GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Aboitiz Power Corp (OTCPK:ABZPY) » Definitions » Days Payable

Aboitiz Power (Aboitiz Power) Days Payable : 39.81 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Aboitiz Power Days Payable?

Aboitiz Power's average Accounts Payable for the three months ended in Dec. 2023 was $285 Mil. Aboitiz Power's Cost of Goods Sold for the three months ended in Dec. 2023 was $654 Mil. Hence, Aboitiz Power's Days Payable for the three months ended in Dec. 2023 was 39.81.

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

ABZPY' s Days Payable Range Over the Past 10 Years
Min: 39.02   Med: 47.36   Max: 66.75
Current: 42.11

During the past 13 years, Aboitiz Power's highest Days Payable was 66.75. The lowest was 39.02. And the median was 47.36.

ABZPY's Days Payable is ranked worse than
73.02% of 493 companies
in the Utilities - Regulated industry
Industry Median: 68.14 vs ABZPY: 42.11

Aboitiz Power's Days Payable increased from Dec. 2022 (38.78) to Dec. 2023 (39.81). It may suggest that Aboitiz Power delayed paying its suppliers.


Aboitiz Power Days Payable Historical Data

The historical data trend for Aboitiz Power'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.

Aboitiz Power Days Payable Chart

Aboitiz Power 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 45.92 55.47 66.75 56.41 49.27

Aboitiz Power 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 38.78 48.98 35.85 36.84 39.81

Competitive Comparison of Aboitiz Power's Days Payable

For the Utilities - Regulated Electric subindustry, Aboitiz Power'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.


Aboitiz Power's Days Payable Distribution in the Utilities - Regulated Industry

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

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



Aboitiz Power 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.

Aboitiz Power'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
=( (370.376 + 330.728) / 2 ) / 2596.861*365
=350.552 / 2596.861*365
=49.27

Aboitiz Power'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
=( (239.47 + 330.728) / 2 ) / 653.509*365 / 4
=285.099 / 653.509*365 / 4
=39.81

* 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.


Aboitiz Power Days Payable Related Terms

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


Aboitiz Power (Aboitiz Power) Business Description

Traded in Other Exchanges
Address
NAC Tower, 32nd Street, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634
Aboitiz Power Corp is an electric utility company operating in the Philippines of which Aboitiz Equity Ventures is the majority shareholder. Through its subsidiaries, Aboitiz Power generates and distributes electricity. The company controls a portfolio of geothermal, hydroelectric, solar, wind, oil-fired, and coal-fired power plants. most of Aboitiz Power's energy production comes from its non-renewable facilities. The company's sites, meanwhile, are mainly hydroelectric. The vast majority of Aboitiz Power's income is derived from its power generation business, while a sizable portion also comes from its distribution segment. Almost all sales are made through bilateral contracts with private utilities, the country's state-owned power provider, and industrial and commercial customers.