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Enel SpA (Enel SpA) Days Payable : 319.14 (As of Dec. 2023)


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What is Enel SpA Days Payable?

Enel SpA's average Accounts Payable for the three months ended in Dec. 2023 was $14,604 Mil. Enel SpA's Cost of Goods Sold for the three months ended in Dec. 2023 was $4,176 Mil. Hence, Enel SpA's Days Payable for the three months ended in Dec. 2023 was 319.14.

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

ESOCF' s Days Payable Range Over the Past 10 Years
Min: 55.53   Med: 90.7   Max: 112.17
Current: 84.89

During the past 13 years, Enel SpA's highest Days Payable was 112.17. The lowest was 55.53. And the median was 90.70.

ESOCF's Days Payable is ranked better than
64.44% of 495 companies
in the Utilities - Regulated industry
Industry Median: 67.1 vs ESOCF: 84.89

Enel SpA's Days Payable increased from Dec. 2022 (131.16) to Dec. 2023 (319.14). It may suggest that Enel SpA delayed paying its suppliers.


Enel SpA Days Payable Historical Data

The historical data trend for Enel SpA'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.

Enel SpA Days Payable Chart

Enel SpA 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 89.19 107.29 87.97 57.35 98.30

Enel SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 131.16 70.84 128.82 38.31 319.14

Competitive Comparison of Enel SpA's Days Payable

For the Utilities - Diversified subindustry, Enel SpA'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.


Enel SpA's Days Payable Distribution in the Utilities - Regulated Industry

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

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



Enel SpA 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.

Enel SpA'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
=( (18687.5 + 17252.999) / 2 ) / 66727.372*365
=17970.2495 / 66727.372*365
=98.30

Enel SpA'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (11954.109 + 17252.999) / 2 ) / 4175.573*365 / 4
=14603.554 / 4175.573*365 / 4
=319.14

* 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.


Enel SpA Days Payable Related Terms

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Enel SpA (Enel SpA) Business Description

Address
Viale Regina Margherita, 137, Rome, ITA, 00198
Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 50% of the company's EBITDA is derived from its regulated networks. Taking into account power sold through power purchase agreements in Latin America, around 70% of EBITDA is quasi-regulated. Enel is a giant in global power generation with 86 gigawatts of capacity, of which 39 GW is renewables, including a large share of hydro.

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