Oriana Power (NSE:ORIANA) Days Payable : 59.57 (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Oriana Power Days Payable?

Oriana Power's average Accounts Payable for the six months ended in Mar. 2023 was ₹179 Mil. Oriana Power's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹1,097 Mil. Hence, Oriana Power's Days Payable for the six months ended in Mar. 2023 was 29.79.

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

NSE:ORIANA' s Days Payable Range Over the Past 10 Years
Min: 57.65 Med: 59.57 Max: 149.37
Current: 59.57

During the past 3 years, Oriana Power's highest Days Payable was 149.37. The lowest was 57.65. And the median was 59.57.

NSE:ORIANA's Days Payable is ranked worse than
58.57% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.95 vs NSE:ORIANA: 59.57

Oriana Power's Days Payable declined from Mar. 2021 (149.37) to Mar. 2023 (59.57). It may suggest that Oriana Power accelerated paying its suppliers.

Oriana Power Days Payable Historical Data

The historical data trend for Oriana Power'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.

Oriana Power Days Payable Chart

Oriana Power Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

149.37

57.65

59.57

Oriana Power Semi-Annual Data
	Mar21	Mar22	Mar23
Days Payable	149.37	57.65	59.57

Competitive Comparison of Oriana Power's Days Payable

For the Utilities - Renewable subindustry, Oriana Power'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.

Oriana Power's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Oriana Power's Days Payable falls into.

Oriana Power 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.

Oriana Power's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (234.988	+	123.024)	/	2 )	/	1096.749	*	365
=	179.006					/	1096.749	*	365
=	59.57

Oriana Power's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (234.988	+	123.024)	/	2 )	/	1096.749	*	365 / 2
=	179.006					/	1096.749	*	365 / 2
=	29.79

Oriana Power Days Payable Related Terms

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

Oriana Power (NSE:ORIANA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Oriana Power Ltd (NSE:ORIANA) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

First Floor C-103 Sector-2, Noida Gautam Buddha Nagar, Noida, Ghaziabad, UP, IND, 201301

Website

https://www.orianapower.com

Oriana Power Ltd is a company that specializes in providing solar energy solutions to industrial and commercial customers. It offers low-carbon energy solutions by installing on-site solar projects such as rooftop and ground-mounted systems, as well as off-site solar farms i.e. Open access. Its business operations are primarily divided into two segments: Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). Under the CAPEX model, it offers Engineering, Procurement, construction, and operation of solar projects. Under CAPEX Model it has delivered projects with a capacity exceeding 100 MWp across various locations across India.

Oriana Power (NSE:ORIANA) Headlines

No Headlines