GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AES Brasil Energia SA (BSP:AESB3) » Definitions » Days Payable

AES Brasil Energia (BSP:AESB3) Days Payable : 49.35 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is AES Brasil Energia Days Payable?

AES Brasil Energia's average Accounts Payable for the three months ended in Mar. 2024 was R$322 Mil. AES Brasil Energia's Cost of Goods Sold for the three months ended in Mar. 2024 was R$596 Mil. Hence, AES Brasil Energia's Days Payable for the three months ended in Mar. 2024 was 49.35.

The historical rank and industry rank for AES Brasil Energia's Days Payable or its related term are showing as below:

BSP:AESB3' s Days Payable Range Over the Past 10 Years
Min: 48.07   Med: 58.22   Max: 78.72
Current: 48.07

During the past 6 years, AES Brasil Energia's highest Days Payable was 78.72. The lowest was 48.07. And the median was 58.22.

BSP:AESB3's Days Payable is ranked worse than
66.07% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.06 vs BSP:AESB3: 48.07

AES Brasil Energia's Days Payable declined from Mar. 2023 (52.64) to Mar. 2024 (49.35). It may suggest that AES Brasil Energia accelerated paying its suppliers.


AES Brasil Energia Days Payable Historical Data

The historical data trend for AES Brasil Energia'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.

AES Brasil Energia Days Payable Chart

AES Brasil Energia Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial - - 78.72 58.22 53.47

AES Brasil Energia 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 52.64 49.58 43.98 53.06 49.35

Competitive Comparison of AES Brasil Energia's Days Payable

For the Utilities - Renewable subindustry, AES Brasil Energia'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.


AES Brasil Energia's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where AES Brasil Energia's Days Payable falls into.



AES Brasil Energia 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.

AES Brasil Energia'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
=( (267.913 + 375.775) / 2 ) / 2196.958*365
=321.844 / 2196.958*365
=53.47

AES Brasil Energia'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
=( (375.775 + 268.989) / 2 ) / 596.064*365 / 4
=322.382 / 596.064*365 / 4
=49.35

* 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.


AES Brasil Energia Days Payable Related Terms

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


AES Brasil Energia (BSP:AESB3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Luiz Carlos Berrini, 1,376, 12 Floor of Tower A- Room Digitalizacao, Brooklin Paulista, Sao Paulo, BRA
AES Brasil Energia SA is engaged in the production, transmission, and commercialization of energy. Its portfolio consists of hydraulic, wind, and solar sources, with plants located in the states of Sao Paulo, Bahia, and Rio Grande do Norte. The company operates mainly in the electric power generation sector. It is focused on clean and sustainable energy.

AES Brasil Energia (BSP:AESB3) Headlines

No Headlines