ReNew Energy Global (STU:7JU) Days Payable : 689.54 (As of Dec. 2023)

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What is ReNew Energy Global Days Payable?

ReNew Energy Global's average Accounts Payable for the three months ended in Dec. 2023 was €84.2 Mil. ReNew Energy Global's Cost of Goods Sold for the three months ended in Dec. 2023 was €11.1 Mil. Hence, ReNew Energy Global's Days Payable for the three months ended in Dec. 2023 was 689.54.

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

STU:7JU' s Days Payable Range Over the Past 10 Years
Min: 264.64 Med: 2761.69 Max: 5071.25
Current: 264.64

During the past 5 years, ReNew Energy Global's highest Days Payable was 5071.25. The lowest was 264.64. And the median was 2761.69.

STU:7JU's Days Payable is ranked better than
78.41% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.06 vs STU:7JU: 264.64

ReNew Energy Global's Days Payable declined from Dec. 2022 (94,203.80) to Dec. 2023 (689.54). It may suggest that ReNew Energy Global accelerated paying its suppliers.

ReNew Energy Global Days Payable Historical Data

The historical data trend for ReNew Energy Global'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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ReNew Energy Global Days Payable Chart

ReNew Energy Global Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

2,570.88

3,073.23

4,928.97

314.99

ReNew Energy Global Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											94,203.80	85.25	1,075.90	555.60	689.54

Competitive Comparison of ReNew Energy Global's Days Payable

For the Utilities - Renewable subindustry, ReNew Energy Global'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.

ReNew Energy Global's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

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

ReNew Energy Global 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.

ReNew Energy Global'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
=	( (66.846	+	69.46)	/	2 )	/	78.974	*	365
=	68.153					/	78.974	*	365
=	314.99

ReNew Energy Global's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (80.593	+	87.874)	/	2 )	/	11.147	*	365 / 4
=	84.2335					/	11.147	*	365 / 4
=	689.54

ReNew Energy Global Days Payable Related Terms

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ReNew Energy Global (STU:7JU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ReNew Energy Global PLC (STU:7JU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RNW:USA 7JU:Germany

Address

C/o Vistra (UK) Ltd., 4th Floor 11-12 St. James’ Square, London, GBR, SW1Y 4LB

Website

https://www.renewpower.in

ReNew Energy Global PLC is a Developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The Company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change.

ReNew Energy Global (STU:7JU) Headlines

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