Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) Days Payable : 389.88 (As of Mar. 2024)

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What is Petrovietnam Power Nhon Trach 2 JSC Days Payable?

Petrovietnam Power Nhon Trach 2 JSC's average Accounts Payable for the three months ended in Mar. 2024 was ₫2,082,040 Mil. Petrovietnam Power Nhon Trach 2 JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫487,297 Mil. Hence, Petrovietnam Power Nhon Trach 2 JSC's Days Payable for the three months ended in Mar. 2024 was 389.88.

The historical rank and industry rank for Petrovietnam Power Nhon Trach 2 JSC's Days Payable or its related term are showing as below:

STC:NT2' s Days Payable Range Over the Past 10 Years
Min: 20.81 Med: 37.06 Max: 180.05
Current: 180.05

During the past 6 years, Petrovietnam Power Nhon Trach 2 JSC's highest Days Payable was 180.05. The lowest was 20.81. And the median was 37.06.

STC:NT2's Days Payable is ranked better than
82.11% of 492 companies
in the Utilities - Regulated industry
Industry Median: 66.43 vs STC:NT2: 180.05

Petrovietnam Power Nhon Trach 2 JSC's Days Payable increased from Mar. 2023 (59.13) to Mar. 2024 (389.88). It may suggest that Petrovietnam Power Nhon Trach 2 JSC delayed paying its suppliers.

Petrovietnam Power Nhon Trach 2 JSC Days Payable Historical Data

The historical data trend for Petrovietnam Power Nhon Trach 2 JSC'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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Petrovietnam Power Nhon Trach 2 JSC Days Payable Chart

Petrovietnam Power Nhon Trach 2 JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.98

20.81

47.69

42.71

76.08

Petrovietnam Power Nhon Trach 2 JSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															59.13	102.42	242.10	182.95	389.88

Competitive Comparison of Petrovietnam Power Nhon Trach 2 JSC's Days Payable

For the Utilities - Regulated Electric subindustry, Petrovietnam Power Nhon Trach 2 JSC'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.

Petrovietnam Power Nhon Trach 2 JSC's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Petrovietnam Power Nhon Trach 2 JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Petrovietnam Power Nhon Trach 2 JSC's Days Payable falls into.

Petrovietnam Power Nhon Trach 2 JSC 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.

Petrovietnam Power Nhon Trach 2 JSC'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
=	( (769502.112	+	1679947.44)	/	2 )	/	5875592.17	*	365
=	1224724.776					/	5875592.17	*	365
=	76.08

Petrovietnam Power Nhon Trach 2 JSC'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
=	( (1679947.44	+	2484132.566)	/	2 )	/	487297.276	*	365 / 4
=	2082040.003					/	487297.276	*	365 / 4
=	389.88

Petrovietnam Power Nhon Trach 2 JSC Days Payable Related Terms

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Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Petroleum Power Center, Phuoc Khanh Commune, Nhon Trach district, Dong Nai, VNM

Website

https://www.pvpnt2.vn

Petrovietnam Power Nhon Trach 2 Joint Stock Co is a Vietnam-based company engaged in power generation, transmission, and distribution. It also provides support activities like service activities for water transport, Architectural activities, wholesale of solid, liquid, and gaseous fuels, warehousing and storage of food, freight transport by road, wholesale of machinery, freight inland waterway, and vocational education.

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