WGL Holdings (WGL Holdings) Days Payable : 51.90 (As of Mar. 2018)

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What is WGL Holdings Days Payable?

WGL Holdings's average Accounts Payable for the three months ended in Mar. 2018 was $339 Mil. WGL Holdings's Cost of Goods Sold for the three months ended in Mar. 2018 was $597 Mil. Hence, WGL Holdings's Days Payable for the three months ended in Mar. 2018 was 51.90.

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

WGL's Days Payable is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 66.385
* Ranked among companies with meaningful Days Payable only.

WGL Holdings's Days Payable declined from Mar. 2017 (60.82) to Mar. 2018 (51.90). It may suggest that WGL Holdings accelerated paying its suppliers.

WGL Holdings Days Payable Historical Data

The historical data trend for WGL Holdings'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.

WGL Holdings Days Payable Chart

WGL Holdings Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Days Payable

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38.49

38.92

47.76

64.99

76.40

WGL Holdings Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Days Payable	Get a 7-Day Free Trial															60.82	80.47	91.91	75.56	51.90

Competitive Comparison of WGL Holdings's Days Payable

For the Utilities - Regulated Gas subindustry, WGL Holdings'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.

WGL Holdings's Days Payable Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where WGL Holdings's Days Payable falls into.

WGL Holdings 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.

WGL Holdings's Days Payable for the fiscal year that ended in Sep. 2017 is calculated as

	Days Payable (A: Sep. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2016 )	+	Accounts Payable (A: Sep. 2017 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2017 )	*	Days in Period
=	( (353	+	361.6)	/	2 )	/	1707.045	*	365
=	357.3					/	1707.045	*	365
=	76.40

WGL Holdings's Days Payable for the quarter that ended in Mar. 2018 is calculated as:

	Days Payable (Q: Mar. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2017 )	+	Accounts Payable (Q: Mar. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2018 )	*	Days in Period
=	( (383.7	+	294.8)	/	2 )	/	596.517	*	365 / 4
=	339.25					/	596.517	*	365 / 4
=	51.90

WGL Holdings Days Payable Related Terms

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WGL Holdings (WGL Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » WGL Holdings Inc (NYSE:WGL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.wglholdings.com

WGL Holdings' primary operating segment, Washington Gas Light, is a regulated gas distribution utility. This segment serves about 1.1 million customers in Maryland, Virginia, and the Washington, D.C., metro area. The nonregulated energy marketing segment buys and resells natural gas and electricity in competitive markets, in addition to designing, building, and operating energy systems including solar installations. WGL is signed on to some sizable midstream pipeline projects and angles to expand this business around its utility footprint.

Executives

Karen Hardwick	officer: Senior Vice President and GC	1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Dorothy Ramsey	officer: Vice President	1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Linda R Gooden	director	LOCKHEED MARTIN CORPORATION, 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Leslie T Thornton	officer: Senior VP, GC and Corp. Sec.	3921 COURTLAND CIRCLE, ALEXANDRIA VA 22305
David M Harris	director	101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Debra L Lee	director	C/O BLACK ENTERTAINMENT, 1 BET PLZ. 1900W PLACE N.W., WASHINGTON DC 20018
Terry D Mccallister	director, officer: Chairman and CEO	1100 H ST NW, WASHINGTON DC 20080
James F Lafond	director	4401 GULF SHORE BLVD NORTH, UNIT 103, NAPLES FL 34103
Clancy George Patrick Jr	director	1100 H ST NW, WASHINGTON DC 20080
Stephen C Beasley	director	THE WILLIAMS COMPANIES, ONCE WILLIAMS CENTER, SUITE 4700, TULSA OK 77002
Diane J Hoskins	director	101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Karen Hastie Williams	director	GANNETT CO INC, 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Degraffenreidt James H Jr	other: Former Chairman and CEO	1100 H ST NW, WASHINGTON DC 20080
Philip A Odeen	director	N/A, N/A OH 45202