Far-Eastern Energy Co PJSC (MIC:DVEC) Days Payable: 23.88 (As of Jun. 2023)


MIC:DVEC Far-Eastern Energy Co PJSC MIC:DVEC
17 GF Score
Price ₽1.32
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What is Far-Eastern Energy Co PJSC Days Payable?

Far-Eastern Energy Co PJSC MIC:DVEC +2.24% 17 Days Payable is 23.88 as of Jun. 2023. GuruFocus rates MIC:DVEC with a GF Score™ of 17/100.

Far-Eastern Energy Co PJSC's average Accounts Payable for the six months ended in Jun. 2023 was ₽7,155 Mil. Far-Eastern Energy Co PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽54,669 Mil. Hence, Far-Eastern Energy Co PJSC's Days Payable for the six months ended in Jun. 2023 was 23.88.

The historical rank and industry rank for Far-Eastern Energy Co PJSC's Days Payable or its related term are showing as below:

MIC:DVEC's Days Payable is not ranked *
in the Utilities - Regulated industry.
Industry Median: 70.35
* Ranked among companies with meaningful Days Payable only.

Far-Eastern Energy Co PJSC's Days Payable declined from Jun. 2022 (32.99) to Jun. 2023 (23.88). It may suggest that Far-Eastern Energy Co PJSC accelerated paying its suppliers.

Far-Eastern Energy Co PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for Far-Eastern Energy Co PJSC'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.

Far-Eastern Energy Co PJSC Days Payable Chart

Far-Eastern Energy Co PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.31 117.40 54.03 33.80 34.70

Far-Eastern Energy Co PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.14 24.17 32.99 20.27 23.88

MIC:DVEC vs NEE, SO, DUK: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, Far-Eastern Energy Co PJSC'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.

Far-Eastern Energy Co PJSC Days Payable vs Utilities - Regulated Industry

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

* The bar in red indicates where Far-Eastern Energy Co PJSC's Days Payable falls into.


MIC:DVEC
17GF Score
Far-Eastern Energy Co PJSC MIC:DVEC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Far-Eastern Energy Co PJSC 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.

Far-Eastern Energy Co PJSC's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (9907 + 7713) / 2 ) / 92657*365
=8810 / 92657*365
=34.70

Far-Eastern Energy Co PJSC's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (7713 + 6596) / 2 ) / 54669*365 / 2
=7154.5 / 54669*365 / 2
=23.88

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 23.88 mean?
Far-Eastern Energy Co PJSC (MIC:DVEC) has a Days Payable of 23.88 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Far-Eastern Energy Co PJSC and its competitors.
Is Far-Eastern Energy Co PJSC's Days Payable too high?
Far-Eastern Energy Co PJSC's current Days Payable is 23.88. The Utilities - Regulated industry median Days Payable is 70.35. Far-Eastern Energy Co PJSC's value of 23.88 is 66.1% below this industry median. Overall, Far-Eastern Energy Co PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Far-Eastern Energy Co PJSC's Days Payable compare to NEE and SO?
Far-Eastern Energy Co PJSC's Days Payable of 23.88 can be compared against companies in the Utilities - Regulated industry. The industry median Days Payable is 70.35. Far-Eastern Energy Co PJSC's value of 23.88 is 66.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 481 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Far-Eastern Energy Co PJSC's current Days Payable of 23.88 is 66.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Far-Eastern Energy Co PJSC and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far-Eastern Energy Co PJSC's current Days Payable is 23.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far-Eastern Energy Co PJSC stock overvalued right now?
Far-Eastern Energy Co PJSC (MIC:DVEC) has a current Days Payable of 23.88. The current Days Payable is 23.88 and 66.1% below the Utilities - Regulated industry median of 70.35. Far-Eastern Energy Co PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Far-Eastern Energy Co PJSC (MIC:DVEC), the current Days Payable is 23.88 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Far-Eastern Energy Co PJSC Business Description

Address ul. Tigrovaya, 19, Primorsky Territory, Vladivostok, RUS, 690091
Far-Eastern Energy Co PJSC formerly Far East Energy Co PJSC supplies electricity to households and businesses.
17GF Score

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