Kurgan Generating Company PJSC (MIC:KGKC) Days Payable: 103.27 (As of Jun. 2023)


What is Kurgan Generating Company PJSC Days Payable?

Kurgan Generating Company PJSC MIC:KGKC -0.92% 17 Days Payable is 103.27 as of Jun. 2023. GuruFocus rates MIC:KGKC with a GF Score™ of 17/100.

Kurgan Generating Company PJSC's average Accounts Payable for the six months ended in Jun. 2023 was ₽1,803 Mil. Kurgan Generating Company PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽3,186 Mil. Hence, Kurgan Generating Company PJSC's Days Payable for the six months ended in Jun. 2023 was 103.27.

The historical rank and industry rank for Kurgan Generating Company PJSC's Days Payable or its related term are showing as below:

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

Kurgan Generating Company PJSC's Days Payable increased from Jun. 2022 (83.62) to Jun. 2023 (103.27). It may suggest that Kurgan Generating Company PJSC delayed paying its suppliers.


Kurgan Generating Company PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for Kurgan Generating Company 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.

Kurgan Generating Company PJSC Days Payable Chart

Kurgan Generating Company 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 92.53 67.17 53.90 71.14 110.96

Kurgan Generating Company 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 54.64 71.75 83.62 120.37 103.27

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

For the Utilities - Regulated Electric subindustry, Kurgan Generating Company 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.


Kurgan Generating Company PJSC Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kurgan Generating Company PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Kurgan Generating Company PJSC's Days Payable falls into.



Kurgan Generating Company 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.

Kurgan Generating Company 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
=( (1225.771 + 2234.347) / 2 ) / 5691.1*365
=1730.059 / 5691.1*365
=110.96

Kurgan Generating Company 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
=( (2234.347 + 1371.863) / 2 ) / 3186.464*365 / 2
=1803.105 / 3186.464*365 / 2
=103.27

* 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 103.27 mean?
Kurgan Generating Company PJSC (MIC:KGKC) has a Days Payable of 103.27 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 Kurgan Generating Company PJSC and its competitors.
Is Kurgan Generating Company PJSC's Days Payable too high?
Kurgan Generating Company PJSC's current Days Payable is 103.27. The Utilities - Regulated industry median Days Payable is 70.35. Kurgan Generating Company PJSC's value of 103.27 is 46.8% above this industry median. Overall, Kurgan Generating Company PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kurgan Generating Company PJSC's Days Payable compare to NEE and SO?
Kurgan Generating Company PJSC's Days Payable of 103.27 can be compared against companies in the Utilities - Regulated industry. The industry median Days Payable is 70.35. Kurgan Generating Company PJSC's value of 103.27 is 46.8% above 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. Kurgan Generating Company PJSC's current Days Payable of 103.27 is 46.8% above 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 Kurgan Generating Company 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. Kurgan Generating Company PJSC's current Days Payable is 103.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kurgan Generating Company PJSC stock overvalued right now?
Kurgan Generating Company PJSC (MIC:KGKC) has a current Days Payable of 103.27. The current Days Payable is 103.27 and 46.8% above the Utilities - Regulated industry median of 70.35. Kurgan Generating Company 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 Kurgan Generating Company PJSC (MIC:KGKC), the current Days Payable is 103.27 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.

Kurgan Generating Company PJSC Business Description

Address Building 29A, Constitution Avenue, Kurgan, RUS, 640000
Kurgan Generating Company PJSC formerly Kurganskaya Generiruyushchaya Kompaniya PAO produces electrical and heat energy. The company supplies electricity and power to the wholesale market, as well as supplies thermal energy to the consumers.