Corporacion Acciona Energias Renovables (XMAD:ANE) Days Payable : 86.49 (As of Dec. 2023)

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What is Corporacion Acciona Energias Renovables Days Payable?

Corporacion Acciona Energias Renovables's average Accounts Payable for the six months ended in Dec. 2023 was €500 Mil. Corporacion Acciona Energias Renovables's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,054 Mil. Hence, Corporacion Acciona Energias Renovables's Days Payable for the six months ended in Dec. 2023 was 86.49.

The historical rank and industry rank for Corporacion Acciona Energias Renovables's Days Payable or its related term are showing as below:

XMAD:ANE' s Days Payable Range Over the Past 10 Years
Min: 76.76 Med: 118.51 Max: 162.87
Current: 101.93

During the past 6 years, Corporacion Acciona Energias Renovables's highest Days Payable was 162.87. The lowest was 76.76. And the median was 118.51.

XMAD:ANE's Days Payable is ranked better than
58.35% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.06 vs XMAD:ANE: 101.93

Corporacion Acciona Energias Renovables's Days Payable increased from Dec. 2022 (72.27) to Dec. 2023 (86.49). It may suggest that Corporacion Acciona Energias Renovables delayed paying its suppliers.

Corporacion Acciona Energias Renovables Days Payable Historical Data

The historical data trend for Corporacion Acciona Energias Renovables'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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Corporacion Acciona Energias Renovables Days Payable Chart

Corporacion Acciona Energias Renovables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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141.18

119.22

117.79

76.76

104.56

Corporacion Acciona Energias Renovables Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					83.68	75.02	72.27	118.25	86.49

Competitive Comparison of Corporacion Acciona Energias Renovables's Days Payable

For the Utilities - Renewable subindustry, Corporacion Acciona Energias Renovables'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.

Corporacion Acciona Energias Renovables's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Corporacion Acciona Energias Renovables's Days Payable distribution charts can be found below:

* The bar in red indicates where Corporacion Acciona Energias Renovables's Days Payable falls into.

Corporacion Acciona Energias Renovables 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.

Corporacion Acciona Energias Renovables'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
=	( (592	+	496)	/	2 )	/	1899	*	365
=	544					/	1899	*	365
=	104.56

Corporacion Acciona Energias Renovables'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (503	+	496)	/	2 )	/	1054	*	365 / 2
=	499.5					/	1054	*	365 / 2
=	86.49

Corporacion Acciona Energias Renovables Days Payable Related Terms

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Corporacion Acciona Energias Renovables (XMAD:ANE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Corporacion Acciona Energias Renovables SA (XMAD:ANE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ANEe:UK 5BP:Germany

Address

Avenida de Europa, 18, Parque Empresarial La Moraleja, Alcobendas, Madrid, ESP, 28108

Website

https://www.acciona-energia.com

A renewables developer, Acciona Energia was spun off from Spanish industrial conglomerate Acciona in July 2021. The floating share is 17.3%. In June 2022, the group had 9.2 gigawatts of consolidated capacity (11.2 GW of total capacity). Eighty percent of Acciona Energia's capacity is onshore wind, nearly 10% is hydro dams in Spain and 9% is solar photovoltaic. Geographically, 50% of the capacity are located in Spain. The three biggest markets outside Spain are Mexico, the U.S., and Australia accounting for 12%, 11%, and 6% of capacity, respectively.

Corporacion Acciona Energias Renovables (XMAD:ANE) Headlines

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