American Electric Power Co (WBO:AEPC) Days Payable : 99.81 (As of Dec. 2023)

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What is American Electric Power Co Days Payable?

American Electric Power Co's average Accounts Payable for the three months ended in Dec. 2023 was €1,990 Mil. American Electric Power Co's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,819 Mil. Hence, American Electric Power Co's Days Payable for the three months ended in Dec. 2023 was 99.81.

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

WBO:AEPC' s Days Payable Range Over the Past 10 Years
Min: 59.94 Med: 103.8 Max: 128.75
Current: 108.41

During the past 13 years, American Electric Power Co's highest Days Payable was 128.75. The lowest was 59.94. And the median was 103.80.

WBO:AEPC's Days Payable is ranked better than
71.31% of 495 companies
in the Utilities - Regulated industry
Industry Median: 67.1 vs WBO:AEPC: 108.41

American Electric Power Co's Days Payable declined from Dec. 2022 (102.27) to Dec. 2023 (99.81). It may suggest that American Electric Power Co accelerated paying its suppliers.

American Electric Power Co Days Payable Historical Data

The historical data trend for American Electric Power 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.

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American Electric Power Co Days Payable Chart

American Electric Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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113.09

135.46

100.91

100.51

111.11

American Electric Power 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															102.27	112.02	122.30	102.02	99.81

Competitive Comparison of American Electric Power Co's Days Payable

For the Utilities - Regulated Electric subindustry, American Electric Power 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.

American Electric Power Co's Days Payable Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where American Electric Power Co's Days Payable falls into.

American Electric Power 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.

American Electric Power 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
=	( (2521.235	+	1863.802)	/	2 )	/	7202.668	*	365
=	2192.5185					/	7202.668	*	365
=	111.11

American Electric Power 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
=	( (2116.308	+	1863.802)	/	2 )	/	1819.328	*	365 / 4
=	1990.055					/	1819.328	*	365 / 4
=	99.81

American Electric Power Co Days Payable Related Terms

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American Electric Power Co (WBO:AEPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » American Electric Power Co Inc (WBO:AEPC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AEP:USA AEP:Germany

Address

1 Riverside Plaza, Columbus, OH, USA, 43215-2373

Website

https://www.aep.com

American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.

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