Southern Hydropower Joint Stock Company (STC:SHP) Days Payable : 9.08 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Southern Hydropower Joint Stock Company Days Payable?

Southern Hydropower Joint Stock Company's average Accounts Payable for the three months ended in Mar. 2024 was ₫5,542 Mil. Southern Hydropower Joint Stock Company's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫55,724 Mil. Hence, Southern Hydropower Joint Stock Company's Days Payable for the three months ended in Mar. 2024 was 9.08.

The historical rank and industry rank for Southern Hydropower Joint Stock Company's Days Payable or its related term are showing as below:

STC:SHP' s Days Payable Range Over the Past 10 Years
Min: 1.68 Med: 2.68 Max: 149.6
Current: 4.18

During the past 13 years, Southern Hydropower Joint Stock Company's highest Days Payable was 149.60. The lowest was 1.68. And the median was 2.68.

STC:SHP's Days Payable is ranked worse than
99.8% of 491 companies
in the Utilities - Regulated industry
Industry Median: 66.38 vs STC:SHP: 4.18

Southern Hydropower Joint Stock Company's Days Payable increased from Mar. 2023 (3.22) to Mar. 2024 (9.08). It may suggest that Southern Hydropower Joint Stock Company delayed paying its suppliers.

Southern Hydropower Joint Stock Company Days Payable Historical Data

The historical data trend for Southern Hydropower Joint Stock Company'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.

* Premium members only.

Southern Hydropower Joint Stock Company Days Payable Chart

Southern Hydropower Joint Stock Company Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

2.44

2.41

2.54

2.81

3.72

Southern Hydropower Joint Stock Company 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															3.22	1.77	2.35	4.20	9.08

Competitive Comparison of Southern Hydropower Joint Stock Company's Days Payable

For the Utilities - Diversified subindustry, Southern Hydropower Joint Stock Company'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.

Southern Hydropower Joint Stock Company's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Southern Hydropower Joint Stock Company's Days Payable distribution charts can be found below:

* The bar in red indicates where Southern Hydropower Joint Stock Company's Days Payable falls into.

Southern Hydropower Joint Stock Company 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.

Southern Hydropower Joint Stock Company'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
=	( (2263.169	+	4123.748)	/	2 )	/	312961.99	*	365
=	3193.4585					/	312961.99	*	365
=	3.72

Southern Hydropower Joint Stock Company'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
=	( (4123.748	+	6961.237)	/	2 )	/	55723.51	*	365 / 4
=	5542.4925					/	55723.51	*	365 / 4
=	9.08

Southern Hydropower Joint Stock Company Days Payable Related Terms

Thank you for viewing the detailed overview of Southern Hydropower Joint Stock Company's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Southern Hydropower Joint Stock Company (STC:SHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Southern Hydropower Joint Stock Company (STC:SHP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Vo Thi Sau street, Unit.106, 1st Floor, Citilight Building, District 1, Ho Chi Minh City, VNM

Website

http://www.shp.vn

Southern Hydropower Joint Stock Company is a Vietnam based company operating in the electric utilities industry. The company is involved investment in hydropower projects, operating and managing hydropower plants, producing and trading electricity, supervising construction of hydropower plants and installation of hydropower plant equipment. The company's hydropower plants are Da Siat, Da Dang 2 and Da M'bri.

Southern Hydropower Joint Stock Company (STC:SHP) Headlines

No Headlines