Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Days Payable : 44.20 (As of Sep. 2023)

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What is Centrais Eletricas Brasileiras Days Payable?

Centrais Eletricas Brasileiras's average Accounts Payable for the three months ended in Sep. 2023 was $463 Mil. Centrais Eletricas Brasileiras's Cost of Goods Sold for the three months ended in Sep. 2023 was $955 Mil. Hence, Centrais Eletricas Brasileiras's Days Payable for the three months ended in Sep. 2023 was 44.20.

The historical rank and industry rank for Centrais Eletricas Brasileiras's Days Payable or its related term are showing as below:

EBR' s Days Payable Range Over the Past 10 Years
Min: 170.23 Med: 395.89 Max: 775.66
Current: 229.55

During the past 13 years, Centrais Eletricas Brasileiras's highest Days Payable was 775.66. The lowest was 170.23. And the median was 395.89.

EBR's Days Payable is ranked better than
75.32% of 385 companies
in the Utilities - Independent Power Producers industry
Industry Median: 81.19 vs EBR: 229.55

Centrais Eletricas Brasileiras's Days Payable declined from Sep. 2022 (55.40) to Sep. 2023 (44.20). It may suggest that Centrais Eletricas Brasileiras accelerated paying its suppliers.

Centrais Eletricas Brasileiras Days Payable Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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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Centrais Eletricas Brasileiras Days Payable Chart

Centrais Eletricas Brasileiras Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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516.45

178.99

862.60

803.77

634.88

Centrais Eletricas Brasileiras Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															55.40	-	67.61	44.57	44.20

Competitive Comparison of Centrais Eletricas Brasileiras's Days Payable

For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Centrais Eletricas Brasileiras's Days Payable distribution charts can be found below:

* The bar in red indicates where Centrais Eletricas Brasileiras's Days Payable falls into.

Centrais Eletricas Brasileiras 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.

Centrais Eletricas Brasileiras's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (712.927	+	670.525)	/	2 )	/	397.681	*	365
=	691.726					/	397.681	*	365
=	634.88

Centrais Eletricas Brasileiras's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (416.136	+	508.927)	/	2 )	/	954.974	*	365 / 4
=	462.5315					/	954.974	*	365 / 4
=	44.20

Centrais Eletricas Brasileiras Days Payable Related Terms

Thank you for viewing the detailed overview of Centrais Eletricas Brasileiras's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Centrais Eletricas Brasileiras SA (NYSE:EBR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EBR.B:USA XELTO:Spain XELTB:Spain L3XB:Germany ELET6:Brazil ELET5:Brazil ELET3:Brazil EBR:Argentina

Address

Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005

Website

https://www.eletrobras.com

Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Headlines

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