Mast Energy Developments (LSE:MAST) Days Payable : 1,323.59 (As of Dec. 2023)

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What is Mast Energy Developments Days Payable?

Mast Energy Developments's average Accounts Payable for the six months ended in Dec. 2023 was £0.72 Mil. Mast Energy Developments's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.10 Mil. Hence, Mast Energy Developments's Days Payable for the six months ended in Dec. 2023 was 1,323.59.

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

LSE:MAST' s Days Payable Range Over the Past 10 Years
Min: 131.19 Med: 571.55 Max: 1011.9
Current: 942.92

During the past 3 years, Mast Energy Developments's highest Days Payable was 1011.90. The lowest was 131.19. And the median was 571.55.

LSE:MAST's Days Payable is ranked better than
92.07% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs LSE:MAST: 942.92

Mast Energy Developments's Days Payable increased from Dec. 2022 (87.20) to Dec. 2023 (1,323.59). It may suggest that Mast Energy Developments delayed paying its suppliers.

Mast Energy Developments Days Payable Historical Data

The historical data trend for Mast Energy Developments'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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Mast Energy Developments Days Payable Chart

Mast Energy Developments Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

131.19

1,011.90

Mast Energy Developments Semi-Annual Data
	Mar20	Mar21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	136.88	87.20	579.62	1,323.59

Competitive Comparison of Mast Energy Developments's Days Payable

For the Utilities - Renewable subindustry, Mast Energy Developments'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.

Mast Energy Developments's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

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

Mast Energy Developments 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.

Mast Energy Developments'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
=	( (0.3	+	0.942)	/	2 )	/	0.224	*	365
=	0.621					/	0.224	*	365
=	1,011.90

Mast Energy Developments'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.494	+	0.942)	/	2 )	/	0.099	*	365 / 2
=	0.718					/	0.099	*	365 / 2
=	1,323.59

Mast Energy Developments Days Payable Related Terms

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Mast Energy Developments (LSE:MAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mast Energy Developments PLC (LSE:MAST) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

97D:Germany

Address

Salisbury House, London Wall, London, GBR, EC2M 5PS

Website

https://www.med.energy

Mast Energy Developments PLC is a UK-based multi-asset operator in the Reserve Power market. The company's business is to acquire and develop a portfolio of flexible small-scale power generation assets, exploiting a growing niche market in the UK for reserve power generation to balance out the national grid at critical times.

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