Light (LGSXY) Days Payable : 51.27 (As of Dec. 2024)

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What is Light Days Payable?

Light's average Accounts Payable for the three months ended in Dec. 2024 was $330 Mil. Light's Cost of Goods Sold for the three months ended in Dec. 2024 was $588 Mil. Hence, Light's Days Payable for the three months ended in Dec. 2024 was 51.27.

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

LGSXY' s Days Payable Range Over the Past 10 Years
Min: 51.39 Med: 66.29 Max: 110.59
Current: 51.39

During the past 13 years, Light's highest Days Payable was 110.59. The lowest was 51.39. And the median was 66.29.

LGSXY's Days Payable is ranked worse than
61.36% of 383 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.38 vs LGSXY: 51.39

Light's Days Payable increased from Dec. 2023 (48.43) to Dec. 2024 (51.27). It may suggest that Light delayed paying its suppliers.

Light Days Payable Historical Data

The historical data trend for Light'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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Light Days Payable Chart

Light Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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122.52

86.81

56.74

50.40

63.67

Light 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															48.43	52.45	53.45	47.84	51.27

Competitive Comparison of Light's Days Payable

For the Utilities - Renewable subindustry, Light'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.

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

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

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

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Light 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.

Light'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
=	( (348.357	+	369.27)	/	2 )	/	2056.835	*	365
=	358.8135					/	2056.835	*	365
=	63.67

Light'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
=	( (291.658	+	369.27)	/	2 )	/	588.114	*	365 / 4
=	330.464					/	588.114	*	365 / 4
=	51.27

Light Days Payable Related Terms

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Light Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Light SA (OTCPK:LGSXY) » Definitions » Days Payable

Comparable Companies

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LIGT3:Brazil

Address

Rua Marechal Floriano, nº 168, block 1 – 2nd floor, Rio de Janeiro, RJ, BRA, 20080-002

Website

https://ri.light.com.br

Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. The company generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives maximum of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. The company operates in three segments namely: Distribution, Generation and Trading, out of which maximum revenue is generated from Distribution segment.