Magadanenergo PJSC (MIC:MAGEP) Days Payable: 41.69 (As of Jun. 2023)

What is Magadanenergo PJSC Days Payable?

Magadanenergo PJSC MIC:MAGEP -0.29% 17 Days Payable is 41.69 as of Jun. 2023. GuruFocus rates MIC:MAGEP with a GF Score™ of 17/100.

Magadanenergo PJSC's average Accounts Payable for the six months ended in Jun. 2023 was ₽781 Mil. Magadanenergo PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽3,419 Mil. Hence, Magadanenergo PJSC's Days Payable for the six months ended in Jun. 2023 was 41.69.

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

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

Magadanenergo PJSC's Days Payable increased from Jun. 2022 (29.48) to Jun. 2023 (41.69). It may suggest that Magadanenergo PJSC delayed paying its suppliers.

Magadanenergo PJSC Days Payable Related Terms

Magadanenergo PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for Magadanenergo 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.

Magadanenergo PJSC Days Payable Chart

Magadanenergo PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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114.50

79.62

23.68

27.95

47.82

Magadanenergo 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															26.72	29.98	29.48	48.60	41.69

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

For the Utilities - Regulated Electric subindustry, Magadanenergo 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.

Magadanenergo PJSC Days Payable vs Utilities - Regulated Industry

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

* The bar in red indicates where Magadanenergo PJSC's Days Payable falls into.

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Magadanenergo PJSC MIC:MAGEP

Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.

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Magadanenergo 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.

Magadanenergo 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
=	( (471	+	974)	/	2 )	/	5515	*	365
=	722.5					/	5515	*	365
=	47.82

Magadanenergo 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
=	( (974	+	588)	/	2 )	/	3419	*	365 / 2
=	781					/	3419	*	365 / 2
=	41.69

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 41.69 mean?

Magadanenergo PJSC (MIC:MAGEP) has a Days Payable of 41.69 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 Magadanenergo PJSC and its competitors.

Is Magadanenergo PJSC's Days Payable too high?

Magadanenergo PJSC's current Days Payable is 41.69. The Utilities - Regulated industry median Days Payable is 70.35. Magadanenergo PJSC's value of 41.69 is 40.7% below this industry median. Overall, Magadanenergo PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does Magadanenergo PJSC's Days Payable compare to NEE and SO?

Magadanenergo PJSC's Days Payable of 41.69 can be compared against companies in the Utilities - Regulated industry. The industry median Days Payable is 70.35. Magadanenergo PJSC's value of 41.69 is 40.7% 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 483 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. Magadanenergo PJSC's current Days Payable of 41.69 is 40.7% 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 Magadanenergo 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. Magadanenergo PJSC's current Days Payable is 41.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Magadanenergo PJSC stock overvalued right now?

Magadanenergo PJSC (MIC:MAGEP) has a current Days Payable of 41.69. The current Days Payable is 41.69 and 40.7% below the Utilities - Regulated industry median of 70.35. Magadanenergo 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 Magadanenergo PJSC (MIC:MAGEP), the current Days Payable is 41.69 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.

Magadanenergo PJSC Business Description

Industry Utilities Utilities - Regulated

Comparable Companies MIC:STSB MIC:TASB MIC:KTSB MIC:TORS MIC:ASSB MIC:KLSB MIC:MRSB MIC:VGSB MIC:RZSB MIC:YKEN NEE SO DUK LSE:NG.PCG AEP EXC D XEL ED

Address 24 Sovetskaya Street, Magadan, RUS, 685017

Website http://www.magadanenergo.ru

Magadanenergo PJSC is a Russia-based company engaged in the production of electricity and heat, it's transmission and marketing to end-users, and carries out repair and commissioning work at power facilities.

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