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TGC No 2 PJSC (MIC:TGKB) Days Payable : 2,366.54 (As of Jun. 2023)


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What is TGC No 2 PJSC Days Payable?

TGC No 2 PJSC's average Accounts Payable for the six months ended in Jun. 2023 was ₽11,332 Mil. TGC No 2 PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽874 Mil. Hence, TGC No 2 PJSC's Days Payable for the six months ended in Jun. 2023 was 2,366.54.

The historical rank and industry rank for TGC No 2 PJSC's Days Payable or its related term are showing as below:

MIC:TGKB' s Days Payable Range Over the Past 10 Years
Min: 543.15   Med: 1451.44   Max: 3129.51
Current: 2817.21

During the past 13 years, TGC No 2 PJSC's highest Days Payable was 3129.51. The lowest was 543.15. And the median was 1451.44.

MIC:TGKB's Days Payable is ranked better than
96.42% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.95 vs MIC:TGKB: 2817.21

TGC No 2 PJSC's Days Payable declined from Jun. 2022 (2,948.21) to Jun. 2023 (2,366.54). It may suggest that TGC No 2 PJSC accelerated paying its suppliers.


TGC No 2 PJSC Days Payable Historical Data

The historical data trend for TGC No 2 PJSC'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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TGC No 2 PJSC Days Payable Chart

TGC No 2 PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 543.15 787.72 1,055.88 2,763.43 2,397.46

TGC No 2 PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 678.67 - 2,948.21 2,974.90 2,366.54

Competitive Comparison of TGC No 2 PJSC's Days Payable

For the Utilities - Independent Power Producers subindustry, TGC No 2 PJSC'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.


TGC No 2 PJSC's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TGC No 2 PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where TGC No 2 PJSC's Days Payable falls into.



TGC No 2 PJSC 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.

TGC No 2 PJSC's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (11653.317 + 9876.51) / 2 ) / 1638.896*365
=10764.9135 / 1638.896*365
=2,397.46

TGC No 2 PJSC's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (9876.51 + 12787.065) / 2 ) / 873.87*365 / 2
=11331.7875 / 873.87*365 / 2
=2,366.54

* 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.


TGC No 2 PJSC Days Payable Related Terms

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TGC No 2 PJSC (MIC:TGKB) Business Description

Traded in Other Exchanges
Address
Prospekt Oktyabrya, 42, Yaroslavl, RUS, 150040
TGC No 2 PJSC is heat and power generating company in the Northern and Northwest parts of Russia. The company's activities involve heat and power production as well as the sale of heat (steam and hot water) to consumers. Its enterprises are in Arkhangelsk, Vologda, Kostroma, Novgorod and Yaroslavl regions of Russia, and in Skopje (Macedonia).

TGC No 2 PJSC (MIC:TGKB) Headlines

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