National Grid (National Grid) Days Payable

: 0.00 (As of Sep. 2023)

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National Grid's average Accounts Payable for the six months ended in Sep. 2023 was $4,734 Mil. National Grid's Cost of Goods Sold for the six months ended in Sep. 2023 was $0 Mil.

The historical rank and industry rank for National Grid's Days Payable or its related term are showing as below:

NGG' s Days Payable Range Over the Past 10 Years
Min: 134.65 Med: 249.69 Max: 333.11
Current: 134.65

During the past 13 years, National Grid's highest Days Payable was 333.11. The lowest was 134.65. And the median was 249.69.

NGG's Days Payable is ranked better than
76.52% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.825 vs NGG: 134.65

National Grid's Days Payable stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

National Grid Days Payable Historical Data

The historical data trend for National Grid'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.

National Grid Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

340.00

281.14

177.25

161.37

140.29

National Grid Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable																-	-	-	-	-

Competitive Comparison

For the Utilities - Regulated Electric subindustry, National Grid'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.

National Grid Days Payable Distribution

For the Utilities - Regulated industry and Utilities sector, National Grid's Days Payable distribution charts can be found below:

* The bar in red indicates where National Grid's Days Payable falls into.

National Grid 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.

National Grid's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (4101.449	+	3942.961)	/	2 )	/	10464.806	*	365
=	4022.205					/	10464.806	*	365
=	140.29

National Grid'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: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (3942.961	+	5525.99)	/	2 )	/	0	*	365 / 2
=	4734.4755					/	0	*	365 / 2
=	N/A

National Grid Days Payable Related Terms

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National Grid (National Grid) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » National Grid PLC (NYSE:NGG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NGGTF:USA NGl:UK NG.:UK NNGF:Germany NNGF:Germany NNGF:Germany NNGD:Germany N1GG34:Brazil NGG:Argentina

Address

1-3 Strand, London, GBR, WC2N 5EH

Website

https://www.nationalgrid.com

National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.