Elektrokrajina AD (XBLB:EKBL-R-A) Days Payable: 872.54 (As of Dec. 2023)

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What is Elektrokrajina AD Days Payable?

Elektrokrajina AD XBLB:EKBL-R-A Days Payable is 872.54 as of Dec. 2023.

Elektrokrajina AD's average Accounts Payable for the six months ended in Dec. 2023 was BAM146.3 Mil. Elektrokrajina AD's Cost of Goods Sold for the six months ended in Dec. 2023 was BAM61.2 Mil. Hence, Elektrokrajina AD's Days Payable for the six months ended in Dec. 2023 was 436.27.

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

XBLB:EKBL-R-A's Days Payable is not ranked *
in the Utilities - Regulated industry.
Industry Median: 70.105
* Ranked among companies with meaningful Days Payable only.

Elektrokrajina AD's Days Payable increased from Dec. 2021 (0.00) to Dec. 2023 (872.54). It may suggest that Elektrokrajina AD delayed paying its suppliers.

Elektrokrajina AD Days Payable Historical Data

* Premium members only.

The historical data trend for Elektrokrajina AD'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.

Elektrokrajina AD Days Payable Chart

Elektrokrajina AD Annual Data
Trend Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 370.48 337.45 0.00 887.20 872.54

Elektrokrajina AD Semi-Annual Data
Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Days Payable Get a 7-Day Free Trial 370.48 337.45 0.00 887.20 872.54

XBLB:EKBL-R-A vs NEE, SO, DUK: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, Elektrokrajina AD'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.

Elektrokrajina AD Days Payable vs Utilities - Regulated Industry

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

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


Elektrokrajina AD 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.

Elektrokrajina AD'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
=( (139.854 + 152.656) / 2 ) / 61.181*365
=146.255 / 61.181*365
=872.54

Elektrokrajina AD'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: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (139.854 + 152.656) / 2 ) / 61.181*365 / 2
=146.255 / 61.181*365 / 2
=436.27

* 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 872.54 mean?
Elektrokrajina AD (XBLB:EKBL-R-A) has a Days Payable of 872.54 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Elektrokrajina AD and its competitors.
Is Elektrokrajina AD's Days Payable too high?
Elektrokrajina AD's current Days Payable is 872.54. The Utilities - Regulated industry median Days Payable is 70.11. Elektrokrajina AD's value of 872.54 is 1144.6% above this industry median.
How does Elektrokrajina AD's Days Payable compare to NEE and SO?
Elektrokrajina AD's Days Payable of 872.54 can be compared against companies in the Utilities - Regulated industry. The industry median Days Payable is 70.11. Elektrokrajina AD's value of 872.54 is 1144.6% above this benchmark. 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.11, based on 482 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. Elektrokrajina AD's current Days Payable of 872.54 is 1144.6% above the industry median. 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 Elektrokrajina AD and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elektrokrajina AD's current Days Payable is 872.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektrokrajina AD stock overvalued right now?
Elektrokrajina AD (XBLB:EKBL-R-A) has a current Days Payable of 872.54. The current Days Payable is 872.54 and 1144.6% above the Utilities - Regulated industry median of 70.11. 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 Elektrokrajina AD (XBLB:EKBL-R-A), the current Days Payable is 872.54 as of Dec. 2023. 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.

Elektrokrajina AD Business Description

Address 95 Kralja Petra I Karayoryeviya Street, Banja Luka, BIH, 78000
Elektrokrajina AD is an electricity distribution company operating in Bosnia and Herzegovina. The activities of the company include distribution and supply of electricity and designing power facilities as well as building and maintaining them.