CDUAF (Canadian Utilities) Days Payable : 259.71 (As of Dec. 2024)

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What is Canadian Utilities Days Payable?

Canadian Utilities's average Accounts Payable for the three months ended in Dec. 2024 was $571 Mil. Canadian Utilities's Cost of Goods Sold for the three months ended in Dec. 2024 was $201 Mil. Hence, Canadian Utilities's Days Payable for the three months ended in Dec. 2024 was 259.71.

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

CDUAF' s Days Payable Range Over the Past 10 Years
Min: 181.41 Med: 223.03 Max: 280.71
Current: 261.35

During the past 13 years, Canadian Utilities's highest Days Payable was 280.71. The lowest was 181.41. And the median was 223.03.

CDUAF's Days Payable is ranked better than
88.72% of 470 companies
in the Utilities - Regulated industry
Industry Median: 68.275 vs CDUAF: 261.35

Canadian Utilities's Days Payable increased from Dec. 2023 (245.33) to Dec. 2024 (259.71). It may suggest that Canadian Utilities delayed paying its suppliers.

Canadian Utilities Days Payable Historical Data

The historical data trend for Canadian 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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Canadian Utilities Days Payable Chart

Canadian Utilities Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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203.27

205.41

246.29

267.67

269.48

Canadian 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															245.33	218.82	-	-	259.71

Competitive Comparison of Canadian Utilities's Days Payable

For the Utilities - Diversified subindustry, Canadian 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.

Canadian Utilities's Days Payable Distribution in the Utilities - Regulated Industry

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

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

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Canadian 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.

Canadian 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
=	( (611.21	+	571.348)	/	2 )	/	800.87	*	365
=	591.279					/	800.87	*	365
=	269.48

Canadian 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
=	( (0	+	571.348)	/	1 )	/	200.744	*	365 / 4
=	571.348					/	200.744	*	365 / 4
=	259.71

Canadian Utilities Days Payable Related Terms

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

Canadian Utilities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Canadian Utilities Ltd (OTCPK:CDUAF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CNAUF.PFD:USA CDUTF.PFD:USA CUD:Germany CU.PR.I.PFD:Canada CU.PR.H.PFD:Canada CU.PR.G.PFD:Canada CU.PR.F.PFD:Canada CU.PR.E.PFD:Canada CU.PR.D.PFD:Canada CU.PR.C.PFD:Canada CU:Canada

Address

5302 Forand Street South West, 4th Floor, West Building, Corporate Governance & Secretarial, Calgary, AB, CAN, T3E 8B4

Website

https://www.canadianutilities.com

Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in segments that include ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Corporate & Other. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.