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Infinis Energy (LSE:INFI) Days Payable : 7.90 (As of Sep. 2015)


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What is Infinis Energy Days Payable?

Infinis Energy's average Accounts Payable for the six months ended in Sep. 2015 was £2.7 Mil. Infinis Energy's Cost of Goods Sold for the six months ended in Sep. 2015 was £62.3 Mil. Hence, Infinis Energy's Days Payable for the six months ended in Sep. 2015 was 7.90.

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

LSE:INFI' s Days Payable Range Over the Past 10 Years
Min: 7.53   Med: 14.41   Max: 25.51
Current: 7.53

During the past 5 years, Infinis Energy's highest Days Payable was 25.51. The lowest was 7.53. And the median was 14.41.

LSE:INFI's Days Payable is not ranked
in the Utilities - Regulated industry.
Industry Median: 66.38 vs LSE:INFI: 7.53

Infinis Energy's Days Payable declined from Sep. 2014 (14.66) to Sep. 2015 (7.90). It may suggest that Infinis Energy accelerated paying its suppliers.


Infinis Energy Days Payable Historical Data

The historical data trend for Infinis Energy'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.

Infinis Energy Days Payable Chart

Infinis Energy Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15
Days Payable
24.76 17.09 18.91 19.47 10.93

Infinis Energy Semi-Annual Data
Mar11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15
Days Payable Get a 7-Day Free Trial Premium Member Only 128.82 117.50 14.66 7.38 7.90

Competitive Comparison of Infinis Energy's Days Payable

For the Utilities - Diversified subindustry, Infinis Energy'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.


Infinis Energy's Days Payable Distribution in the Utilities - Regulated Industry

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

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



Infinis Energy 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.

Infinis Energy's Days Payable for the fiscal year that ended in Mar. 2015 is calculated as

Days Payable (A: Mar. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2014 ) + Accounts Payable (A: Mar. 2015 )) / count ) / Cost of Goods Sold (A: Mar. 2015 )*Days in Period
=( (5.104 + 2.697) / 2 ) / 130.283*365
=3.9005 / 130.283*365
=10.93

Infinis Energy's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable (Q: Sep. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2015 ) + Accounts Payable (Q: Sep. 2015 )) / count ) / Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=( (2.697 + 0) / 1 ) / 62.294*365 / 2
=2.697 / 62.294*365 / 2
=7.90

* 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.


Infinis Energy Days Payable Related Terms

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Infinis Energy (LSE:INFI) Business Description

Traded in Other Exchanges
N/A
Address
Infinis Energy PLC was incorporated on October 2, 2013. The Company is a renewable energy producer. It is engaged in developing, constructing and operating renewable power plants. It operates power generating plants in United Kingdom with a total installed capacity of 610 MW. The Company has three main divisions: the landfill gas business, the onshore wind business and the hydro business.

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