Hydro One (Hydro One) Days Payable : 55.20 (As of Dec. 2023)

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What is Hydro One Days Payable?

Hydro One's average Accounts Payable for the three months ended in Dec. 2023 was $625 Mil. Hydro One's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,034 Mil. Hence, Hydro One's Days Payable for the three months ended in Dec. 2023 was 55.20.

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

HRNNF' s Days Payable Range Over the Past 10 Years
Min: 12.19 Med: 16.03 Max: 98.91
Current: 50.7

During the past 13 years, Hydro One's highest Days Payable was 98.91. The lowest was 12.19. And the median was 16.03.

HRNNF's Days Payable is ranked worse than
63.16% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.2 vs HRNNF: 50.70

Hydro One's Days Payable increased from Dec. 2022 (53.35) to Dec. 2023 (55.20). It may suggest that Hydro One delayed paying its suppliers.

Hydro One Days Payable Historical Data

The historical data trend for Hydro One'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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Hydro One Days Payable Chart

Hydro One Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.50

15.63

19.17

56.58

98.33

Hydro One Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															53.35	52.01	20.76	20.97	55.20

Competitive Comparison of Hydro One's Days Payable

For the Utilities - Regulated Electric subindustry, Hydro One'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.

Hydro One's Days Payable Distribution in the Utilities - Regulated Industry

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

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

Hydro One 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.

Hydro One'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
=	( (937.799	+	1072.6)	/	2 )	/	3731.365	*	365
=	1005.1995					/	3731.365	*	365
=	98.33

Hydro One's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (178.11	+	1072.6)	/	2 )	/	1033.84	*	365 / 4
=	625.355					/	1033.84	*	365 / 4
=	55.20

Hydro One Days Payable Related Terms

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Hydro One (Hydro One) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hydro One Ltd (OTCPK:HRNNF) » Definitions » Days Payable

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8H1:Germany H:Canada

Address

483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5

Website

https://www.hydroone.com

Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47% common equity stake.