American Electric Power Co (American Electric Power Co) Days Payable

: 98.68 (As of Dec. 2023)

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American Electric Power Co's average Accounts Payable for the three months ended in Dec. 2023 was $2,146 Mil. American Electric Power Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,984 Mil. Hence, American Electric Power Co's Days Payable for the three months ended in Dec. 2023 was 98.68.

The historical rank and industry rank for American Electric Power Co's Days Payable or its related term are showing as below:

AEP' s Days Payable Range Over the Past 10 Years
Min: 59.94 Med: 103.8 Max: 128.75
Current: 108.41

During the past 13 years, American Electric Power Co's highest Days Payable was 128.75. The lowest was 59.94. And the median was 103.80.

AEP's Days Payable is ranked better than
71.46% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.825 vs AEP: 108.41

American Electric Power Co's Days Payable declined from Dec. 2022 (99.11) to Dec. 2023 (98.68). It may suggest that American Electric Power Co accelerated paying its suppliers.

American Electric Power Co Days Payable Historical Data

The historical data trend for American Electric Power Co'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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American Electric Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

114.35

128.75

104.28

103.31

109.28

American Electric Power Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																99.11	111.38	121.60	102.82	98.68

Competitive Comparison

For the Utilities - Regulated Electric subindustry, American Electric Power Co'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.

American Electric Power Co Days Payable Distribution

For the Utilities - Regulated industry and Utilities sector, American Electric Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where American Electric Power Co's Days Payable falls into.

American Electric Power Co 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.

American Electric Power Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2670.8	+	2032.5)	/	2 )	/	7854.6	*	365
=	2351.65					/	7854.6	*	365
=	109.28

American Electric Power Co'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
=	( (2258.6	+	2032.5)	/	2 )	/	1984	*	365 / 4
=	2145.55					/	1984	*	365 / 4
=	98.68

American Electric Power Co Days Payable Related Terms

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American Electric Power Co (American Electric Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » American Electric Power Co Inc (NAS:AEP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AEP:Germany AEP:Germany AEP:Germany AEPC:Austria

Address

1 Riverside Plaza, Columbus, OH, USA, 43215-2373

Website

https://www.aep.com

American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.

Executives

Daniel G. Stoddard	director	5000 DOMINION BOULEVARD, GLEN ALLEN VA 23060
Kate Sturgess	officer: Controller, CAO	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Antonio P Smyth	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
David Matthew Feinberg	officer: Senior Vice President	C/O ALLEGHENY ENERGY, INC., 800 CABIN HILL DRIVE, GREENSBURG PA 15601
Christian T Beam	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Nicholas K Akins	officer: Executive Vice President	AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Ann P Kelly	officer: Executive Vice President & CFO	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Greg B Hall	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Peggy Simmons	officer: Executive Vice President	212 E 6TH ST, TULSA OK 74119
Raja Sundararajan	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Donna James	director	ONE MIRANOVA PLACE, SUITE 1040, COLUMBUS OH 43215
Therace Risch	officer: Senior Vice President	6501 LEGACY DRIVE, PLANO TX 75024
Charles E Zebula	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Lisa M Barton	officer: Executive Vice President	AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Paul Iii Chodak	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215