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Ecoener (XMAD:ENER) Days Payable : 380.44 (As of Dec. 2023)


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What is Ecoener Days Payable?

Ecoener's average Accounts Payable for the six months ended in Dec. 2023 was €5.91 Mil. Ecoener's Cost of Goods Sold for the six months ended in Dec. 2023 was €2.84 Mil. Hence, Ecoener's Days Payable for the six months ended in Dec. 2023 was 380.44.

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

XMAD:ENER' s Days Payable Range Over the Past 10 Years
Min: 0.2   Med: 36.32   Max: 349.96
Current: 317.77

During the past 6 years, Ecoener's highest Days Payable was 349.96. The lowest was 0.20. And the median was 36.32.

XMAD:ENER's Days Payable is ranked better than
81.44% of 388 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.005 vs XMAD:ENER: 317.77

Ecoener's Days Payable increased from Dec. 2022 (254.98) to Dec. 2023 (380.44). It may suggest that Ecoener delayed paying its suppliers.

Ecoener Days Payable Historical Data

The historical data trend for Ecoener'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.

Ecoener Days Payable Chart

Ecoener Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 0.20 0.21 36.32 244.94 349.96

Ecoener Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.91 157.71 254.98 269.66 380.44

Competitive Comparison of Ecoener's Days Payable

For the Utilities - Renewable subindustry, Ecoener'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.

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

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

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


Ecoener 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.

Ecoener'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
=( (13.812 + 5.013) / 2 ) / 9.817*365
=9.4125 / 9.817*365
=349.96

Ecoener'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (6.815 + 5.013) / 2 ) / 2.837*365 / 2
=5.914 / 2.837*365 / 2
=380.44

* 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.

Ecoener Days Payable Related Terms

Thank you for viewing the detailed overview of Ecoener's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ecoener (XMAD:ENER) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ecoener SA (XMAD:ENER) » Definitions » Days Payable
Comparable Companies
XMAD:ETC XMAD:ADX XMAD:OPDE CEG ISX:BREN WBO:VER XPRA:CEZ OCSE:ORSTED SHSE:600025 SHSE:600905 BOM:541450 SZSE:001289 XLIS:EDPR BSP:ELET3 BKK:GULF SHSE:600886 TSE:9503 OHEL:FORTUM SHSE:600795 XSWX:BKW
Traded in Other Exchanges
89W:Germany
Address
Canton Grande, no. 6, 6th., La Coruna, ESP, 15003
Website
https://www.ecoener.es
Ecoener SA is a renewable energy company that builds and operates hydroelectric plants, wind farms, and photovoltaic solar plants. It generates renewable energy to contribute to sustainable development. In addition, it is also engaged in the design, promotion, development, construction, management, maintenance, operation, closure, and dismantling of the relevant production facilities. The Group has five operating segments: i) operation of hydropower plants, ii) operation of wind farms, iii) operation of solar photovoltaic plants, iv) electricity commercialization, and v) provision of other services. The majority of the revenue is earned from the operation of the wind farms segment.