Jersey Electricity (LSE:JEL) Days Payable : 40.08 (As of Mar. 2024)

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What is Jersey Electricity Days Payable?

Jersey Electricity's average Accounts Payable for the six months ended in Mar. 2024 was £10.7 Mil. Jersey Electricity's Cost of Goods Sold for the six months ended in Mar. 2024 was £48.6 Mil. Hence, Jersey Electricity's Days Payable for the six months ended in Mar. 2024 was 40.08.

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

LSE:JEL' s Days Payable Range Over the Past 10 Years
Min: 6.42 Med: 8.82 Max: 64.66
Current: 64.66

During the past 13 years, Jersey Electricity's highest Days Payable was 64.66. The lowest was 6.42. And the median was 8.82.

LSE:JEL's Days Payable is ranked worse than
75.3% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.63 vs LSE:JEL: 64.66

Jersey Electricity's Days Payable declined from Mar. 2023 (53.22) to Mar. 2024 (40.08). It may suggest that Jersey Electricity accelerated paying its suppliers.

Jersey Electricity Days Payable Historical Data

The historical data trend for Jersey Electricity'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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Jersey Electricity Days Payable Chart

Jersey Electricity Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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8.10

9.47

8.69

8.94

6.42

Jersey Electricity Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															45.01	57.75	53.22	61.73	40.08

Competitive Comparison of Jersey Electricity's Days Payable

For the Utilities - Regulated Electric subindustry, Jersey Electricity'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.

Jersey Electricity's Days Payable Distribution in the Utilities - Regulated Industry

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

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

Jersey Electricity 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.

Jersey Electricity's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (2.202	+	0.518)	/	2 )	/	77.331	*	365
=	1.36					/	77.331	*	365
=	6.42

Jersey Electricity'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.518	+	20.829)	/	2 )	/	48.606	*	365 / 2
=	10.6735					/	48.606	*	365 / 2
=	40.08

Jersey Electricity Days Payable Related Terms

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Jersey Electricity (LSE:JEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Jersey Electricity PLC (LSE:JEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Queen's Road, P.O. Box 45, The Powerhouse, Saint Helier, JEY, JE4 8NY

Website

https://www.jec.co.uk

Jersey Electricity PLC functions in the United Kingdom utility industry through the importation, transmission, distribution, generation, and supply of electricity. The company's business segments are divided into Energy, Building Services, retail, property, and others. The majority of the revenue is generated from the Energy segment. The property management business consists of the management of retail parks, stores, and medical centers.

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