SSE (SSEZF) Days Payable : 89.26 (As of Sep. 2023)

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What is SSE Days Payable?

SSE's average Accounts Payable for the six months ended in Sep. 2023 was $1,997 Mil. SSE's Cost of Goods Sold for the six months ended in Sep. 2023 was $4,083 Mil. Hence, SSE's Days Payable for the six months ended in Sep. 2023 was 89.26.

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

SSEZF' s Days Payable Range Over the Past 10 Years
Min: 23.29 Med: 34.93 Max: 136.8
Current: 76.59

During the past 13 years, SSE's highest Days Payable was 136.80. The lowest was 23.29. And the median was 34.93.

SSEZF's Days Payable is ranked better than
57.37% of 495 companies
in the Utilities - Regulated industry
Industry Median: 67.1 vs SSEZF: 76.59

SSE's Days Payable increased from Sep. 2022 (59.78) to Sep. 2023 (89.26). It may suggest that SSE delayed paying its suppliers.

SSE Days Payable Historical Data

The historical data trend for SSE'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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SSE Days Payable Chart

SSE Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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142.94

61.29

35.40

58.29

24.42

SSE Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															203.17	94.02	59.78	48.13	89.26

Competitive Comparison of SSE's Days Payable

For the Utilities - Diversified subindustry, SSE'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.

SSE's Days Payable Distribution in the Utilities - Regulated Industry

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

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

SSE 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.

SSE's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1211.726	+	842.961)	/	2 )	/	15352.428	*	365
=	1027.3435					/	15352.428	*	365
=	24.42

SSE's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (842.961	+	3150.371)	/	2 )	/	4082.55	*	365 / 2
=	1996.666					/	4082.55	*	365 / 2
=	89.26

SSE Days Payable Related Terms

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

SSE (SSEZF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » SSE PLC (OTCPK:SSEZF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SSEZY:USA SSEl:UK SSE:UK SCT:Germany

Address

200 Dunkeld Road, Inveralmond House, Perth, Perthshire, GBR, PH1 3AQ

Website

https://www.sse.com

SSE is an energy holding company based in the United Kingdom. The bulk of SSE's profit comes from the company's 10.8 GW of power generation and its electricity transmission and distribution networks . The firm is also involved in smaller related businesses such as gas storage and energy services.

SSE (SSEZF) Headlines

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