OGE (OGE Energy) Days Payable : 49.90 (As of Sep. 2024)

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What is OGE Energy Days Payable?

OGE Energy's average Accounts Payable for the three months ended in Sep. 2024 was $263 Mil. OGE Energy's Cost of Goods Sold for the three months ended in Sep. 2024 was $482 Mil. Hence, OGE Energy's Days Payable for the three months ended in Sep. 2024 was 49.90.

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

OGE' s Days Payable Range Over the Past 10 Years
Min: 37.02 Med: 61.59 Max: 93.59
Current: 63.74

During the past 13 years, OGE Energy's highest Days Payable was 93.59. The lowest was 37.02. And the median was 61.59.

OGE's Days Payable is ranked worse than
52.69% of 484 companies
in the Utilities - Regulated industry
Industry Median: 68.005 vs OGE: 63.74

OGE Energy's Days Payable declined from Sep. 2023 (61.83) to Sep. 2024 (49.90). It may suggest that OGE Energy accelerated paying its suppliers.

OGE Energy Days Payable Historical Data

The historical data trend for OGE Energy'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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OGE Energy Days Payable Chart

OGE Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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61.97

73.57

37.02

60.97

93.59

OGE Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															61.83	80.93	61.10	65.94	49.90

Competitive Comparison of OGE Energy's Days Payable

For the Utilities - Regulated Electric subindustry, OGE Energy'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.

OGE Energy's Days Payable Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where OGE Energy's Days Payable falls into.

OGE Energy 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.

OGE Energy'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
=	( (448.9	+	276.4)	/	2 )	/	1414.3	*	365
=	362.65					/	1414.3	*	365
=	93.59

OGE Energy's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (256.8	+	269.8)	/	2 )	/	481.5	*	365 / 4
=	263.3					/	481.5	*	365 / 4
=	49.90

OGE Energy Days Payable Related Terms

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OGE Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » OGE Energy Corp (NYSE:OGE) » Definitions » Days Payable

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Traded in Other Exchanges

OG5:Germany OG5:Germany

Address

321 North Harvey, P.O. Box 321, Oklahoma, OK, USA, 73101-0321

Website

https://www.ogeenergy.com

OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility with electricity generation, transmission, and distribution to 900,000 customers in Oklahoma and western Arkansas. In December 2021, OGE divested its 25.5% stake in Enable Midstream Partners, an oil and gas services company it created in 2013 through a unit exchange merger with Energy Transfer. OGE sold its 95.4 million limited partner units of Energy Transfer throughout 2022. OGE sold its retail gas business in 1928 and no longer has any gas operations.

Executives

Cristina F Mcquistion	officer: VP Process & Perf Improvement	P.O. BOX 321, OKLAHOMA CITY OK 73101
David L Hauser	director	704-731-1522, CHARLOTTE NC 28209-4674
Cathy R. Gates	director	C/O TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
David E Rainbolt	director	C/O BANCFIRST CORP, 100 N BROADWAY, OKLAHOMA CITY OK 73102
Whitfield Johnny W Jr	officer: VP Bus Intel, Supp Chain-OG&E	PO BOX 321, OKLAHOMA CITY OK 73101
Keith E Erickson	officer: VP Sales & Cust Oper (OG&E)	PO BOX 321, OKLAHOMA CITY OK 73101
Patricia D Horn	officer: VP-Gov, Env; Corp Sec	PO BOX 321, OKLAHOMA CITY OK 73101
David A Parker	officer: VP- Tech, Data, Security-OG&E	PO BOX 321, OKLAHOMA CITY OK 73101
Kissam Luther C Iv	director	3801 BERESFORD ROAD, CHARLOTTE NC 28211
Christine Ostendorf Woodworth	officer: VP- Corp Com Brand & Marketing	C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73101
J. Michael Sanner	director	3701 STONEHURST, JONES OK 73049
Scott A Briggs	officer: VP- Human Resources-OG&E	PO BOX 321, OKLAHOMA CITY OK 73103
Robert J Burch	officer: VP- Utility Technical Services	PO BOX 321, OKLAHOMA CITY OK 73101
Matthew J Schuermann	officer: VP- Power Supply Ops-OG&E	PO BOX 321, OKLAHOMA CITY OK 73101
William Bryan Buckler	officer: Chief Financial Officer	C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73103