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Energa (WAR:ENG) Days Payable : 22.87 (As of Dec. 2023)


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What is Energa Days Payable?

Energa's average Accounts Payable for the three months ended in Dec. 2023 was zł1,653 Mil. Energa's Cost of Goods Sold for the three months ended in Dec. 2023 was zł6,595 Mil. Hence, Energa's Days Payable for the three months ended in Dec. 2023 was 22.87.

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

WAR:ENG' s Days Payable Range Over the Past 10 Years
Min: 28.17   Med: 33.92   Max: 37.93
Current: 32.81

During the past 13 years, Energa's highest Days Payable was 37.93. The lowest was 28.17. And the median was 33.92.

WAR:ENG's Days Payable is ranked worse than
82.19% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.43 vs WAR:ENG: 32.81

Energa's Days Payable declined from Dec. 2022 (32.96) to Dec. 2023 (22.87). It may suggest that Energa accelerated paying its suppliers.


Energa Days Payable Historical Data

The historical data trend for Energa'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.

Energa Days Payable Chart

Energa 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 28.17 30.91 30.92 35.43 33.21

Energa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 32.96 43.88 34.07 33.84 22.87

Competitive Comparison of Energa's Days Payable

For the Utilities - Regulated Electric subindustry, Energa'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.


Energa's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Energa's Days Payable distribution charts can be found below:

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



Energa 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.

Energa'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
=( (2388 + 1593) / 2 ) / 21876*365
=1990.5 / 21876*365
=33.21

Energa'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
=( (1713 + 1593) / 2 ) / 6595*365 / 4
=1653 / 6595*365 / 4
=22.87

* 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.


Energa Days Payable Related Terms

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Energa (WAR:ENG) Business Description

Traded in Other Exchanges
Address
Al. Grunwaldzka 472, Gdansk, POL, 80-309
Energa SA is a Polish electric utility company of which the State Treasury of Poland is the majority shareholder. Energa SA is involved in the distribution, generation, and sale of electrical energy. The company segments its activities into Electricity Distribution, Generation, and Sales units. The Distribution division operates an electricity transmission system in Northern and Central Poland, where it is the sole distributor. Energa's Generation business controls a portfolio of coal, hydro, biomass, and wind power plants throughout the country. Coal-fired facilities account for a majority of the company's energy production. The majority of Energa's earnings are derived from the business of distributing electricity.