IRM Energy (BOM:544004) Days Payable : 16.52 (As of Jun. 2024)

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What is IRM Energy Days Payable?

IRM Energy's average Accounts Payable for the three months ended in Jun. 2024 was ₹293 Mil. IRM Energy's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹1,619 Mil. Hence, IRM Energy's Days Payable for the three months ended in Jun. 2024 was 16.52.

The historical rank and industry rank for IRM Energy's Days Payable or its related term are showing as below:

BOM:544004' s Days Payable Range Over the Past 10 Years
Min: 12.9 Med: 20.56 Max: 43.2
Current: 17.22

During the past 4 years, IRM Energy's highest Days Payable was 43.20. The lowest was 12.90. And the median was 20.56.

BOM:544004's Days Payable is ranked worse than
95.65% of 506 companies
in the Utilities - Regulated industry
Industry Median: 66.1 vs BOM:544004: 17.22

IRM Energy's Days Payable stayed the same from Jun. 2023 (16.52) to Jun. 2024 (16.52). stayed the same

IRM Energy Days Payable Historical Data

The historical data trend for IRM Energy'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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IRM Energy Days Payable Chart

IRM Energy Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

43.20

24.44

12.90

16.67

IRM Energy Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial						16.52	18.36	18.86	15.45	16.52

Competitive Comparison of IRM Energy's Days Payable

For the Utilities - Regulated Gas subindustry, IRM Energy'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.

IRM Energy's Days Payable Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where IRM Energy's Days Payable falls into.

IRM Energy 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.

IRM Energy'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
=	( (311.54	+	293.07)	/	2 )	/	6617.18	*	365
=	302.305					/	6617.18	*	365
=	16.67

IRM Energy's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (293.07	+	0)	/	1 )	/	1619.24	*	365 / 4
=	293.07					/	1619.24	*	365 / 4
=	16.52

IRM Energy Days Payable Related Terms

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IRM Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » IRM Energy Ltd (BOM:544004) » Definitions » Days Payable

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IRMENERGY:India

Address

S.G. Highway, Corporate Park, Near Sola Bridge, 4th Floor, Block 8, Magnet, Thaltej, Ahmedabad, GJ, IND, 380054

Website

https://www.irmenergy.com

IRM Energy Ltd is a gas distribution company. It is involved in developing, operating, and expanding of local natural gas distribution network. IRM Energy is a value-driven energy enterprise serving industrial, commercial, domestic, and automobile customers.

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