Citicore Renewable Energy (PHS:CREC) Days Payable : 46.32 (As of Jun. 2024)

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What is Citicore Renewable Energy Days Payable?

Citicore Renewable Energy's average Accounts Payable for the three months ended in Jun. 2024 was ₱712 Mil. Citicore Renewable Energy's Cost of Goods Sold for the three months ended in Jun. 2024 was ₱1,402 Mil. Hence, Citicore Renewable Energy's Days Payable for the three months ended in Jun. 2024 was 46.32.

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

PHS:CREC' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 185.29
Current: 185.29

During the past 0 years, Citicore Renewable Energy's highest Days Payable was 185.29. The lowest was 0.00. And the median was 0.00.

PHS:CREC's Days Payable is ranked better than
73.3% of 382 companies
in the Utilities - Independent Power Producers industry
Industry Median: 83.015 vs PHS:CREC: 185.29

Citicore Renewable Energy's Days Payable increased from . 20 (0.00) to Jun. 2024 (46.32). It may suggest that Citicore Renewable Energy delayed paying its suppliers.

Citicore Renewable Energy Days Payable Historical Data

The historical data trend for Citicore Renewable 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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Citicore Renewable Energy Days Payable Chart

Citicore Renewable Energy Annual Data

Trend

Days Payable

Citicore Renewable Energy Quarterly Data
	Jun23	Jun24
Days Payable	-	46.32

Competitive Comparison of Citicore Renewable Energy's Days Payable

For the Utilities - Renewable subindustry, Citicore Renewable 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.

Citicore Renewable Energy's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

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

Citicore Renewable 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.

Citicore Renewable Energy's Days Payable for the fiscal year that ended in . 20 is calculated as

	Days Payable (A: . 20 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: . 20 )	+	Accounts Payable (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

Citicore Renewable Energy's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0	+	711.522)	/	1 )	/	1401.605	*	365 / 4
=	711.522					/	1401.605	*	365 / 4
=	46.32

Citicore Renewable Energy Days Payable Related Terms

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Citicore Renewable Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Citicore Renewable Energy Corp (PHS:CREC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Santolan Road, Little Baguio, 11th Floor, Rockwell Santolan Town Plaza, San Juan, LUN, PHL

Website

https://www.crec.com.ph

Citicore Renewable Energy Corp is a company that is pure renewable energy developer and operator of solar, run-of-river hydro, and off-shore wind energy platforms in the country. Its renewable energy portfolio consists entirely of operating solar power plants. It also has over five Gigawatts of project pipelines in varying stages of development.

Citicore Renewable Energy Headlines

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