Elia Group/NV (LTS:0NTU) Days Payable : 448.05 (As of Dec. 2023)

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What is Elia Group/NV Days Payable?

Elia Group/NV's average Accounts Payable for the six months ended in Dec. 2023 was €2,985 Mil. Elia Group/NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,216 Mil. Hence, Elia Group/NV's Days Payable for the six months ended in Dec. 2023 was 448.05.

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

LTS:0NTU' s Days Payable Range Over the Past 10 Years
Min: 151.9 Med: 204.44 Max: 384.23
Current: 384.23

During the past 13 years, Elia Group/NV's highest Days Payable was 384.23. The lowest was 151.90. And the median was 204.44.

LTS:0NTU's Days Payable is ranked better than
93.74% of 495 companies
in the Utilities - Regulated industry
Industry Median: 67.1 vs LTS:0NTU: 384.23

Elia Group/NV's Days Payable increased from Dec. 2022 (424.93) to Dec. 2023 (448.05). It may suggest that Elia Group/NV delayed paying its suppliers.

Elia Group/NV Days Payable Historical Data

The historical data trend for Elia Group/NV'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.

Elia Group/NV Days Payable Chart

Elia Group/NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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204.70

204.18

196.33

151.90

272.57

Elia Group/NV 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															334.51	450.58	424.93	431.05	448.05

Competitive Comparison of Elia Group/NV's Days Payable

For the Utilities - Regulated Electric subindustry, Elia Group/NV'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.

Elia Group/NV's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elia Group/NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Elia Group/NV's Days Payable falls into.

Elia Group/NV 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.

Elia Group/NV'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
=	( (1279	+	2149.4)	/	2 )	/	2295.5	*	365
=	1714.2					/	2295.5	*	365
=	272.57

Elia Group/NV'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
=	( (3820.9	+	2149.4)	/	2 )	/	1215.9	*	365 / 2
=	2985.15					/	1215.9	*	365 / 2
=	448.05

Elia Group/NV Days Payable Related Terms

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Elia Group/NV (LTS:0NTU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Elia Group SA/NV (LTS:0NTU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ELIb:UK E4S:Germany ELI:Belgium

Address

Boulevard de l’Empereur 20, Brussels, BEL, B-1000

Website

https://www.eliagroup.eu

Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company primarily generates revenue by serving as the electricity transmission system operator in both Germany and Belgium where it provides electric grid usage. Elia's Belgian and German operations are responsible for nearly all of its revenue. These countries also house most of the company's infrastructure investments. In its capacity as an electricity transmitter, Elia System facilitates long-term, day-ahead, and intraday energy markets.

Elia Group/NV (LTS:0NTU) Headlines

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