AQN (Algonquin Power & Utilities) Days Payable : 74.34 (As of Dec. 2024)

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What is Algonquin Power & Utilities Days Payable?

Algonquin Power & Utilities's average Accounts Payable for the three months ended in Dec. 2024 was $136 Mil. Algonquin Power & Utilities's Cost of Goods Sold for the three months ended in Dec. 2024 was $166 Mil. Hence, Algonquin Power & Utilities's Days Payable for the three months ended in Dec. 2024 was 74.34.

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

AQN' s Days Payable Range Over the Past 10 Years
Min: 57.78 Med: 89.43 Max: 157.79
Current: 92.8

During the past 13 years, Algonquin Power & Utilities's highest Days Payable was 157.79. The lowest was 57.78. And the median was 89.43.

AQN's Days Payable is ranked better than
62.18% of 468 companies
in the Utilities - Regulated industry
Industry Median: 68.275 vs AQN: 92.80

Algonquin Power & Utilities's Days Payable declined from Dec. 2023 (82.81) to Dec. 2024 (74.34). It may suggest that Algonquin Power & Utilities accelerated paying its suppliers.

Algonquin Power & Utilities Days Payable Historical Data

The historical data trend for Algonquin Power & Utilities'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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Algonquin Power & Utilities Days Payable Chart

Algonquin Power & Utilities Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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155.87

96.49

78.23

89.96

105.80

Algonquin Power & Utilities Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															82.81	80.56	130.37	92.42	74.34

Competitive Comparison of Algonquin Power & Utilities's Days Payable

For the Utilities - Diversified subindustry, Algonquin Power & Utilities'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.

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

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

* The bar in red indicates where Algonquin Power & Utilities's Days Payable falls into.

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Algonquin Power & Utilities 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.

Algonquin Power & Utilities's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (180.407	+	164.154)	/	2 )	/	594.329	*	365
=	172.2805					/	594.329	*	365
=	105.80

Algonquin Power & Utilities's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (106.952	+	164.154)	/	2 )	/	166.395	*	365 / 4
=	135.553					/	166.395	*	365 / 4
=	74.34

Algonquin Power & Utilities Days Payable Related Terms

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Algonquin Power & Utilities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Algonquin Power & Utilities Corp (NYSE:AQN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AGQPF.PFD:USA 751:Germany 751:Germany AQN.PR.D.PFD:Canada AQN.PR.A.PFD:Canada AQN:Canada

Address

354 Davis Road, Suite 100, Oakville, ON, CAN, L6J 2X1

Website

https://www.algonquinpower.com

Algonquin Power & Utilities Corp is a Canada-based diversified international generation, transmission, and distribution company. The company's operations are organized across two business units consisting of the Regulated Services Group, which owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations in the United States, Canada, Bermuda, and Chile; and the Hydro Group, which consists of hydroelectric-generating facilities located in Canada. It generates the majority of its revenue from the Regulated Services Group segment.