ATGFF (AltaGas) Days Payable : 0.00 (As of Dec. 2024)

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What is AltaGas Days Payable?

AltaGas's average Accounts Payable for the three months ended in Dec. 2024 was $0 Mil. AltaGas's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,646 Mil. Hence, AltaGas's Days Payable for the three months ended in Dec. 2024 was 0.00.

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

During the past 13 years, AltaGas's highest Days Payable was 165.73. The lowest was 73.92. And the median was 130.81.

ATGFF's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 59.735
* Ranked among companies with meaningful Days Payable only.

AltaGas's Days Payable stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00). stayed the same

AltaGas Days Payable Historical Data

The historical data trend for AltaGas'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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AltaGas Days Payable Chart

AltaGas Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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163.65

73.87

AltaGas 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															-	-	-	-	-

Competitive Comparison of AltaGas's Days Payable

For the Oil & Gas Midstream subindustry, AltaGas'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.

AltaGas's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, AltaGas's Days Payable distribution charts can be found below:

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

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AltaGas 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.

AltaGas'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
=	( (0	+	0)	/	1 )	/	6458.202	*	365
=	0					/	6458.202	*	365
=	0.00

AltaGas'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
=	( (0	+	0)	/	1 )	/	1645.96	*	365 / 4
=	0					/	1645.96	*	365 / 4
=	0.00

AltaGas Days Payable Related Terms

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AltaGas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » AltaGas Ltd (OTCPK:ATGFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ALA.PR.G.PFD:Canada ALA.PR.B.PFD:Canada ALA.PR.A.PFD:Canada ALA:Canada

Address

707 - 5th Street S.W, Suite 1300, Calgary, AB, CAN, T2P 0Y3

Website

https://www.altagas.ca

AltaGas Ltd owns and operates a diversified basket of energy infrastructure businesses. Business is conducted through given segments: Midstream, Utilities, and Corporate/other. Midstream business consists of export facilities and locates processing, fractionation, and logistics infrastructure, as well as hydrocarbon storage in North America that connects North American producers from wellhead to offshore export and domestic markets. The utility business is offered through its regulated natural gas utilities - Washington Gas and SEMCO. The business generates revenue from customers in both Canada and the United States, with the majority coming from Canadian customers.