Alabama Power Co (Alabama Power Co) Days Payable : 57.40 (As of Jun. 2022)

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What is Alabama Power Co Days Payable?

Alabama Power Co's average Accounts Payable for the three months ended in Jun. 2022 was $665.50 Mil. Alabama Power Co's Cost of Goods Sold for the three months ended in Jun. 2022 was $1,058.00 Mil. Hence, Alabama Power Co's Days Payable for the three months ended in Jun. 2022 was 57.40.

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

APRCP.PFD's Days Payable is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 66.15
* Ranked among companies with meaningful Days Payable only.

Alabama Power Co's Days Payable declined from Jun. 2021 (76.54) to Jun. 2022 (57.40). It may suggest that Alabama Power Co accelerated paying its suppliers.

Alabama Power Co Days Payable Historical Data

The historical data trend for Alabama 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.

* Premium members only.

Alabama Power Co Days Payable Chart

Alabama Power Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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22.85

101.39

98.91

106.12

89.06

Alabama Power Co Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Days Payable	Get a 7-Day Free Trial															76.54	68.16	69.09	72.89	57.40

Competitive Comparison of Alabama Power Co's Days Payable

For the Utilities - Regulated Electric subindustry, Alabama 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.

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

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

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

Alabama 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.

Alabama Power Co's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (861	+	768)	/	2 )	/	3338	*	365
=	814.5					/	3338	*	365
=	89.06

Alabama Power Co's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

	Days Payable (Q: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (566	+	765)	/	2 )	/	1058	*	365 / 4
=	665.5					/	1058	*	365 / 4
=	57.40

Alabama Power Co Days Payable Related Terms

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Alabama Power Co (Alabama Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Alabama Power Co (OTCPK:APRCP.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 North 18th Street, Birmingham, AL, USA, 35291

Website

http://www.alabamapower.com

Alabama Power Co operates in the utility sector. The company supplies electricity and stellar service to homes, businesses and industries in the southern two-thirds of Alabama.

Alabama Power Co (Alabama Power Co) Headlines

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