Opc Energy (XTAE:OPCE) Days Payable : 47.44 (As of Mar. 2024)

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What is Opc Energy Days Payable?

Opc Energy's average Accounts Payable for the three months ended in Mar. 2024 was ₪262 Mil. Opc Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪504 Mil. Hence, Opc Energy's Days Payable for the three months ended in Mar. 2024 was 47.44.

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

XTAE:OPCE' s Days Payable Range Over the Past 10 Years
Min: 42.3 Med: 61.28 Max: 111.21
Current: 55.4

During the past 9 years, Opc Energy's highest Days Payable was 111.21. The lowest was 42.30. And the median was 61.28.

XTAE:OPCE's Days Payable is ranked worse than
59.34% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs XTAE:OPCE: 55.40

Opc Energy's Days Payable declined from Mar. 2023 (74.53) to Mar. 2024 (47.44). It may suggest that Opc Energy accelerated paying its suppliers.

Opc Energy Days Payable Historical Data

The historical data trend for Opc Energy'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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Opc Energy Days Payable Chart

Opc Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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53.82

68.49

111.21

91.88

51.08

Opc Energy 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															74.53	61.32	56.54	61.39	47.44

Competitive Comparison of Opc Energy's Days Payable

For the Utilities - Independent Power Producers subindustry, Opc Energy'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.

Opc Energy's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

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

Opc Energy 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.

Opc Energy'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
=	( (335	+	257)	/	2 )	/	2115	*	365
=	296					/	2115	*	365
=	51.08

Opc Energy's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (257	+	267)	/	2 )	/	504	*	365 / 4
=	262					/	504	*	365 / 4
=	47.44

Opc Energy Days Payable Related Terms

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Opc Energy (XTAE:OPCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Opc Energy Ltd (XTAE:OPCE) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

121 Menachem Begin Boulevard, Azrieli Tower Sharona, Tel Aviv, ISR

Website

https://www.opc-energy.com

Opc Energy Ltd and its subsidiaries are engaged in the generation and supply of electricity, including, initiation, development, construction, and operation of power plants as well as generation and supply of electricity to private customers and Israel Electric Company. The company reporting segment includes the Generation and supply of electricity. Its projects include Rotem and Hadera.

Opc Energy (XTAE:OPCE) Headlines

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