Rio Paranapanema Energia (BSP:GEPA3) Days Payable : 152.29 (As of Dec. 2023)

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What is Rio Paranapanema Energia Days Payable?

Rio Paranapanema Energia's average Accounts Payable for the three months ended in Dec. 2023 was R$424 Mil. Rio Paranapanema Energia's Cost of Goods Sold for the three months ended in Dec. 2023 was R$254 Mil. Hence, Rio Paranapanema Energia's Days Payable for the three months ended in Dec. 2023 was 152.29.

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

BSP:GEPA3' s Days Payable Range Over the Past 10 Years
Min: 25.53 Med: 208 Max: 13226.25
Current: 187.37

During the past 13 years, Rio Paranapanema Energia's highest Days Payable was 13226.25. The lowest was 25.53. And the median was 208.00.

BSP:GEPA3's Days Payable is ranked better than
82.83% of 495 companies
in the Utilities - Regulated industry
Industry Median: 66.88 vs BSP:GEPA3: 187.37

Rio Paranapanema Energia's Days Payable declined from Dec. 2022 (213.50) to Dec. 2023 (152.29). It may suggest that Rio Paranapanema Energia accelerated paying its suppliers.

Rio Paranapanema Energia Days Payable Historical Data

The historical data trend for Rio Paranapanema Energia'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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Rio Paranapanema Energia Days Payable Chart

Rio Paranapanema Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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409.01

13,226.25

425.55

227.27

188.15

Rio Paranapanema Energia Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															213.50	230.58	226.94	162.71	152.29

Competitive Comparison of Rio Paranapanema Energia's Days Payable

For the Utilities - Regulated Electric subindustry, Rio Paranapanema Energia'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.

Rio Paranapanema Energia's Days Payable Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Rio Paranapanema Energia's Days Payable falls into.

Rio Paranapanema Energia 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.

Rio Paranapanema Energia'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
=	( (463.626	+	417.315)	/	2 )	/	854.501	*	365
=	440.4705					/	854.501	*	365
=	188.15

Rio Paranapanema Energia'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
=	( (431.657	+	417.315)	/	2 )	/	254.351	*	365 / 4
=	424.486					/	254.351	*	365 / 4
=	152.29

Rio Paranapanema Energia Days Payable Related Terms

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Rio Paranapanema Energia (BSP:GEPA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Rio Paranapanema Energia SA (BSP:GEPA3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GEPA4:Brazil

Address

Funchal Street 418, 29th Floor, E-tower, Vila Olimpia, Sao Paulo, SP, BRA, 04551-060

Website

https://www.paranapanemaenergia.com.br

Rio Paranapanema Energia SA is involved in the energy sector. The company is engaged in the generation and commercialization of electric energy for industrial, residential and commercial consumption, among others. In addition to generating, the company also markets electricity in the Free and Regulated (ACL) and Free Contracting Environments. It also provides for online energy monitoring using real-time technology.

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