CU (TSX:CIU.PR.C.PFD) Days Payable : 206.38 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is CU Days Payable?

CU's average Accounts Payable for the three months ended in Dec. 2023 was C$484.00 Mil. CU's Cost of Goods Sold for the three months ended in Dec. 2023 was C$214.00 Mil. Hence, CU's Days Payable for the three months ended in Dec. 2023 was 206.38.

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

TSX:CIU.PR.C.PFD's Days Payable is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 67.1
* Ranked among companies with meaningful Days Payable only.

CU's Days Payable increased from Dec. 2022 (196.78) to Dec. 2023 (206.38). It may suggest that CU delayed paying its suppliers.

CU Days Payable Historical Data

The historical data trend for CU'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.

CU Days Payable Chart

CU Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

219.26

203.80

204.66

236.79

260.96

CU Quarterly Data
	Dec16	Dec17	Dec18	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															196.78	240.04	243.49	188.38	206.38

Competitive Comparison of CU's Days Payable

For the Utilities - Diversified subindustry, CU'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.

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

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

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

CU 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.

CU'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
=	( (645	+	569)	/	2 )	/	849	*	365
=	607					/	849	*	365
=	260.96

CU'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
=	( (399	+	569)	/	2 )	/	214	*	365 / 4
=	484					/	214	*	365 / 4
=	206.38

CU Days Payable Related Terms

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

CU (TSX:CIU.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CU Inc (TSX:CIU.PR.C.PFD) » Definitions » Days Payable

Comparable Companies

TSXV:OEG TSX:JE TSX:SPB TSX:ACO.Y TSX:EMA TSX:CU.X TSX:BIP.UN

Traded in Other Exchanges

CIU.PR.A.PFD:Canada

Address

5302 Forand Street SW, 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4

Website

https://www.canadianutilities.com

CU Inc is engaged in the transmission and distribution of electricity and natural gas. It operates through Electricity and Natural gas segments. The Electricity segment provides regulated electricity transmission, distribution and related infrastructure solutions in northern and central east Alberta, the Yukon and the Northwest Territories. The Natural Gas segment provides integrated natural gas transmission, distribution and related infrastructure development throughout Alberta and in the Lloydminster area of Saskatchewan.

CU (TSX:CIU.PR.C.PFD) Headlines

No Headlines