TXNM (TXNM Energy) Days Payable : 84.64 (As of Dec. 2024)

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What is TXNM Energy Days Payable?

TXNM Energy's average Accounts Payable for the three months ended in Dec. 2024 was $170 Mil. TXNM Energy's Cost of Goods Sold for the three months ended in Dec. 2024 was $184 Mil. Hence, TXNM Energy's Days Payable for the three months ended in Dec. 2024 was 84.64.

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

TXNM' s Days Payable Range Over the Past 10 Years
Min: 59.88 Med: 74.18 Max: 110.31
Current: 88.31

During the past 13 years, TXNM Energy's highest Days Payable was 110.31. The lowest was 59.88. And the median was 74.18.

TXNM's Days Payable is ranked better than
59.7% of 469 companies
in the Utilities - Regulated industry
Industry Median: 68.35 vs TXNM: 88.31

TXNM Energy's Days Payable increased from Dec. 2023 (82.19) to Dec. 2024 (84.64). It may suggest that TXNM Energy delayed paying its suppliers.

TXNM Energy Days Payable Historical Data

The historical data trend for TXNM 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.

* Premium members only.

TXNM Energy Days Payable Chart

TXNM Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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84.96

79.11

62.42

85.93

110.31

TXNM Energy Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															82.19	99.99	69.67	78.83	84.64

Competitive Comparison of TXNM Energy's Days Payable

For the Utilities - Regulated Electric subindustry, TXNM 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.

TXNM Energy's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, TXNM Energy's Days Payable distribution charts can be found below:

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

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TXNM 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.

TXNM Energy's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (205.175	+	204.468)	/	2 )	/	677.732	*	365
=	204.8215					/	677.732	*	365
=	110.31

TXNM Energy's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (136.435	+	204.468)	/	2 )	/	183.758	*	365 / 4
=	170.4515					/	183.758	*	365 / 4
=	84.64

TXNM Energy Days Payable Related Terms

Thank you for viewing the detailed overview of TXNM Energy's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

TXNM Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » TXNM Energy Inc (NYSE:TXNM) » Definitions » Days Payable

Comparable Companies

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Traded in Other Exchanges

98P:Germany 98P:Germany

Address

414 Silver Avenue SW, Albuquerque, NM, USA, 87102-3289

Website

https://www.txnmenergy.com

TXNM Energy Inc is a holding company that owns regulated utility companies providing energy to houses and businesses across Texas and New Mexico using its utilities.

Executives

Norman P. Becker	director	3900 SINGER BOULEVARD N.E., ALBUQUERQUE NM 87109
Elisabeth A Eden	officer: SVP, CFO & Treasurer	414 SILVER AVE SW, MS1295, ALBUQUERQUE NM 87102
Henry E Monroy	officer: VP & Corporate Controller	414 SILVER AVENUE SW, MS1015, ALBUQUERQUE NM 87102-3289
Charles N Eldred	officer: Chief Financial Officer	414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Joseph Don Tarry	officer: VP and Corporate Controller	414 SILVER AVE SW MS 1205, ALBUQUERQUE NM 87102-3289
Patrick V Apodaca	officer: SR VP, GEN COUNSEL & SECY	414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Ronald N. Darnell	officer: VICE PRESIDENT, REGULATORY AFF	414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Vicky A Bailey	director	2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
James Alton Hughes	director	350 W WASHINGTON STREET, SUITE 600, TEMPE AZ 85281
Chris M Olson	officer: VP, Utility Operations	414 SILVER AVENUE SW, MS 1255, ALBUQUERQUE NM 87102-3289
Adelmo E Archuleta	director	414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Ronald E Talbot	officer: SR VP, CHIEF OPERATING OFFICER	414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Bruce W Wilkinson	director	1333 WEST LOOP SOUTH, STE 1700, HOUSTON TX 77027
Sidney M. Gutierrez	director	414 SILVER AVE SW, MS 1275, ALBUQUERQUE NM 87102-3289
Joan B Woodard	director	414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289