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TAURON Polska Energia (TAURON Polska Energia) Days Payable : 16.14 (As of Dec. 2023)


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What is TAURON Polska Energia Days Payable?

TAURON Polska Energia's average Accounts Payable for the three months ended in Dec. 2023 was $511.46 Mil. TAURON Polska Energia's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,890.82 Mil. Hence, TAURON Polska Energia's Days Payable for the three months ended in Dec. 2023 was 16.14.

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

TNPGY' s Days Payable Range Over the Past 10 Years
Min: 15.71   Med: 18.54   Max: 34.29
Current: 16.4

During the past 13 years, TAURON Polska Energia's highest Days Payable was 34.29. The lowest was 15.71. And the median was 18.54.

TNPGY's Days Payable is ranked worse than
92.54% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.06 vs TNPGY: 16.40

TAURON Polska Energia's Days Payable declined from Dec. 2022 (17.65) to Dec. 2023 (16.14). It may suggest that TAURON Polska Energia accelerated paying its suppliers.


TAURON Polska Energia Days Payable Historical Data

The historical data trend for TAURON Polska 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.

* Premium members only.

TAURON Polska Energia Days Payable Chart

TAURON Polska Energia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.04 15.71 18.01 18.26 17.34

TAURON Polska 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 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 17.65 14.73 17.69 16.65 16.14

Competitive Comparison of TAURON Polska Energia's Days Payable

For the Utilities - Renewable subindustry, TAURON Polska 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.


TAURON Polska Energia's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TAURON Polska Energia's Days Payable distribution charts can be found below:

* The bar in red indicates where TAURON Polska Energia's Days Payable falls into.



TAURON Polska 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.

TAURON Polska 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
=( (562.144 + 522.599) / 2 ) / 11419.843*365
=542.3715 / 11419.843*365
=17.34

TAURON Polska 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
=( (500.324 + 522.599) / 2 ) / 2890.815*365 / 4
=511.4615 / 2890.815*365 / 4
=16.14

* 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.


TAURON Polska Energia Days Payable Related Terms

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TAURON Polska Energia (TAURON Polska Energia) Business Description

Traded in Other Exchanges
Address
ul. ks. Piotra Sciegiennego 3, Katowice, POL, 40-114
TAURON Polska Energia SA is a Polish joint stock company that operates and has ownership stakes in the energy industry in Eastern and Northern Europe. TAURON Polska Energia is, cumulatively, involved in the production, distribution, and sale of energy and fuel inputs. The company segments its operations into Mining, Generation, Distribution, and Sales. In its Generation division, TAURON Polska Energia operates a portfolio of biomass, coal, gas, and hydro power plants mainly in Poland. Most of its total energy production comes from its conventional, thermal facilities. The company generates the majority of its revenue from the sale of electricity and heat out of its Sales unit. Distribution service revenue and sales made by the Generation division are also significant.

TAURON Polska Energia (TAURON Polska Energia) Headlines

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