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Romande Energie Holding (CHIX:REHNZ) Days Payable : 33.51 (As of Dec. 2023)


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What is Romande Energie Holding Days Payable?

Romande Energie Holding's average Accounts Payable for the six months ended in Dec. 2023 was CHF43.1 Mil. Romande Energie Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF234.5 Mil. Hence, Romande Energie Holding's Days Payable for the six months ended in Dec. 2023 was 33.51.

The historical rank and industry rank for Romande Energie Holding's Days Payable or its related term are showing as below:

CHIX:REHNz' s Days Payable Range Over the Past 10 Years
Min: 20.66   Med: 29.49   Max: 34.3
Current: 29.14

During the past 13 years, Romande Energie Holding's highest Days Payable was 34.30. The lowest was 20.66. And the median was 29.49.

CHIX:REHNz's Days Payable is ranked worse than
81.23% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs CHIX:REHNz: 29.14

Romande Energie Holding's Days Payable increased from Dec. 2022 (18.55) to Dec. 2023 (33.51). It may suggest that Romande Energie Holding delayed paying its suppliers.


Romande Energie Holding Days Payable Historical Data

The historical data trend for Romande Energie Holding'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.

Romande Energie Holding Days Payable Chart

Romande Energie Holding 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 32.16 21.30 30.82 30.42 34.30

Romande Energie Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 27.76 24.33 18.55 20.21 33.51

Competitive Comparison of Romande Energie Holding's Days Payable

For the Utilities - Renewable subindustry, Romande Energie Holding'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.


Romande Energie Holding's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Romande Energie Holding's Days Payable falls into.



Romande Energie Holding 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.

Romande Energie Holding'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
=( (31.603 + 60.787) / 2 ) / 491.531*365
=46.195 / 491.531*365
=34.30

Romande Energie Holding'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (25.329 + 60.787) / 2 ) / 234.51*365 / 2
=43.058 / 234.51*365 / 2
=33.51

* 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.


Romande Energie Holding Days Payable Related Terms

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Romande Energie Holding (CHIX:REHNZ) Business Description

Traded in Other Exchanges
Address
Rue de Lausanne 53, P.O. Box 950, Morges 1, CHE, CH-1110
Romande Energie Holding SA is a Swiss utility company involved in the generation, distribution, and marketing of electricity and energy services. The company's segment includes Grids; Energy Solutions; Romande Energie Services and Corporate. It generates maximum revenue from the Energy Solutions segment. The Energy Solutions business unit spans the entire kWh chain, operating through two divisions: generation and power/heating distribution; and end-markets.

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