GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Auren Energia SA (BSP:AURE3) » Definitions » Days Payable

Auren Energia (BSP:AURE3) Days Payable : 40.53 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Auren Energia Days Payable?

Auren Energia's average Accounts Payable for the three months ended in Mar. 2024 was R$492 Mil. Auren Energia's Cost of Goods Sold for the three months ended in Mar. 2024 was R$1,107 Mil. Hence, Auren Energia's Days Payable for the three months ended in Mar. 2024 was 40.53.

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

BSP:AURE3' s Days Payable Range Over the Past 10 Years
Min: 32.33   Med: 40.28   Max: 55.44
Current: 48.35

During the past 4 years, Auren Energia's highest Days Payable was 55.44. The lowest was 32.33. And the median was 40.28.

BSP:AURE3's Days Payable is ranked worse than
64.27% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.89 vs BSP:AURE3: 48.35

Auren Energia's Days Payable declined from Mar. 2023 (47.33) to Mar. 2024 (40.53). It may suggest that Auren Energia accelerated paying its suppliers.


Auren Energia Days Payable Historical Data

The historical data trend for Auren Energia'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.

Auren Energia Days Payable Chart

Auren Energia Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
38.36 55.44 32.33 42.20

Auren Energia Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 47.33 54.58 58.70 50.08 40.53

Competitive Comparison of Auren Energia's Days Payable

For the Utilities - Renewable subindustry, Auren Energia'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.


Auren Energia's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Auren Energia's Days Payable distribution charts can be found below:

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



Auren Energia 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.

Auren Energia'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
=( (549.019 + 572.321) / 2 ) / 4848.946*365
=560.67 / 4848.946*365
=42.20

Auren Energia's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (572.321 + 410.719) / 2 ) / 1106.505*365 / 4
=491.52 / 1106.505*365 / 4
=40.53

* 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.


Auren Energia Days Payable Related Terms

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


Auren Energia (BSP:AURE3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Doutora Ruth Cardoso, 8501, 2nd Floor, Room 11, Pinheiros, Sao Paulo, SP, BRA, CEP 05425-070
Auren Energia SA operates as an energy company. Its activity includes Wind power generation, Hydropower generation, Sale of energy and Holding and Pipeline projects.

Auren Energia (BSP:AURE3) Headlines

No Headlines