Azure Power Global Limited (AZRE) Inventory Turnover Ratio, from fourth quarter 2023 to fourth quarter 2022, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Azure Power Global Limited  (NYSE: AZRE)
    Sector • Utilities    Industry • Electric Utilities
   Industry • Electric Utilities
   Sector • Utilities
 

Azure Power Global Limited Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Azure Power Global Limited's inventory turnover ratio, the ratio that measures Azure Power Global Limited's ability to manage its supply chain, sequentially decreased to 111 in the fourth quarter 2023, which does not come as a surprise, as the Azure Power Global Limited continue to experience headwinds, which also impact its supply chain. Average processing period, for Azure Power Global Limited's inventories remained unchanged at 3 days, in the Mar 31 2023 quarter.

Within Utilities sector 5 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 0 in the third quarter 2023, to 51.

AZRE Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Azure Power Global Limited Market Share?

What is Inventory Turnover Ratio?



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AZRE Inventory Turnover Ratio (Mar 31 2023)
IV. Quarter		 0
III. Quarter		 0
II. Quarter		 0
I. Quarter		 (Mar 31 2022)
IV. Quarter
Y / Y Inventory Growth - - - - -
Y / Y Cost of Sales Growth 5.71 % - - - 22.09 %
Inventory Turnover Ratio (TTM) 111 - - - -
AZRE's Total Ranking # 51 # 0 # 0 # 0 # 0
Average inventory processing period 3 - - - -
Seq. Inventory Growth 0 % 0 % 0 % - -
Seq. Cost of Sales Growth - - - - -




Inventory Turnover Ratio Company Ranking
Within: No.
Electric Utilities Industry # 2
Utilities Sector # 6
Overall Market # 51

Inventory Turnover Ratio Statistics
High Average Low
111 111 111
(Mar 31 2023)  



AZRE Company Profile >> Back to AZRE Efficiency Comparisons >> Compare AZRE Inventory Turnover Ratio to its Competitors

Financial Statements
Azure Power Global Limited's Inventories $ 0 Millions Visit AZRE's Balance sheet
Azure Power Global Limited's Cost of Revenues TTM $ 22 Millions Visit AZRE's Income Statement
What are AZRE's Sales? Visit AZRE's Sales by Segment

Other Inventory Turnover Ratios
Azure Power Global Limited's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Electric Utilities Industry Inventory Turnover Trends and Statistics
Utilities Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
AZRE's Inventory Turnover Ratio versus Electric Utilities Industry, Utilities Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for AZRE's Competitors
Inventory Turnover Ratio for AZRE's Suppliers
Inventory Turnover Ratio for AZRE's Customers

You may also want to know
AZRE's Sales Growth Rates AZRE's Pe Price to earnings ratio AZRE's Receivables Turnover Ratio AZRE's Stock Quote
AZRE's Net Income Growth Rates AZRE's Ps Price to Sales ratio AZRE's Sales per Employee AZRE's Asset Turnover Ratio
AZRE's Net Margin AZRE's Pb Price to Book ratio AZRE's Financial Strength Ratios AZRE's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2023, within Utilities Sector Inventory Turnover Ratio Cost of revenues at quarter ending Mar 31 2023 Inventories at quarter ending Mar 31 2023
Dcp Midstream Lp  160.74 $ 10,609.000  Millions$ 66  Millions
Pg and e Corp  136.63 $ 9,598.000  Millions$ 70  Millions
Via Renewables Inc   128.58 $ 405.830  Millions$ 3  Millions
Azure Power Global Limited  111.00 $ 22.200  Millions$ 0  Millions
Plains All American Pipeline Lp  89.05 $ 51,714.000  Millions$ 581  Millions
Plains Gp Holdings Lp  89.05 $ 51,714.000  Millions$ 581  Millions
Pinnacle West Capital Corporation  63.72 $ 2,590.783  Millions$ 41  Millions
Cheniere Energy Partners L p   53.44 $ 9,633.000  Millions$ 180  Millions
Targa Resources Corp   51.32 $ 15,697.000  Millions$ 306  Millions
Idacorp Inc   45.30 $ 574.592  Millions$ 13  Millions
Nrg Energy Inc  43.94 $ 31,294.000  Millions$ 712  Millions
Transmontaigne Partners llc  35.96 $ 337.175  Millions$ 9  Millions
Oneok Inc   33.97 $ 16,890.918  Millions$ 497  Millions
Crestwood Equity Partners Lp  33.64 $ 4,630.100  Millions$ 138  Millions
Exelon Corporation  32.92 $ 6,362.000  Millions$ 193  Millions
Energy Transfer Lp  30.69 $ 70,704.000  Millions$ 2,304  Millions
Ngl Energy Partners Lp  29.43 $ 7,650.024  Millions$ 260  Millions
Dpl Llc  27.18 $ 645.500  Millions$ 24  Millions
Cheniere Energy Inc   25.06 $ 19,835.000  Millions$ 792  Millions
Nustar Energy L p   24.13 $ 367.749  Millions$ 15  Millions

Date modified: 2026-09-08T15:11:13+00:00




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