SP New Energy (PHS:SPNEC) Days Payable : 207.31 (As of Mar. 2024)

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What is SP New Energy Days Payable?

SP New Energy's average Accounts Payable for the three months ended in Mar. 2024 was ₱272.8 Mil. SP New Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱120.1 Mil. Hence, SP New Energy's Days Payable for the three months ended in Mar. 2024 was 207.31.

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

PHS:SPNEC' s Days Payable Range Over the Past 10 Years
Min: 153.28 Med: 261.27 Max: 261.27
Current: 153.28

During the past 6 years, SP New Energy's highest Days Payable was 261.27. The lowest was 153.28. And the median was 261.27.

PHS:SPNEC's Days Payable is ranked better than
69.41% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs PHS:SPNEC: 153.28

SP New Energy's Days Payable increased from Dec. 2022 (0.00) to Mar. 2024 (207.31). It may suggest that SP New Energy delayed paying its suppliers.

SP New Energy Days Payable Historical Data

The historical data trend for SP New 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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SP New Energy Days Payable Chart

SP New Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Jun22

Dec23

Days Payable

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261.27

SP New Energy Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									-	-	52.88	101.54	207.31

Competitive Comparison of SP New Energy's Days Payable

For the Utilities - Renewable subindustry, SP New 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.

SP New Energy's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

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

SP New 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.

SP New 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: Jun. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	234.141)	/	1 )	/	327.103	*	365
=	234.141					/	327.103	*	365
=	261.27

SP New Energy's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (234.141	+	311.487)	/	2 )	/	120.083	*	365 / 4
=	272.814					/	120.083	*	365 / 4
=	207.31

SP New Energy Days Payable Related Terms

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SP New Energy (PHS:SPNEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SP New Energy Corp (PHS:SPNEC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

112 Legaspi Street, Legaspi Village, Brgy. San Lorenzo, Makati, PHL, 1229

Website

https://www.spnec.ph

SP New Energy Corp is a renewable energy power generation company. The primary purpose is to construct, erect, assemble, commission, operate, and maintain power-generating plants, warehouses, terminals, and related facilities for the conversion of renewable energy into a usable form fit for electricity generation and distribution.

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