Orient Green Power Co (NSE:GREENPOWER) Days Payable : 59.27 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Orient Green Power Co Days Payable?

Orient Green Power Co's average Accounts Payable for the three months ended in Mar. 2024 was ₹83 Mil. Orient Green Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹128 Mil. Hence, Orient Green Power Co's Days Payable for the three months ended in Mar. 2024 was 59.27.

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

NSE:GREENPOWER' s Days Payable Range Over the Past 10 Years
Min: 74.63 Med: 191.27 Max: 664.64
Current: 79.05

During the past 13 years, Orient Green Power Co's highest Days Payable was 664.64. The lowest was 74.63. And the median was 191.27.

NSE:GREENPOWER's Days Payable is ranked better than
51.17% of 385 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs NSE:GREENPOWER: 79.05

Orient Green Power Co's Days Payable declined from Mar. 2023 (77.15) to Mar. 2024 (59.27). It may suggest that Orient Green Power Co accelerated paying its suppliers.

Orient Green Power Co Days Payable Historical Data

The historical data trend for Orient Green 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.

* Premium members only.

Orient Green Power Co Days Payable Chart

Orient Green Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

192.72

172.73

141.47

110.41

74.63

Orient Green 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															77.15	95.03	84.25	87.57	59.27

Competitive Comparison of Orient Green Power Co's Days Payable

For the Utilities - Independent Power Producers subindustry, Orient Green 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.

Orient Green Power Co's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Orient Green Power Co's Days Payable distribution charts can be found below:

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

Orient Green 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.

Orient Green 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
=	( (123.1	+	83.2)	/	2 )	/	504.5	*	365
=	103.15					/	504.5	*	365
=	74.63

Orient Green 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	+	83.2)	/	1 )	/	128.1	*	365 / 4
=	83.2					/	128.1	*	365 / 4
=	59.27

Orient Green Power Co Days Payable Related Terms

Thank you for viewing the detailed overview of Orient Green Power Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Orient Green Power Co (NSE:GREENPOWER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Orient Green Power Co Ltd (NSE:GREENPOWER) » Definitions » Days Payable

Traded in Other Exchanges

533263:India

Address

No.10/1, Venkatanarayana Road, Bascon Futura SV, 4th Floor, T.Nagar, Chennai, TN, IND, 600017

Website

http://www.orientgreenpower.com

Orient Green Power Co Ltd is an India-based power-producing company, through renewable resources. It is mainly engaged in the development and operation of renewable energy power plants. It is focused on wind energy. The wind assets of the company represent approximately 425 MW of its overall portfolio. The group has operations in India and internationally of which key revenue is derived from India.

Orient Green Power Co (NSE:GREENPOWER) Headlines

No Headlines