Gujarat Industries Power Co (BOM:517300) Days Payable : 38.77 (As of Mar. 2024)

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What is Gujarat Industries Power Co Days Payable?

Gujarat Industries Power Co's average Accounts Payable for the three months ended in Mar. 2024 was ₹871 Mil. Gujarat Industries Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,050 Mil. Hence, Gujarat Industries Power Co's Days Payable for the three months ended in Mar. 2024 was 38.77.

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

BOM:517300' s Days Payable Range Over the Past 10 Years
Min: 38.88 Med: 49.64 Max: 63.93
Current: 38.88

During the past 13 years, Gujarat Industries Power Co's highest Days Payable was 63.93. The lowest was 38.88. And the median was 49.64.

BOM:517300's Days Payable is ranked worse than
76.88% of 493 companies
in the Utilities - Regulated industry
Industry Median: 66.15 vs BOM:517300: 38.88

Gujarat Industries Power Co's Days Payable increased from Mar. 2023 (31.99) to Mar. 2024 (38.77). It may suggest that Gujarat Industries Power Co delayed paying its suppliers.

Gujarat Industries Power Co Days Payable Historical Data

The historical data trend for Gujarat Industries Power Co'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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Gujarat Industries Power Co Days Payable Chart

Gujarat Industries Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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63.93

48.75

59.19

44.47

41.42

Gujarat Industries Power Co 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															31.99	42.29	38.24	31.58	38.77

Competitive Comparison of Gujarat Industries Power Co's Days Payable

For the Utilities - Regulated Electric subindustry, Gujarat Industries Power Co'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.

Gujarat Industries Power Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat Industries Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Gujarat Industries Power Co's Days Payable falls into.

Gujarat Industries Power Co 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.

Gujarat Industries Power Co'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
=	( (899.82	+	870.946)	/	2 )	/	7802.609	*	365
=	885.383					/	7802.609	*	365
=	41.42

Gujarat Industries Power Co'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	+	870.946)	/	1 )	/	2049.775	*	365 / 4
=	870.946					/	2049.775	*	365 / 4
=	38.77

Gujarat Industries Power Co Days Payable Related Terms

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Gujarat Industries Power Co (BOM:517300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Gujarat Industries Power Co Ltd (BOM:517300) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GIPCL:India

Address

P.O. Ranoli, Vadodara, GJ, IND, 391 350

Website

https://www.gipcl.com

Gujarat Industries Power Co Ltd is engaged in the business of electrical power generation. Its power generation plants include gas-based power plants, thermal power plants, and solar power plants. The company generates a majority of its revenue from the sale of electrical energy within the domestic market.

Gujarat Industries Power Co (BOM:517300) Headlines

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