Velcan Holdings (LUX:VLCN) Days Payable : 1,555.60 (As of Dec. 2023)

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What is Velcan Holdings Days Payable?

Velcan Holdings's average Accounts Payable for the six months ended in Dec. 2023 was €1.07 Mil. Velcan Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.13 Mil. Hence, Velcan Holdings's Days Payable for the six months ended in Dec. 2023 was 1,555.60.

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

LUX:VLCN' s Days Payable Range Over the Past 10 Years
Min: 38.85 Med: 651.59 Max: 4955.49
Current: 3819.95

During the past 13 years, Velcan Holdings's highest Days Payable was 4955.49. The lowest was 38.85. And the median was 651.59.

LUX:VLCN's Days Payable is ranked better than
97.42% of 388 companies
in the Utilities - Independent Power Producers industry
Industry Median: 77.405 vs LUX:VLCN: 3819.95

Velcan Holdings's Days Payable declined from Dec. 2022 (1,687.10) to Dec. 2023 (1,555.60). It may suggest that Velcan Holdings accelerated paying its suppliers.

Velcan Holdings Days Payable Historical Data

The historical data trend for Velcan Holdings'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.

Velcan Holdings Days Payable Chart

Velcan Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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942.45

371.80

690.31

4,955.49

4,013.55

Velcan Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															426.38	9,943.21	1,687.10	-	1,555.60

Competitive Comparison of Velcan Holdings's Days Payable

For the Utilities - Renewable subindustry, Velcan Holdings'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.

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

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

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

Velcan Holdings 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.

Velcan Holdings'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
=	( (1.808	+	0.963)	/	2 )	/	0.126	*	365
=	1.3855					/	0.126	*	365
=	4,013.55

Velcan Holdings'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
=	( (1.185	+	0.963)	/	2 )	/	0.126	*	365 / 2
=	1.074					/	0.126	*	365 / 2
=	1,555.60

Velcan Holdings Days Payable Related Terms

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Velcan Holdings (LUX:VLCN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Velcan Holdings (LUX:VLCN) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

11, Avenue Guillaume, Luxembourg, LUX, L-1651

Website

https://www.velcan.lu

Velcan Holdings is a France based hydropower producing company. It develops, finances, and operates hydropower business located in India and Brazil. The company plants include Rodeio Bonito hydropower plant which is located at Santa Catalina, Brazil, Pauk HEP, Tato-1 HEP, and Heo HEP project located in India.