Rosseti South PJSC (MIC:MRKY) Days Payable: 60.54 (As of Dec. 2023)

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What is Rosseti South PJSC Days Payable?

Rosseti South PJSC MIC:MRKY -0.45% Days Payable is 60.54 as of Dec. 2023.

Rosseti South PJSC's average Accounts Payable for the three months ended in Dec. 2023 was ₽4,898 Mil. Rosseti South PJSC's Cost of Goods Sold for the three months ended in Dec. 2023 was ₽7,382 Mil. Hence, Rosseti South PJSC's Days Payable for the three months ended in Dec. 2023 was 60.54.

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

MIC:MRKY's Days Payable is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 70.32
* Ranked among companies with meaningful Days Payable only.

Rosseti South PJSC's Days Payable declined from Dec. 2022 (87.93) to Dec. 2023 (60.54). It may suggest that Rosseti South PJSC accelerated paying its suppliers.

Rosseti South PJSC Days Payable Related Terms

Rosseti South PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for Rosseti South 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.

Rosseti South PJSC Days Payable Chart

Rosseti South PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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113.96

116.74

92.10

105.02

86.86

Rosseti South PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															87.93	90.25	81.22	64.93	60.54

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

For the Utilities - Regulated Electric subindustry, Rosseti South 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.

Rosseti South PJSC Days Payable vs Utilities - Regulated Industry

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

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

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Rosseti South 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.

Rosseti South PJSC'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
=	( (7901.598	+	5331.288)	/	2 )	/	27802.339	*	365
=	6616.443					/	27802.339	*	365
=	86.86

Rosseti South PJSC'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4464.276	+	5331.288)	/	2 )	/	7382.314	*	365 / 4
=	4897.782					/	7382.314	*	365 / 4
=	60.54

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 60.54 mean?

Rosseti South PJSC (MIC:MRKY) has a Days Payable of 60.54 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rosseti South PJSC and its competitors.

Is Rosseti South PJSC's Days Payable too high?

Rosseti South PJSC's current Days Payable is 60.54. The Utilities - Regulated industry median Days Payable is 70.32. Rosseti South PJSC's value of 60.54 is 13.9% below this industry median.

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

Rosseti South PJSC's Days Payable of 60.54 can be compared against companies in the Utilities - Regulated industry. The industry median Days Payable is 70.32. Rosseti South PJSC's value of 60.54 is 13.9% 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 70.32, based on 482 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. Rosseti South PJSC's current Days Payable of 60.54 is 13.9% 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 Rosseti South PJSC and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rosseti South PJSC's current Days Payable is 60.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Rosseti South PJSC stock overvalued right now?

Rosseti South PJSC (MIC:MRKY) has a current Days Payable of 60.54. The current Days Payable is 60.54 and 13.9% below the Utilities - Regulated industry median of 70.32. 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 Rosseti South PJSC (MIC:MRKY), the current Days Payable is 60.54 as of Dec. 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.

Rosseti South PJSC Business Description

Industry Utilities Utilities - Regulated

Comparable Companies MIC:KBSB MIC:RZSB MIC:MRKZ MIC:SAGO MIC:VGSB MIC:KRSB MIC:MRKV MIC:TASB MIC:SARE MIC:NNSB NEE SO DUK LSE:NG.AEP D PCG PEG BOM:532555 XEL

Address 49/42 Bolshaya Sadovaya Street, Rostov-on-Don, RUS, 344002

Website https://www.rosseti-yug.ru

Rosseti South PJSC is operating in the electric power industry. The principal business activities of the company are electric power distribution, electric power transmission, and electric grid operations.