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Northwest Natural Holding Co (Northwest Natural Holding Co) Days Payable

: 48.33 (As of Dec. 2023)
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Northwest Natural Holding Co's average Accounts Payable for the three months ended in Dec. 2023 was $122 Mil. Northwest Natural Holding Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $231 Mil. Hence, Northwest Natural Holding Co's Days Payable for the three months ended in Dec. 2023 was 48.33.

The historical rank and industry rank for Northwest Natural Holding Co's Days Payable or its related term are showing as below:

NWN' s Days Payable Range Over the Past 10 Years
Min: 56.63   Med: 77.37   Max: 93.62
Current: 56.63

During the past 13 years, Northwest Natural Holding Co's highest Days Payable was 93.62. The lowest was 56.63. And the median was 77.37.

NWN's Days Payable is ranked worse than
58.99% of 495 companies
in the Utilities - Regulated industry
Industry Median: 66.78 vs NWN: 56.63

Northwest Natural Holding Co's Days Payable declined from Dec. 2022 (55.16) to Dec. 2023 (48.33). It may suggest that Northwest Natural Holding Co accelerated paying its suppliers.


Northwest Natural Holding Co Days Payable Historical Data

The historical data trend for Northwest Natural Holding 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.

* Premium members only.

Northwest Natural Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.28 81.51 79.51 82.36 72.36

Northwest Natural Holding 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.16 44.89 54.34 78.78 48.33

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Northwest Natural Holding 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.


Northwest Natural Holding Co Days Payable Distribution

For the Utilities - Regulated industry and Utilities sector, Northwest Natural Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Northwest Natural Holding Co's Days Payable falls into.



Northwest Natural Holding 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.

Northwest Natural Holding 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
=( (180.667 + 145.361) / 2 ) / 822.274*365
=163.014 / 822.274*365
=72.36

Northwest Natural Holding 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
=( (99.326 + 145.361) / 2 ) / 231.002*365 / 4
=122.3435 / 231.002*365 / 4
=48.33

* 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.


Northwest Natural Holding Co Days Payable Related Terms

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Northwest Natural Holding Co (Northwest Natural Holding Co) Business Description

Traded in Other Exchanges
Address
250 S.W. Taylor Street, Portland, OR, USA, 97204
Northwest Natural Holding Co is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through approximately 7,95,000 meters in Oregon and southwest Washington. The company generates its revenue from residential, commercial, and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.
Executives
Jane L Peverett director 1489 MARINE DRIVE, SUITE 802, WEST VANCOUVER A1 V7T 1B8
David A. Weber officer: Pres. & CEO of Issuer's Sub. 250 SW TAYLOR ST, PORTLAND OR 97204
Joseph S Karney officer: VP, Eng & Utility Operations, other: NW Natural 250 SW TAYLOR ST, PORTLAND OR 97204
David Hugo Anderson director, officer: President & CEO
Jon G Huddleston officer: VP, Eng. & Utility Operations 250 SW TAYLOR ST, PORTLAND OR 97204
Zachary D Kravitz officer: VP, Rates & Regulatory, other: NW Natural 250 SW TAYLOR ST, PORTLAND OR 97204
Sandra Mcdonough director 250 SW TAYLOR ST, PORTLAND OR 97204
James R Downing officer: VP and CIO 250 SW TAYLOR ST, PORTLAND OR 97204
Malia H Wasson director 220 NW SECOND AVE, PORTLAND OR 97209
Kimberly A. Heiting officer: SVP Comm. & Chf. Mktg. Officer 250 SW TAYLOR ST, PORTLAND OR 97204
Shawn M Filippi officer: VP, CCO & Corp. Secretary 250 SW TAYLOR ST, PORTLAND OR 97204
C Scott Gibson director PMB 316, PO BOX 30,000, JACKSON WY 83002
Karen Lee director 250 SW TAYLOR ST, PORTLAND OR 97204
Nathan I Partain director DNP SELECT INCOME FUND INC, 55 E. MONROE, STE. 3600, CHICAGO IL 60603
Justin Palfreyman officer: VP Strategy & Bus Dev 250 SW TAYLOR ST, PORTLAND OR 97204