Azure Power Global Limited Accounts Payables 2011-2025 | AZRE

Accounts payable — are the obligations of an organization to other legal entities or individuals that arise in cases when the company has acquired goods or services on deferred payment terms, has not paid taxes and fees, has wage arrears to employees, or has received loans and other liabilities. Accounts payable arise when an organization has already received some benefit but has not yet paid for it.

Main types of accounts payable

Type of liability	Example
To suppliers and contractors	Goods received but not yet paid for
Taxes and fees	VAT, income tax, etc., not paid on time
Salaries	Employee wages not paid
To budgets	Insurance contributions to funds not paid
To founders	Founders provided borrowed funds
To banks	Overdue loan payments
Other	Fines, penalties, forfeits, customer prepayments, etc.

Impact on the company's financial performance

Liquidity and solvency
Accounts payable are part of short-term liabilities, so they affect liquidity ratios
Financial stability
The higher the share of borrowed funds (including accounts payable), the lower the company's level of independence
Capital turnover
Moderate accounts payable can positively affect working capital by allowing the company to use “free” financing from suppliers (payment deferrals)
Risks and reputation
Large and especially overdue accounts payable may indicate financial difficulties. This can deter investors, partners, and lenders, and at a critical level of debt and lack of resources to repay it, bankruptcy proceedings may be initiated

Annual Accounts Payables Azure Power Global Limited

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
1.5 B	3.57 B	4.29 B	1.8 B	3.48 B	1.52 B	3.62 B	-	-	-	-	-	-

All numbers in INR currency

Indicator range from annual reports

Maximum	Minimum	Average
4.29 B	1.5 B	2.83 B

Quarterly Accounts Payables Azure Power Global Limited

2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
1.5 B	-	-	-	3.57 B	-	-	-	4.29 B	-	-	-	1.8 B	-	-	-	3.48 B	-	-	-	1.52 B	-	-	-	3.62 B	-	-	-	1.9 B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in INR currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
4.29 B	1.5 B	2.71 B

Accounts Payables of other stocks in the Utilities industry

Issuer	Accounts Payables	Price	% 24h	Market Cap	Country
Black Hills Corporation BKH	229 M	$ 71.97	-0.87 %	$ 5.02 B	USA
Exelon Corporation EXC	3.56 B	$ 43.91	0.78 %	$ 44 B	USA
Dominion Energy DCUE	1.15 B	-	-0.76 %	$ 67.9 B	USA
Clearway Energy CWEN	130 M	$ 32.76	1.05 %	$ 6.62 B	USA
ALLETE ALE	114 M	$ 67.9	-	$ 3.92 B	USA
Algonquin Power & Utilities Corp. AQN	164 M	$ 5.95	0.85 %	$ 4.35 B	Canada
Entergy Corporation ETR	1.93 B	$ 93.62	1.38 %	$ 40 B	USA
China Recycling Energy Corporation CREG	68 K	$ 1.11	-4.31 %	$ 9.5 M	China
The AES Corporation AES	2.2 B	$ 13.86	0.22 %	$ 9.27 B	USA
Dominion Energy D	1.15 B	$ 59.61	0.48 %	$ 50 B	USA
Avista Corporation AVA	125 M	$ 38.87	0.76 %	$ 3.06 B	USA
FirstEnergy Corp. FE	1.58 B	$ 44.55	0.68 %	$ 25.6 B	USA
MGE Energy MGEE	77.5 M	$ 81.46	1.58 %	$ 2.95 B	USA
Otter Tail Corporation OTTR	114 M	$ 84.5	0.52 %	$ 3.53 B	USA
NorthWestern Corporation NWE	201 M	$ 66.64	-0.8 %	$ 3.89 B	USA
NRG Energy NRG	2.51 B	$ 159.88	-0.95 %	$ 32.9 B	USA
Dyne Therapeutics DYN	6.56 M	$ 19.56	1.5 %	$ 2 B	USA
Public Service Enterprise Group Incorporated PEG	1.14 B	$ 80.45	1.96 %	$ 40.1 B	USA
Orbital Energy Group OEG	10.1 M	-	2.29 %	$ 53.4 M	USA
Ormat Technologies ORA	125 M	$ 113.79	0.37 %	$ 6.88 B	USA
Sempra Energy SRE	2.24 B	$ 88.6	0.09 %	$ 56.2 B	USA
South Jersey Industries SJI	330 M	-	-	$ 4.42 B	USA
Unitil Corporation UTL	49.7 M	$ 49.68	1.39 %	$ 800 M	USA
Vistra Corp. VST	1.56 B	$ 167.91	-1.31 %	$ 70.9 B	USA