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Musandam Power CoOG (MUS:MSPW) Days Payable : 287.51 (As of Dec. 2023)


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What is Musandam Power CoOG Days Payable?

Musandam Power CoOG's average Accounts Payable for the three months ended in Dec. 2023 was ر.ع9.42 Mil. Musandam Power CoOG's Cost of Goods Sold for the three months ended in Dec. 2023 was ر.ع2.99 Mil. Hence, Musandam Power CoOG's Days Payable for the three months ended in Dec. 2023 was 287.51.

The historical rank and industry rank for Musandam Power CoOG's Days Payable or its related term are showing as below:

MUS:MSPW' s Days Payable Range Over the Past 10 Years
Min: 99.26   Med: 292.59   Max: 541.16
Current: 422.57

During the past 6 years, Musandam Power CoOG's highest Days Payable was 541.16. The lowest was 99.26. And the median was 292.59.

MUS:MSPW's Days Payable is ranked better than
83.8% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 77.3 vs MUS:MSPW: 422.57

Musandam Power CoOG's Days Payable declined from Dec. 2022 (621.12) to Dec. 2023 (287.51). It may suggest that Musandam Power CoOG accelerated paying its suppliers.


Musandam Power CoOG Days Payable Historical Data

The historical data trend for Musandam Power CoOG'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.

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Musandam Power CoOG Days Payable Chart

Musandam Power CoOG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 152.17 297.34 427.60 541.16 287.83

Musandam Power CoOG 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 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 621.12 674.60 467.97 442.01 287.51

Competitive Comparison of Musandam Power CoOG's Days Payable

For the Utilities - Independent Power Producers subindustry, Musandam Power CoOG'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.


Musandam Power CoOG's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Musandam Power CoOG's Days Payable distribution charts can be found below:

* The bar in red indicates where Musandam Power CoOG's Days Payable falls into.



Musandam Power CoOG 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.

Musandam Power CoOG'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
=( (19.324 + 0.01) / 2 ) / 12.259*365
=9.667 / 12.259*365
=287.83

Musandam Power CoOG'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
=( (18.838 + 0.01) / 2 ) / 2.991*365 / 4
=9.424 / 2.991*365 / 4
=287.51

* 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.


Musandam Power CoOG Days Payable Related Terms

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Musandam Power CoOG (MUS:MSPW) Business Description

Traded in Other Exchanges
N/A
Address
Al Rawaq Building, 2nd Floor, Office No.206, Al Qurum, OMN
Musandam Power Co SAOG is the owner of an independent power plant in the Musandam region of the Sultanate of Oman. It is the owner of the first independent power plant in the Musandam region. With a contracted power capacity of 120 MW, the company caters to the current and near-term demand of the region and is a proud contributor to its development aspirations.

Musandam Power CoOG (MUS:MSPW) Headlines

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