Utility (TSX:UTC.C) Days Payable: 0.00 (As of Nov. 2017)


What is Utility Days Payable?

Utility TSX:UTC.C Days Payable is 0.00 as of Nov. 2017.

Utility's average Accounts Payable for the six months ended in Nov. 2017 was C$0.00 Mil. Utility's Cost of Goods Sold for the six months ended in Nov. 2017 was C$0.00 Mil.

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

TSX:UTC.C's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 70.635
* Ranked among companies with meaningful Days Payable only.

Utility's Days Payable stayed the same from Nov. 2016 (0.00) to Nov. 2017 (0.00).

Utility Days Payable Historical Data

* Premium members only.

The historical data trend for Utility'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.

Utility Days Payable Chart

Utility Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Utility Semi-Annual Data
May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TSX:UTC.C vs PHCF: Days Payable Comparison

For the Asset Management subindustry, Utility'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.

Utility Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Utility's Days Payable distribution charts can be found below:

* The bar in red indicates where Utility's Days Payable falls into.


Utility 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.

Utility's Days Payable for the fiscal year that ended in May. 2017 is calculated as

Days Payable (A: May. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2016 ) + Accounts Payable (A: May. 2017 )) / count ) / Cost of Goods Sold (A: May. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Utility's Days Payable for the quarter that ended in Nov. 2017 is calculated as:

Days Payable (Q: Nov. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2017 ) + Accounts Payable (Q: Nov. 2017 )) / count ) / Cost of Goods Sold (Q: Nov. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Utility (TSX:UTC.C) has a Days Payable of 0.00 as of Nov. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Utility and its competitors.
Is Utility's Days Payable too high?
Utility's current Days Payable is 0.00.
How does Utility's Days Payable compare to PHCF?
Utility's Days Payable of 0.00 can be compared against companies in the Asset Management industry. The industry median Days Payable is 70.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Asset Management company?
The median Days Payable among Asset Management companies is 70.64, based on 480 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Utility and its competitors. For the Asset Management industry, the median Days Payable is 70.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Utility's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utility stock overvalued right now?
Utility (TSX:UTC.C) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Utility (TSX:UTC.C), the current Days Payable is 0.00 as of Nov. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Utility Business Description

Address 40 King Street West, P.O. Box 4085, Scotia Plaza, 26th Floor, Toronto, ON, CAN, M5W 2X6
Utility Corp is a mutual fund corporation. The company holds a diversified investment portfolio (the Portfolio) of common shares (the Portfolio Shares) of selected Canadian electrical, power and utility and telecommunication companies in order to provide investors (the Shareholders) with a stable monthly dividend stream and capital appreciation potential.