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Aggreko (LSE:AGK) Days Payable : 159.92 (As of Dec. 2020)


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What is Aggreko Days Payable?

Aggreko's average Accounts Payable for the six months ended in Dec. 2020 was £259 Mil. Aggreko's Cost of Goods Sold for the six months ended in Dec. 2020 was £295 Mil. Hence, Aggreko's Days Payable for the six months ended in Dec. 2020 was 159.92.

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

LSE:AGK's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 47.92
* Ranked among companies with meaningful Days Payable only.

Aggreko's Days Payable increased from Dec. 2019 (131.41) to Dec. 2020 (159.92). It may suggest that Aggreko delayed paying its suppliers.


Aggreko Days Payable Historical Data

The historical data trend for Aggreko'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.

Aggreko Days Payable Chart

Aggreko Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.39 57.80 65.12 68.86 53.87

Aggreko Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
Days Payable Get a 7-Day Free Trial 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 108.42 128.02 131.41 126.24 159.92

Competitive Comparison of Aggreko's Days Payable

For the Rental & Leasing Services subindustry, Aggreko'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.


Aggreko's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aggreko's Days Payable distribution charts can be found below:

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



Aggreko 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.

Aggreko's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (109 + 92) / 2 ) / 681*365
=100.5 / 681*365
=53.87

Aggreko's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

Days Payable (Q: Dec. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2020 ) + Accounts Payable (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (425 + 92) / 2 ) / 295*365 / 2
=258.5 / 295*365 / 2
=159.92

* 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.


Aggreko Days Payable Related Terms

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Aggreko (LSE:AGK) Business Description

Traded in Other Exchanges
N/A
Address
120 Bothwell Street, 8th Floor, Glasgow, GBR, G2 7JS
Aggreko PLC is a provider of cooling and heating rental equipment. The company operates two business units: rental solutions and power solutions. Rental solutions offer power, heating, and cooling equipment to customers in developed markets on a rental basis. Power solutions, the slightly larger business unit by revenue, operates in emerging markets and serves industrial and utility customers with large and complex solutions to their power requirements. Aggreko serves customers in utilities, oil and gas, mining, events, petrochemical and refining, manufacturing, and other sectors worldwide. The company generates the lion's share of its revenue in North America, followed by Africa, Asia, and the Middle East.

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