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EDESA Holding (BUE:EDSH) Days Payable : 58.61 (As of Dec. 2023)


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What is EDESA Holding Days Payable?

EDESA Holding's average Accounts Payable for the three months ended in Dec. 2023 was ARS23,850 Mil. EDESA Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS37,133 Mil. Hence, EDESA Holding's Days Payable for the three months ended in Dec. 2023 was 58.61.

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

BUE:EDSH' s Days Payable Range Over the Past 10 Years
Min: 58.69   Med: 80.19   Max: 320.04
Current: 102.4

During the past 12 years, EDESA Holding's highest Days Payable was 320.04. The lowest was 58.69. And the median was 80.19.

BUE:EDSH's Days Payable is ranked better than
69.43% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.385 vs BUE:EDSH: 102.40

EDESA Holding's Days Payable increased from Dec. 2022 (37.08) to Dec. 2023 (58.61). It may suggest that EDESA Holding delayed paying its suppliers.


EDESA Holding Days Payable Historical Data

The historical data trend for EDESA Holding'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.

EDESA Holding Days Payable Chart

EDESA Holding 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 63.00 71.43 63.72 76.83 125.19

EDESA Holding 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 37.08 204.55 103.14 116.95 58.61

Competitive Comparison of EDESA Holding's Days Payable

For the Utilities - Regulated Electric subindustry, EDESA Holding'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.


EDESA Holding's Days Payable Distribution in the Utilities - Regulated Industry

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

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



EDESA Holding 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.

EDESA Holding'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
=( (24040.818 + 27866.149) / 2 ) / 75666.166*365
=25953.4835 / 75666.166*365
=125.19

EDESA Holding'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
=( (19833.095 + 27866.149) / 2 ) / 37133.488*365 / 4
=23849.622 / 37133.488*365 / 4
=58.61

* 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.


EDESA Holding Days Payable Related Terms

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EDESA Holding (BUE:EDSH) Business Description

Traded in Other Exchanges
N/A
Address
Pasaje Zorrilla 29, Salta, ARG
EDESA Holding SA operates in the business of distribution of electricity in the dispersed market, both in the province of Salta.

EDESA Holding (BUE:EDSH) Headlines

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