Premier Energies (NSE:PREMIERENE) Days Payable : 84.60 (As of Dec. 2024)

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What is Premier Energies Days Payable?

Premier Energies's average Accounts Payable for the three months ended in Dec. 2024 was ₹9,892 Mil. Premier Energies's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹10,670 Mil. Hence, Premier Energies's Days Payable for the three months ended in Dec. 2024 was 84.60.

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

NSE:PREMIERENE' s Days Payable Range Over the Past 10 Years
Min: 78.61 Med: 101.88 Max: 124.46
Current: 78.61

During the past 4 years, Premier Energies's highest Days Payable was 124.46. The lowest was 78.61. And the median was 101.88.

NSE:PREMIERENE's Days Payable is ranked better than
69.92% of 984 companies
in the Semiconductors industry
Industry Median: 52.28 vs NSE:PREMIERENE: 78.61

Premier Energies's Days Payable declined from Dec. 2023 (87.10) to Dec. 2024 (84.60). It may suggest that Premier Energies accelerated paying its suppliers.

Premier Energies Days Payable Historical Data

The historical data trend for Premier Energies'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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Premier Energies Days Payable Chart

Premier Energies Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

101.87

124.46

98.78

101.89

Premier Energies Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial					87.10	74.09	78.93	99.73	84.60

Competitive Comparison of Premier Energies's Days Payable

For the Solar subindustry, Premier Energies'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.

Premier Energies's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Premier Energies's Days Payable distribution charts can be found below:

* The bar in red indicates where Premier Energies's Days Payable falls into.

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Premier Energies 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.

Premier Energies'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
=	( (3979.15	+	9745.58)	/	2 )	/	24583.02	*	365
=	6862.365					/	24583.02	*	365
=	101.89

Premier Energies's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (9892.05	+	0)	/	1 )	/	10670.09	*	365 / 4
=	9892.05					/	10670.09	*	365 / 4
=	84.60

Premier Energies Days Payable Related Terms

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Premier Energies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Premier Energies Ltd (NSE:PREMIERENE) » Definitions » Days Payable

Traded in Other Exchanges

544238:India

Address

Sy. No. 83/1, Hyderabad Knowledge City, 8th Floor, Orbit Tower 1, TSIIC, Raidurgam, Hyderabad, TG, IND, 500081

Website

https://www.premierenergies.com

Premier Energies Ltd is an integrated manufacturer of solar cells and solar modules. The company primarily engages in the manufacturing and trading of solar modules, solar cells, and solar accessories. The majority of the company's revenue comes from the sale of these products and silicon wafers. Additionally, the company earns revenue from the sale of manufactured solar modules and from construction and project-related activities. Geographically the company generates almost all of its revenue within India.

Premier Energies Headlines

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