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AES Andes (XSGO:AESANDES) Days Payable : 48.57 (As of Dec. 2023)


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What is AES Andes Days Payable?

AES Andes's average Accounts Payable for the three months ended in Dec. 2023 was CLP222,701 Mil. AES Andes's Cost of Goods Sold for the three months ended in Dec. 2023 was CLP418,367 Mil. Hence, AES Andes's Days Payable for the three months ended in Dec. 2023 was 48.57.

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

XSGO:AESANDES' s Days Payable Range Over the Past 10 Years
Min: 12.92   Med: 20.42   Max: 79.28
Current: 43.05

During the past 13 years, AES Andes's highest Days Payable was 79.28. The lowest was 12.92. And the median was 20.42.

XSGO:AESANDES's Days Payable is ranked worse than
68.57% of 385 companies
in the Utilities - Independent Power Producers industry
Industry Median: 81.19 vs XSGO:AESANDES: 43.05

AES Andes's Days Payable declined from Dec. 2022 (50.01) to Dec. 2023 (48.57). It may suggest that AES Andes accelerated paying its suppliers.


AES Andes Days Payable Historical Data

The historical data trend for AES Andes'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.

AES Andes Days Payable Chart

AES Andes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.70 21.14 17.79 39.24 48.09

AES Andes 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.01 45.41 33.09 39.32 48.57

Competitive Comparison of AES Andes's Days Payable

For the Utilities - Renewable subindustry, AES Andes'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.


AES Andes's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, AES Andes's Days Payable distribution charts can be found below:

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



AES Andes 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.

AES Andes'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
=( (267400.631 + 223585.188) / 2 ) / 1863364.122*365
=245492.9095 / 1863364.122*365
=48.09

AES Andes'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
=( (221816.683 + 223585.188) / 2 ) / 418367.392*365 / 4
=222700.9355 / 418367.392*365 / 4
=48.57

* 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.


AES Andes Days Payable Related Terms

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AES Andes (XSGO:AESANDES) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Rosario Norte 532, Floors 18-20, Los Condes, Santiago, CHL
AES Andes SA is an electric utility company involved in the generation and supply of electricity in South America. It owns and operates a portfolio of hydroelectric, coal-fired, diesel-fueled, cogeneration, and natural gas power generation facilities. Most of the energy produced by the company comes from its sites utilizing thermal fuel sources. The company primarily generates revenue from contracted energy and capacity sales. Sales made on the spot market also represent a substantial revenue stream. The company's primary customers are the multiple interconnected energy markets in Chile and Colombia, such as the Central Interconnected System (SIC) and the Great North Interconnected System (SING).

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