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RWE AG (RWE AG) Days Payable

: 166.97 (As of Dec. 2023)
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RWE AG's average Accounts Payable for the three months ended in Dec. 2023 was $6,769 Mil. RWE AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,699 Mil. Hence, RWE AG's Days Payable for the three months ended in Dec. 2023 was 166.97.

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

RWEOY' s Days Payable Range Over the Past 10 Years
Min: 63.02   Med: 82.25   Max: 182.85
Current: 117.33

During the past 13 years, RWE AG's highest Days Payable was 182.85. The lowest was 63.02. And the median was 82.25.

RWEOY's Days Payable is ranked better than
74.34% of 495 companies
in the Utilities - Regulated industry
Industry Median: 66.78 vs RWEOY: 117.33

RWE AG's Days Payable increased from Dec. 2022 (159.22) to Dec. 2023 (166.97). It may suggest that RWE AG delayed paying its suppliers.

RWE AG Days Payable Historical Data

The historical data trend for RWE 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.

RWE 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 105.31 91.35 70.06 70.23 110.19

RWE 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 159.22 66.10 185.10 140.66 166.97
Competitive Comparison

For the Utilities - Diversified subindustry, RWE 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.

RWE AG Days Payable Distribution

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

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


RWE 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.

RWE 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
=( (7906.78 + 5576.881) / 2 ) / 22332.606*365
=6741.8305 / 22332.606*365
=110.19

RWE 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
=( (7960.512 + 5576.881) / 2 ) / 3699.019*365 / 4
=6768.6965 / 3699.019*365 / 4
=166.97

* 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.

RWE AG Days Payable Related Terms

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RWE AG (RWE AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » RWE AG (OTCPK:RWEOY) » Definitions » Days Payable
Comparable Companies
XTER:EBK XTER:EOAN FRA:LEC FRA:WWG XTER:MVV1 ADX:TAQA XMAD:IBE MIL:ENEL SAU:2082 SRE XPAR:ENGI DFM:DEWA LSE:SSE XLIS:EDP TSX:BIP.UN AES TSE:9502 XKLS:6742 XKLS:4677 BSP:CMIG3
Traded in Other Exchanges
RWNFF:USA RWE:Mexico RWE:Italy RWEd:UK 0HA0:UK RWE:Germany RWEA:Germany RWE:Germany RWE:Germany RWEA:Germany RWE:Germany RWE:Czech Republic RWE:Austria
Address
RWE Platz 1, Essen, NW, DEU, 45141
Website
https://www.rwe.com
Since the deal with E.On, RWE is refocused on power generation, mostly in Europe. It owns 38 gigawatts of power generation capacity: 28% from lignite and hard coal plants, 37% from gas plants, 40% from renewables including pumped storage and batteries. Besides Germany, RWE's power plants are chiefly located in the United Kingdom, the Netherlands, Turkey, and the United States for many onshore wind farms.