 Mil. Overall, Azure Power Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Azure Power Global's Accounts Payable & Accrued Expense compare to SAFX and VGAS?
Azure Power Global's Accounts Payable & Accrued Expense of $80.5 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for an Utilities - Independent Power Producers company?
A good Accounts Payable & Accrued Expense depends on the Utilities - Independent Power Producers industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Azure Power Global and its competitors. Azure Power Global's current Accounts Payable & Accrued Expense is $80.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azure Power Global stock overvalued right now?
Azure Power Global (AZREF) has a current Accounts Payable & Accrued Expense of $80.5 Mil. The current Accounts Payable & Accrued Expense is $80.5 Mil. Azure Power Global's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Azure Power Global (AZREF), the current Accounts Payable & Accrued Expense is $80.5 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Azure Power Global Business Description

Address Phase II, 8th Floor, Tower A, DLF Infinity, Cyber City, Gurugram, HR, IND, 122002
Azure Power Global Ltd is a utility-scale renewable energy project developer and operator. It is engaged in the development, construction, ownership, operation, maintenance, and management of renewable energy assets based on long-term contracts (Power Purchase Agreements or PPA) with Indian Government energy distribution companies, as well as other Indian non-governmental energy distribution companies and commercial customers.
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Accounts Payable & Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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