Pacific Gas & Electric Co (Pacific Gas & Electric Co) Days Payable : 108.58 (As of Mar. 2024)

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What is Pacific Gas & Electric Co Days Payable?

Pacific Gas & Electric Co's average Accounts Payable for the three months ended in Mar. 2024 was $4,142.00 Mil. Pacific Gas & Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $3,481.00 Mil. Hence, Pacific Gas & Electric Co's Days Payable for the three months ended in Mar. 2024 was 108.58.

The historical rank and industry rank for Pacific Gas & Electric Co's Days Payable or its related term are showing as below:

PCGpD.PFD' s Days Payable Range Over the Past 10 Years
Min: 69.12 Med: 180.44 Max: 251
Current: 190.57

During the past 9 years, Pacific Gas & Electric Co's highest Days Payable was 251.00. The lowest was 69.12. And the median was 180.44.

PCGpD.PFD's Days Payable is not ranked
in the Utilities - Regulated industry.
Industry Median: 66.88 vs PCGpD.PFD: 190.57

Pacific Gas & Electric Co's Days Payable increased from Mar. 2023 (92.32) to Mar. 2024 (108.58). It may suggest that Pacific Gas & Electric Co delayed paying its suppliers.

Pacific Gas & Electric Co Days Payable Historical Data

The historical data trend for Pacific Gas & Electric Co'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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Pacific Gas & Electric Co Days Payable Chart

Pacific Gas & Electric Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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98.64

107.11

95.43

106.61

96.52

Pacific Gas & Electric Co 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															92.32	100.59	87.44	84.06	108.58

Competitive Comparison of Pacific Gas & Electric Co's Days Payable

For the Utilities - Diversified subindustry, Pacific Gas & Electric Co'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.

Pacific Gas & Electric Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Pacific Gas & Electric Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Pacific Gas & Electric Co's Days Payable falls into.

Pacific Gas & Electric Co 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.

Pacific Gas & Electric Co'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
=	( (4544	+	3976)	/	2 )	/	16110	*	365
=	4260					/	16110	*	365
=	96.52

Pacific Gas & Electric Co'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
=	( (3976	+	4308)	/	2 )	/	3481	*	365 / 4
=	4142					/	3481	*	365 / 4
=	108.58

Pacific Gas & Electric Co Days Payable Related Terms

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Pacific Gas & Electric Co (Pacific Gas & Electric Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Pacific Gas & Electric Co (AMEX:PCGpD.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PCG.PRI.PFD:USA PCG.PRH.PFD:USA PCG.PRG.PFD:USA PCGpE.PFD:USA PCG.PRC.PFD:USA PCG.PRB.PFD:USA PCG.PRA.PFD:USA

Address

77 Beale Street, P.O. Box 770000, San Francisco, CA, USA, 94177

Website

http://www.pge.com

Pacific Gas & Electric Co is a vertically integrated electricity and natural gas utility. It operates in northern and central California and are engaged in the businesses of electricity and natural gas distribution.

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