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Verbund AG (Verbund AG) Days Payable

: 44.09 (As of Dec. 2023)
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Verbund AG's average Accounts Payable for the three months ended in Dec. 2023 was $375 Mil. Verbund AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $776 Mil. Hence, Verbund AG's Days Payable for the three months ended in Dec. 2023 was 44.09.

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

OEZVY' s Days Payable Range Over the Past 10 Years
Min: 22.28   Med: 56.94   Max: 150.92
Current: 22.28

During the past 13 years, Verbund AG's highest Days Payable was 150.92. The lowest was 22.28. And the median was 56.94.

OEZVY's Days Payable is ranked worse than
85.19% of 385 companies
in the Utilities - Independent Power Producers industry
Industry Median: 81.19 vs OEZVY: 22.28

Verbund AG's Days Payable increased from Dec. 2022 (18.24) to Dec. 2023 (44.09). It may suggest that Verbund AG delayed paying its suppliers.


Verbund AG Days Payable Historical Data

The historical data trend for Verbund AG'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.

Verbund AG 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 72.66 143.62 83.84 29.61 23.13

Verbund AG 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 18.24 17.31 18.22 21.39 44.09

Competitive Comparison

For the Utilities - Renewable subindustry, Verbund AG'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.


Verbund AG Days Payable Distribution

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

* The bar in red indicates where Verbund AG's Days Payable falls into.



Verbund AG 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.

Verbund AG'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
=( (437.182 + 357.034) / 2 ) / 6265.237*365
=397.108 / 6265.237*365
=23.13

Verbund AG'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
=( (392.743 + 357.034) / 2 ) / 775.925*365 / 4
=374.8885 / 775.925*365 / 4
=44.09

* 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.


Verbund AG Days Payable Related Terms

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Verbund AG (Verbund AG) Business Description

Address
Am Hof 6a, Vienna, AUT, 1010
Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.

Verbund AG (Verbund AG) Headlines

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