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MDI Energia (WAR:MDI) Days Payable : 93.61 (As of Mar. 2024)


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What is MDI Energia Days Payable?

MDI Energia's average Accounts Payable for the three months ended in Mar. 2024 was zł49.9 Mil. MDI Energia's Cost of Goods Sold for the three months ended in Mar. 2024 was zł48.7 Mil. Hence, MDI Energia's Days Payable for the three months ended in Mar. 2024 was 93.61.

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

WAR:MDI' s Days Payable Range Over the Past 10 Years
Min: 60.5   Med: 88.64   Max: 131.7
Current: 84.63

During the past 13 years, MDI Energia's highest Days Payable was 131.70. The lowest was 60.50. And the median was 88.64.

WAR:MDI's Days Payable is ranked better than
54.5% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 77.3 vs WAR:MDI: 84.63

MDI Energia's Days Payable declined from Mar. 2023 (101.24) to Mar. 2024 (93.61). It may suggest that MDI Energia accelerated paying its suppliers.


MDI Energia Days Payable Historical Data

The historical data trend for MDI Energia'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.

MDI Energia Days Payable Chart

MDI Energia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.54 73.60 60.50 64.91 91.34

MDI Energia 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 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 101.24 77.42 82.48 88.68 93.61

Competitive Comparison of MDI Energia's Days Payable

For the Utilities - Independent Power Producers subindustry, MDI Energia'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.


MDI Energia's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, MDI Energia's Days Payable distribution charts can be found below:

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



MDI Energia 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.

MDI Energia'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
=( (31.718 + 51.314) / 2 ) / 165.908*365
=41.516 / 165.908*365
=91.34

MDI Energia'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
=( (51.314 + 48.568) / 2 ) / 48.682*365 / 4
=49.941 / 48.682*365 / 4
=93.61

* 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.


MDI Energia Days Payable Related Terms

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MDI Energia (WAR:MDI) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Paderewskiego 7, Poznan, POL, 61-770
MDI Energia SA is a Poland based company engaged in the renewable energy business in Poland and internationally. It is involved in the wind farm and biogas power plant projects, as well as the photovoltaic installation activities. The company also manages residential multifamily housing projects in Poland.

MDI Energia (WAR:MDI) Headlines

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