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Afluente Transmissao de Energia Eletrica (BSP:AFLT3) Days Payable : 34.64 (As of Sep. 2024)


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What is Afluente Transmissao de Energia Eletrica Days Payable?

Afluente Transmissao de Energia Eletrica's average Accounts Payable for the three months ended in Sep. 2024 was R$4.17 Mil. Afluente Transmissao de Energia Eletrica's Cost of Goods Sold for the three months ended in Sep. 2024 was R$10.99 Mil. Hence, Afluente Transmissao de Energia Eletrica's Days Payable for the three months ended in Sep. 2024 was 34.64.

The historical rank and industry rank for Afluente Transmissao de Energia Eletrica's Days Payable or its related term are showing as below:

BSP:AFLT3' s Days Payable Range Over the Past 10 Years
Min: 11.82   Med: 43.71   Max: 133.43
Current: 72.26

During the past 13 years, Afluente Transmissao de Energia Eletrica's highest Days Payable was 133.43. The lowest was 11.82. And the median was 43.71.

BSP:AFLT3's Days Payable is ranked better than
52.37% of 485 companies
in the Utilities - Regulated industry
Industry Median: 68.21 vs BSP:AFLT3: 72.26

Afluente Transmissao de Energia Eletrica's Days Payable declined from Sep. 2023 (128.32) to Sep. 2024 (34.64). It may suggest that Afluente Transmissao de Energia Eletrica accelerated paying its suppliers.


Afluente Transmissao de Energia Eletrica Days Payable Historical Data

The historical data trend for Afluente Transmissao de Energia Eletrica'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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Afluente Transmissao de Energia Eletrica Days Payable Chart

Afluente Transmissao de Energia Eletrica 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 46.47 80.09 133.43 84.89 61.74

Afluente Transmissao de Energia Eletrica Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 128.32 179.69 136.62 47.00 34.64

Competitive Comparison of Afluente Transmissao de Energia Eletrica's Days Payable

For the Utilities - Regulated Electric subindustry, Afluente Transmissao de Energia Eletrica'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.


Afluente Transmissao de Energia Eletrica's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Afluente Transmissao de Energia Eletrica's Days Payable distribution charts can be found below:

* The bar in red indicates where Afluente Transmissao de Energia Eletrica's Days Payable falls into.



Afluente Transmissao de Energia Eletrica 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.

Afluente Transmissao de Energia Eletrica'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
=( (5.929 + 5.004) / 2 ) / 32.318*365
=5.4665 / 32.318*365
=61.74

Afluente Transmissao de Energia Eletrica's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (2.903 + 5.442) / 2 ) / 10.99*365 / 4
=4.1725 / 10.99*365 / 4
=34.64

* 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.


Afluente Transmissao de Energia Eletrica Days Payable Related Terms

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Afluente Transmissao de Energia Eletrica Business Description

Traded in Other Exchanges
N/A
Address
Praia Do Flamengo. 78 - 4th Floor, Rio de Janeiro, RJ, BRA, 22210-030
Afluente Transmissao de Energia Eletrica SA operates in the electric power transmission industry. It is active in the study, planning, design, construction, operation, maintenance, and exploration of systems of electric power transmission. The firm operates transmission lines and sub-stations in Bahia, Brazil.

Afluente Transmissao de Energia Eletrica Headlines

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