Serena Energia (BSP:SRNA3) Days Payable : 49.67 (As of Dec. 2023)

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What is Serena Energia Days Payable?

Serena Energia's average Accounts Payable for the three months ended in Dec. 2023 was R$324 Mil. Serena Energia's Cost of Goods Sold for the three months ended in Dec. 2023 was R$595 Mil. Hence, Serena Energia's Days Payable for the three months ended in Dec. 2023 was 49.67.

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

BSP:SRNA3' s Days Payable Range Over the Past 10 Years
Min: 47.06 Med: 57.29 Max: 770.43
Current: 66.81

During the past 3 years, Serena Energia's highest Days Payable was 770.43. The lowest was 47.06. And the median was 57.29.

BSP:SRNA3's Days Payable is ranked worse than
54.76% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.06 vs BSP:SRNA3: 66.81

Serena Energia's Days Payable increased from Sep. 2022 (41.76) to Dec. 2023 (49.67). It may suggest that Serena Energia delayed paying its suppliers.

Serena Energia Days Payable Historical Data

The historical data trend for Serena 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.

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Serena Energia Days Payable Chart

Serena Energia Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

770.43

47.06

57.29

Serena Energia Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial					41.76	45.46	49.31	45.50	49.67

Competitive Comparison of Serena Energia's Days Payable

For the Utilities - Renewable subindustry, Serena 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.

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

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

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

Serena 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.

Serena 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
=	( (236.734	+	395.787)	/	2 )	/	2014.812	*	365
=	316.2605					/	2014.812	*	365
=	57.29

Serena Energia'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
=	( (252.44	+	395.787)	/	2 )	/	595.379	*	365 / 4
=	324.1135					/	595.379	*	365 / 4
=	49.67

Serena Energia Days Payable Related Terms

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Serena Energia (BSP:SRNA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Serena Energia SA (BSP:SRNA3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Elvira Ferraz, no. 68, 12th floor, Conjuntos no. 123 and 124, Vila Olimpia, Sao Paulo, SP, BRA, 04552-040

Website

https://www.srna.co

Serena Energia SA is engaged in the generation of renewable energy. Its portfolio includes wind, hydro, and solar operational assets.

Serena Energia (BSP:SRNA3) Headlines

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