Thessaloniki Water Supply & Sewerage Co (STU:T9W) Days Payable : 71.62 (As of Dec. 2023)

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What is Thessaloniki Water Supply & Sewerage Co Days Payable?

Thessaloniki Water Supply & Sewerage Co's average Accounts Payable for the six months ended in Dec. 2023 was €11.79 Mil. Thessaloniki Water Supply & Sewerage Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €30.05 Mil. Hence, Thessaloniki Water Supply & Sewerage Co's Days Payable for the six months ended in Dec. 2023 was 71.62.

The historical rank and industry rank for Thessaloniki Water Supply & Sewerage Co's Days Payable or its related term are showing as below:

STU:T9W' s Days Payable Range Over the Past 10 Years
Min: 43.58 Med: 52.38 Max: 73.1
Current: 68.14

During the past 13 years, Thessaloniki Water Supply & Sewerage Co's highest Days Payable was 73.10. The lowest was 43.58. And the median was 52.38.

STU:T9W's Days Payable is ranked better than
50.71% of 493 companies
in the Utilities - Regulated industry
Industry Median: 66.38 vs STU:T9W: 68.14

Thessaloniki Water Supply & Sewerage Co's Days Payable increased from Dec. 2022 (63.88) to Dec. 2023 (71.62). It may suggest that Thessaloniki Water Supply & Sewerage Co delayed paying its suppliers.

Thessaloniki Water Supply & Sewerage Co Days Payable Historical Data

The historical data trend for Thessaloniki Water Supply & Sewerage Co'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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Thessaloniki Water Supply & Sewerage Co Days Payable Chart

Thessaloniki Water Supply & Sewerage Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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63.37

59.99

65.47

73.00

84.60

Thessaloniki Water Supply & Sewerage Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															69.73	68.52	63.88	81.92	71.62

Competitive Comparison of Thessaloniki Water Supply & Sewerage Co's Days Payable

For the Utilities - Regulated Water subindustry, Thessaloniki Water Supply & Sewerage Co'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.

Thessaloniki Water Supply & Sewerage Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Thessaloniki Water Supply & Sewerage Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Thessaloniki Water Supply & Sewerage Co's Days Payable falls into.

Thessaloniki Water Supply & Sewerage Co 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.

Thessaloniki Water Supply & Sewerage Co'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
=	( (14.999	+	12.435)	/	2 )	/	59.181	*	365
=	13.717					/	59.181	*	365
=	84.60

Thessaloniki Water Supply & Sewerage Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (11.152	+	12.435)	/	2 )	/	30.051	*	365 / 2
=	11.7935					/	30.051	*	365 / 2
=	71.62

Thessaloniki Water Supply & Sewerage Co Days Payable Related Terms

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Thessaloniki Water Supply & Sewerage Co (STU:T9W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Thessaloniki Water Supply & Sewerage Co SA (STU:T9W) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EYAPS:Greece T9W:Germany

Address

91 Tsimiski Street, Thessaloniki, GRC, 54635

Website

https://www.eyath.gr

Thessaloniki Water Supply & Sewerage Co SA is engaged in providing water supply and sewerage services. The company also provides telecommunication services and the production and sale of electricity. The operating segments of the company are the provision of water supply services and the provision of sewerage services where a provision of water supply services derives a majority of revenue.

Thessaloniki Water Supply & Sewerage Co (STU:T9W) Headlines

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