Saudi Electricity Co (SAU:5110) Days Payable : 16.84 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Saudi Electricity Co Days Payable?

Saudi Electricity Co's average Accounts Payable for the three months ended in Dec. 2023 was ﷼3,409 Mil. Saudi Electricity Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼18,471 Mil. Hence, Saudi Electricity Co's Days Payable for the three months ended in Dec. 2023 was 16.84.

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

SAU:5110' s Days Payable Range Over the Past 10 Years
Min: 19.26 Med: 128.17 Max: 451.45
Current: 25.71

During the past 13 years, Saudi Electricity Co's highest Days Payable was 451.45. The lowest was 19.26. And the median was 128.17.

SAU:5110's Days Payable is ranked worse than
89.47% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.265 vs SAU:5110: 25.71

Saudi Electricity Co's Days Payable declined from Dec. 2022 (20.67) to Dec. 2023 (16.84). It may suggest that Saudi Electricity Co accelerated paying its suppliers.

Saudi Electricity Co Days Payable Historical Data

The historical data trend for Saudi Electricity Co'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.

Saudi Electricity Co Days Payable Chart

Saudi Electricity Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

128.17

102.70

59.58

19.26

20.32

Saudi Electricity Co 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															20.67	22.98	37.95	32.51	16.84

Competitive Comparison of Saudi Electricity Co's Days Payable

For the Utilities - Regulated Electric subindustry, Saudi Electricity Co'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.

Saudi Electricity Co's Days Payable Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Saudi Electricity Co's Days Payable falls into.

Saudi Electricity Co 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.

Saudi Electricity Co'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
=	( (2884.597	+	3774.197)	/	2 )	/	59808.297	*	365
=	3329.397					/	59808.297	*	365
=	20.32

Saudi Electricity Co'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
=	( (3043.688	+	3774.197)	/	2 )	/	18470.672	*	365 / 4
=	3408.9425					/	18470.672	*	365 / 4
=	16.84

Saudi Electricity Co Days Payable Related Terms

Thank you for viewing the detailed overview of Saudi Electricity Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Saudi Electricity Co (SAU:5110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Saudi Electricity Co (SAU:5110) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Crossing of Al-Olaya Street, Rihana Bint Zaid Street, P. O. Box 22955, Al-Arid district, Riyadh, SAU, 11416

Website

https://www.se.com.sa

Saudi Electricity Co is principally engaged in the generation, transmission, and distribution of electrical power and customer service activities. The company provides its services to governmental, industrial, agricultural, commercial, and residential sectors. Saudi Electricity operates through three segments namely Generation segment which is involved in the generation and provision of electric power; Transmission segment which is engaged in the transmission of electrical power from generation stations using transmission network, to the distribution network and operation and maintenance of electricity transmission system; and Distribution and Subscriber services segment which includes receipt of electric power from the transmission network and distribution to the company's customers.

Saudi Electricity Co (SAU:5110) Headlines

No Headlines