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Brookfield Renewable (Brookfield Renewable) Days Payable : 29.79 (As of Mar. 2024)


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What is Brookfield Renewable Days Payable?

Brookfield Renewable's average Accounts Payable for the three months ended in Mar. 2024 was $158 Mil. Brookfield Renewable's Cost of Goods Sold for the three months ended in Mar. 2024 was $484 Mil. Hence, Brookfield Renewable's Days Payable for the three months ended in Mar. 2024 was 29.79.

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

BEPC' s Days Payable Range Over the Past 10 Years
Min: 20.8   Med: 38.11   Max: 42.32
Current: 33.92

During the past 7 years, Brookfield Renewable's highest Days Payable was 42.32. The lowest was 20.80. And the median was 38.11.

BEPC's Days Payable is ranked worse than
76.15% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.315 vs BEPC: 33.92

Brookfield Renewable's Days Payable declined from Mar. 2023 (44.42) to Mar. 2024 (29.79). It may suggest that Brookfield Renewable accelerated paying its suppliers.


Brookfield Renewable Days Payable Historical Data

The historical data trend for Brookfield Renewable'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.

Brookfield Renewable Days Payable Chart

Brookfield Renewable Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 30.85 39.91 35.73 42.28 42.08

Brookfield Renewable 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 44.42 41.63 35.87 34.27 29.79

Competitive Comparison of Brookfield Renewable's Days Payable

For the Utilities - Renewable subindustry, Brookfield Renewable'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.


Brookfield Renewable's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Brookfield Renewable's Days Payable falls into.



Brookfield Renewable 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.

Brookfield Renewable'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
=( (154 + 184) / 2 ) / 1466*365
=169 / 1466*365
=42.08

Brookfield Renewable'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
=( (184 + 132) / 2 ) / 484*365 / 4
=158 / 484*365 / 4
=29.79

* 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.


Brookfield Renewable Days Payable Related Terms

Thank you for viewing the detailed overview of Brookfield Renewable's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Brookfield Renewable (Brookfield Renewable) Business Description

Traded in Other Exchanges
Address
250 Vesey Street, 15th Floor, New York, NY, USA, 10281-1023
Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.

Brookfield Renewable (Brookfield Renewable) Headlines

From GuruFocus

Mangham Associates,LLC Buys Brookfield Renewable Corp

By GuruFocus Research GuruFocus Editor 11-13-2021