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The historical rank and industry rank for Azure Power Global's Days Sales Outstanding or its related term are showing as below:
AZREF's Days Sales Outstanding is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 63.99 * Ranked among companies with meaningful Days Sales Outstanding only.
Azure Power Global's Days Sales Outstanding
declined
from Mar. 2022 (110.99) to Mar. 2024 (88.98).
Azure Power Global (OTCPK:AZREF) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Azure Power Global Days Sales Outstanding Related Terms
Azure Power Global Days Sales Outstanding Historical Data
* Premium members only.
The historical data trend for Azure Power Global's Days Sales Outstanding 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.
AZREF vs SAFX, VGAS, STEM: Days Sales Outstanding Comparison
For the Utilities - Renewable subindustry, Azure Power Global's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.
Azure Power Global Days Sales Outstanding vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Azure Power Global's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Azure Power Global's Days Sales Outstanding falls into.
Azure Power Global Days Sales Outstanding Calculation
Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.
* 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.
Azure Power Global (AZREF) has a Days Sales Outstanding of 88.98 as of Mar. 2024. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Azure Power Global and its competitors.
Is Azure Power Global's Days Sales Outstanding too high?
Azure Power Global's current Days Sales Outstanding is 88.98. The Utilities - Independent Power Producers industry median Days Sales Outstanding is 63.99. Azure Power Global's value of 88.98 is 39.1% above this industry median. Overall, Azure Power Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Azure Power Global's Days Sales Outstanding compare to SAFX and VGAS?
Azure Power Global's Days Sales Outstanding of 88.98 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Days Sales Outstanding is 63.99. Azure Power Global's value of 88.98 is 39.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for an Utilities - Independent Power Producers company?
The median Days Sales Outstanding among Utilities - Independent Power Producers companies is 63.99, based on 413 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Azure Power Global's current Days Sales Outstanding of 88.98 is 39.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Azure Power Global and its competitors. For the Utilities - Independent Power Producers industry, the median Days Sales Outstanding is 63.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azure Power Global's current Days Sales Outstanding is 88.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azure Power Global stock overvalued right now?
Azure Power Global (AZREF) has a current Days Sales Outstanding of 88.98. The current Days Sales Outstanding is 88.98 and 39.1% above the Utilities - Independent Power Producers industry median of 63.99. Azure Power Global's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Azure Power Global (AZREF), the current Days Sales Outstanding is 88.98 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Azure Power Global Ltd is a utility-scale renewable energy project developer and operator. It is engaged in the development, construction, ownership, operation, maintenance, and management of renewable energy assets based on long-term contracts (Power Purchase Agreements or PPA) with Indian Government energy distribution companies, as well as other Indian non-governmental energy distribution companies and commercial customers.
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