Naturgy Energy Group (XMAD:NTGY) Days Payable : 67.84 (As of Dec. 2023)

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What is Naturgy Energy Group Days Payable?

Naturgy Energy Group's average Accounts Payable for the six months ended in Dec. 2023 was €2,659 Mil. Naturgy Energy Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €7,153 Mil. Hence, Naturgy Energy Group's Days Payable for the six months ended in Dec. 2023 was 67.84.

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

XMAD:NTGY' s Days Payable Range Over the Past 10 Years
Min: 52.31 Med: 72.08 Max: 99.53
Current: 77.22

During the past 13 years, Naturgy Energy Group's highest Days Payable was 99.53. The lowest was 52.31. And the median was 72.08.

XMAD:NTGY's Days Payable is ranked better than
57.61% of 493 companies
in the Utilities - Regulated industry
Industry Median: 68.14 vs XMAD:NTGY: 77.22

Naturgy Energy Group's Days Payable increased from Dec. 2022 (63.93) to Dec. 2023 (67.84). It may suggest that Naturgy Energy Group delayed paying its suppliers.

Naturgy Energy Group Days Payable Historical Data

The historical data trend for Naturgy Energy Group'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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Naturgy Energy Group Days Payable Chart

Naturgy Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.66

99.53

64.73

52.31

85.51

Naturgy Energy Group 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															51.27	54.89	63.93	77.59	67.84

Competitive Comparison of Naturgy Energy Group's Days Payable

For the Utilities - Regulated Gas subindustry, Naturgy Energy Group'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.

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

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

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

Naturgy Energy Group 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.

Naturgy Energy Group'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
=	( (4471	+	2756)	/	2 )	/	15424	*	365
=	3613.5					/	15424	*	365
=	85.51

Naturgy Energy Group'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
=	( (2562	+	2756)	/	2 )	/	7153	*	365 / 2
=	2659					/	7153	*	365 / 2
=	67.84

Naturgy Energy Group Days Payable Related Terms

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Naturgy Energy Group (XMAD:NTGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Naturgy Energy Group SA (XMAD:NTGY) » Definitions » Days Payable

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GASNY:USA GASNF:USA NTGYe:UK 0NPV:UK GAN:Germany

Address

Avenida de Avenida de America 38, Madrid, ESP

Website

https://www.naturgy.com

Naturgy stems from the acquisition of Union Fenosa in 2008. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain and is the leader in retail gas supply. The company also owns and operates gas and electricity distribution networks in Latin America. The company owns 16.20 GW of generation capacity including 3.30 GW of wind and solar.

Naturgy Energy Group (XMAD:NTGY) Headlines

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