Territorial Generating Co No 1 PJSC (MIC:TGKA) Days Payable: 32.70 (As of Sep. 2023)


What is Territorial Generating Co No 1 PJSC Days Payable?

Territorial Generating Co No 1 PJSC MIC:TGKA +6.86% Days Payable is 32.70 as of Sep. 2023.

Territorial Generating Co No 1 PJSC's average Accounts Payable for the three months ended in Sep. 2023 was ₽2,719 Mil. Territorial Generating Co No 1 PJSC's Cost of Goods Sold for the three months ended in Sep. 2023 was ₽7,587 Mil. Hence, Territorial Generating Co No 1 PJSC's Days Payable for the three months ended in Sep. 2023 was 32.70.

The historical rank and industry rank for Territorial Generating Co No 1 PJSC's Days Payable or its related term are showing as below:

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

Territorial Generating Co No 1 PJSC's Days Payable increased from Mar. 2022 (23.47) to Sep. 2023 (32.70). It may suggest that Territorial Generating Co No 1 PJSC delayed paying its suppliers.

Territorial Generating Co No 1 PJSC Days Payable Related Terms

Territorial Generating Co No 1 PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for Territorial Generating Co No 1 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.

Territorial Generating Co No 1 PJSC Days Payable Chart

Territorial Generating Co No 1 PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.77 34.45 35.80 41.36 34.50

Territorial Generating Co No 1 PJSC Quarterly Data
Jun17 Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 23.47 35.89 0.00 20.75 32.70

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

For the Utilities - Regulated Electric subindustry, Territorial Generating Co No 1 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.

Territorial Generating Co No 1 PJSC Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Territorial Generating Co No 1 PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Territorial Generating Co No 1 PJSC's Days Payable falls into.


Territorial Generating Co No 1 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.

Territorial Generating Co No 1 PJSC's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (5161 + 5783) / 2 ) / 57888*365
=5472 / 57888*365
=34.50

Territorial Generating Co No 1 PJSC's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (2495 + 2943) / 2 ) / 7587*365 / 4
=2719 / 7587*365 / 4
=32.70

* 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 32.70 mean?
Territorial Generating Co No 1 PJSC (MIC:TGKA) has a Days Payable of 32.70 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Territorial Generating Co No 1 PJSC and its competitors.
Is Territorial Generating Co No 1 PJSC's Days Payable too high?
Territorial Generating Co No 1 PJSC's current Days Payable is 32.70. The Utilities - Regulated industry median Days Payable is 70.35. Territorial Generating Co No 1 PJSC's value of 32.70 is 53.5% below this industry median.
How does Territorial Generating Co No 1 PJSC's Days Payable compare to NEE and SO?
Territorial Generating Co No 1 PJSC's Days Payable of 32.70 can be compared against companies in the Utilities - Regulated industry. The industry median Days Payable is 70.35. Territorial Generating Co No 1 PJSC's value of 32.70 is 53.5% 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. Territorial Generating Co No 1 PJSC's current Days Payable of 32.70 is 53.5% 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 Territorial Generating Co No 1 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. Territorial Generating Co No 1 PJSC's current Days Payable is 32.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Territorial Generating Co No 1 PJSC stock overvalued right now?
Territorial Generating Co No 1 PJSC (MIC:TGKA) has a current Days Payable of 32.70. The current Days Payable is 32.70 and 53.5% below the Utilities - Regulated industry median of 70.35. 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 Territorial Generating Co No 1 PJSC (MIC:TGKA), the current Days Payable is 32.70 as of Sep. 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.

Territorial Generating Co No 1 PJSC Business Description

Address 16 Dobrolyubova Prospect, 2A Building, Litera A, Arena Hall Business Centre, Saint Petersburg, RUS, 197198
Territorial Generating Co No 1 PJSC is involved in the production of electricity and heat in the North-West region of Russia. It operates approximately 52 electric generating stations in four regions of Russia: St. Petersburg, Republic of Karelia, Leningrad Oblast, and Murmansk Oblast. The company's operating segment includes TPP of Nevsky branch, HPS of Nevsky branch. Heating Grid, Kolsky branch, Karelsky branch and Murmanskaya TPP. It generates maximum revenue from the TPP of Nevsky branch.