Hokkaido Electric Power Co (TSE:9509) Days Payable : 30.54 (As of Dec. 2023)

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What is Hokkaido Electric Power Co Days Payable?

Hokkaido Electric Power Co's average Accounts Payable for the three months ended in Dec. 2023 was 円73,952 Mil. Hokkaido Electric Power Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円220,937 Mil. Hence, Hokkaido Electric Power Co's Days Payable for the three months ended in Dec. 2023 was 30.54.

The historical rank and industry rank for Hokkaido Electric Power Co's Days Payable or its related term are showing as below:

TSE:9509' s Days Payable Range Over the Past 10 Years
Min: 20.66 Med: 22.69 Max: 36.64
Current: 33.25

During the past 13 years, Hokkaido Electric Power Co's highest Days Payable was 36.64. The lowest was 20.66. And the median was 22.69.

TSE:9509's Days Payable is ranked worse than
78.21% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.005 vs TSE:9509: 33.25

Hokkaido Electric Power Co's Days Payable increased from Dec. 2022 (26.11) to Dec. 2023 (30.54). It may suggest that Hokkaido Electric Power Co delayed paying its suppliers.

Hokkaido Electric Power Co Days Payable Historical Data

The historical data trend for Hokkaido Electric Power Co'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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Hokkaido Electric Power Co Days Payable Chart

Hokkaido Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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21.64

31.30

31.05

29.01

36.64

Hokkaido Electric Power Co 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															29.10	39.39	30.14	30.54	30.90

Competitive Comparison of Hokkaido Electric Power Co's Days Payable

For the Utilities - Renewable subindustry, Hokkaido Electric Power Co'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.

Hokkaido Electric Power Co's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Hokkaido Electric Power Co's Days Payable falls into.

Hokkaido Electric Power Co 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.

Hokkaido Electric Power Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (84732	+	86460)	/	2 )	/	852628	*	365
=	85596					/	852628	*	365
=	36.64

Hokkaido Electric Power Co'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
=	( (66359	+	81544)	/	2 )	/	220937	*	365 / 4
=	73951.5					/	220937	*	365 / 4
=	30.54

Hokkaido Electric Power Co Days Payable Related Terms

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Hokkaido Electric Power Co (TSE:9509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hokkaido Electric Power Co Inc (TSE:9509) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

9509:Japan

Address

2, Higashi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido, JPN, 060-8677

Website

http://www.hepco.co.jp

Hokkaido Electric Power Co, Inc. or HEPCO, is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While Most of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Most electrical output, however, is transmitted to residential customers.

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