Southern Co (BSP:T1SO34) Days Payable : 86.94 (As of Sep. 2024)

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What is Southern Co Days Payable?

Southern Co's average Accounts Payable for the three months ended in Sep. 2024 was R$17,522 Mil. Southern Co's Cost of Goods Sold for the three months ended in Sep. 2024 was R$18,391 Mil. Hence, Southern Co's Days Payable for the three months ended in Sep. 2024 was 86.94.

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

BSP:T1SO34' s Days Payable Range Over the Past 10 Years
Min: 49.12 Med: 79.03 Max: 93.41
Current: 79.22

During the past 13 years, Southern Co's highest Days Payable was 93.41. The lowest was 49.12. And the median was 79.03.

BSP:T1SO34's Days Payable is ranked better than
57.11% of 485 companies
in the Utilities - Regulated industry
Industry Median: 68.21 vs BSP:T1SO34: 79.22

Southern Co's Days Payable increased from Sep. 2023 (76.26) to Sep. 2024 (86.94). It may suggest that Southern Co delayed paying its suppliers.

Southern Co Days Payable Historical Data

The historical data trend for Southern 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.

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Southern Co Days Payable Chart

Southern Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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89.70

84.41

66.98

58.15

89.89

Southern Co 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															76.26	75.21	67.13	67.95	86.94

Competitive Comparison of Southern Co's Days Payable

For the Utilities - Regulated Electric subindustry, Southern 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.

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

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

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

Southern 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.

Southern Co'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
=	( (18490.035	+	14199.62)	/	2 )	/	66367.791	*	365
=	16344.8275					/	66367.791	*	365
=	89.89

Southern Co'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
=	( (13169.015	+	21874.31)	/	2 )	/	18391.034	*	365 / 4
=	17521.6625					/	18391.034	*	365 / 4
=	86.94

Southern Co Days Payable Related Terms

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Southern Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Southern Co (BSP:T1SO34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SO:USA SO:Mexico 0L8A:UK SOT:Germany SOT:Germany SOT:Germany SOUT:Austria

Address

30 Ivan Allen Jr. Boulevard, Northwest, Atlanta, GA, USA, 30308

Website

https://www.southerncompany.com

Southern is one of the largest utilities in the U.S. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the U.S. and sells the electricity primarily under long-term contracts.

Southern Co Headlines

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