MPower Group (ASX:MPR) Days Payable : 532.13 (As of Dec. 2023)

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What is MPower Group Days Payable?

MPower Group's average Accounts Payable for the six months ended in Dec. 2023 was A$1.89 Mil. MPower Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.65 Mil. Hence, MPower Group's Days Payable for the six months ended in Dec. 2023 was 532.13.

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

ASX:MPR' s Days Payable Range Over the Past 10 Years
Min: 46.4 Med: 67.44 Max: 509.6
Current: 509.6

During the past 13 years, MPower Group's highest Days Payable was 509.60. The lowest was 46.40. And the median was 67.44.

ASX:MPR's Days Payable is ranked better than
97.31% of 965 companies
in the Semiconductors industry
Industry Median: 51.92 vs ASX:MPR: 509.60

MPower Group's Days Payable increased from Dec. 2022 (311.48) to Dec. 2023 (532.13). It may suggest that MPower Group delayed paying its suppliers.

MPower Group Days Payable Historical Data

The historical data trend for MPower Group'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.

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MPower Group Days Payable Chart

MPower Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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64.68

332.46

46.40

99.50

133.46

MPower Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															190.67	107.19	311.48	350.17	532.13

Competitive Comparison of MPower Group's Days Payable

For the Solar subindustry, MPower Group'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.

MPower Group's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, MPower Group's Days Payable distribution charts can be found below:

* The bar in red indicates where MPower Group's Days Payable falls into.

MPower Group 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.

MPower Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.403	+	0.778)	/	2 )	/	1.615	*	365
=	0.5905					/	1.615	*	365
=	133.46

MPower Group'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.778	+	2.995)	/	2 )	/	0.647	*	365 / 2
=	1.8865					/	0.647	*	365 / 2
=	532.13

MPower Group Days Payable Related Terms

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MPower Group (ASX:MPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MPower Group Ltd (ASX:MPR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Bourke Road, Level 4, Mascot, Sydney, NSW, AUS, 2020

Website

https://www.mpower.com.au

MPower Group Ltd is a technology company. The company is a specialist renewable energy and battery storage developer and owner. It specializes in the delivery of on-grid and off-grid power solutions and products for blue-chip customers. The company's operating segment includes Energy services and energy investments. It generates maximum revenue from the energy services segment. Geographically, it derives its revenue from Australia. The company's projects include Solar Farms, Battery Energy Storage Systems, Hybrid Power Systems, and Backup Power Systems.

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