Atmos Energy (Atmos Energy) Days Payable

: 57.33 (As of Dec. 2023)

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Atmos Energy's average Accounts Payable for the three months ended in Dec. 2023 was $317 Mil. Atmos Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $505 Mil. Hence, Atmos Energy's Days Payable for the three months ended in Dec. 2023 was 57.33.

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

ATO' s Days Payable Range Over the Past 10 Years
Min: 6.99 Med: 34.5 Max: 64.4
Current: 64.4

During the past 13 years, Atmos Energy's highest Days Payable was 64.40. The lowest was 6.99. And the median was 34.50.

ATO's Days Payable is ranked worse than
51.72% of 495 companies
in the Utilities - Regulated industry
Industry Median: 66.78 vs ATO: 64.40

Atmos Energy's Days Payable increased from Dec. 2022 (25.55) to Dec. 2023 (57.33). It may suggest that Atmos Energy delayed paying its suppliers.

Atmos Energy Days Payable Historical Data

The historical data trend for Atmos Energy'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.

Atmos Energy Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

38.20

44.99

39.02

36.87

39.24

Atmos Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																25.55	-	-	103.00	57.33

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Atmos Energy'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.

Atmos Energy Days Payable Distribution

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

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

Atmos Energy 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.

Atmos Energy's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (258.506	+	218.181)	/	2 )	/	2217.079	*	365
=	238.3435					/	2217.079	*	365
=	39.24

Atmos Energy'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
=	( (218.181	+	416.694)	/	2 )	/	505.214	*	365 / 4
=	317.4375					/	505.214	*	365 / 4
=	57.33

Atmos Energy Days Payable Related Terms

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Atmos Energy (Atmos Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Atmos Energy Corp (NYSE:ATO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AEO:Germany A1TM34:Brazil

Address

5430 LBJ Freeway, Suite 1800, Three Lincoln Centre, Dallas, TX, USA, 75240

Website

https://www.atmosenergy.com

Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.

Executives

Richard M Thomas	officer: VICE PRESIDENT & CONTROLLER	P O BOX 650205, DALLAS TX 75265-0205
Kim R Cocklin	director	C/O ATMOS ENERGY CORPORATION, PO BOX 650205, DALLAS TX 75256
Diana J Walters	director	5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
John S Mcdill	officer: SR VP, UTILITY OPERATIONS	5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
John C. Ale	director	5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
Christopher T Forsythe	officer: Vice President and Controller	P O BOX 650205, DALLAS TX 75265
Sean Donohue	director	P O BOX 650205, DALLAS TX 75265
J Matt Robbins	officer: SR VP, Human Resources	P O BOX 650205, DALLAS TX 75265-0205
Frank H Yoho	director	5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
Richard A Sampson	director	PO BOX 650205, DALLAS TX 75265
David J Park	officer: SR VP, Utility Operations	P O BOX 650205, DALLAS TX 75265-0205
Richard W Douglas	director	10670 N CENTRAL EXPRESSWAY, DALLAS TX 75231
Nancy K Quinn	director	P O BOX 650205, DALLAS TX 75265
Karen E Hartsfield	officer: SR VP, GC & CORPORATE SEC'Y	P O BOX 650205, DALLAS TX 75265-0205
John K Akers	officer: SR VP, Safety & Enterprise Ser	P O BOX 650205, DALLAS TX 75265-0205