Neoen (XPAR:NEOEN) Days Payable : 2,195.86 (As of Dec. 2023)

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What is Neoen Days Payable?

Neoen's average Accounts Payable for the six months ended in Dec. 2023 was €299.6 Mil. Neoen's Cost of Goods Sold for the six months ended in Dec. 2023 was €24.9 Mil. Hence, Neoen's Days Payable for the six months ended in Dec. 2023 was 2,195.86.

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

XPAR:NEOEN' s Days Payable Range Over the Past 10 Years
Min: 819.13 Med: 2680.41 Max: 4326.35
Current: 1878.8

During the past 9 years, Neoen's highest Days Payable was 4326.35. The lowest was 819.13. And the median was 2680.41.

XPAR:NEOEN's Days Payable is ranked better than
96.36% of 385 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.03 vs XPAR:NEOEN: 1878.80

Neoen's Days Payable declined from Dec. 2022 (2,435.93) to Dec. 2023 (2,195.86). It may suggest that Neoen accelerated paying its suppliers.

Neoen Days Payable Historical Data

The historical data trend for Neoen'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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Neoen Days Payable Chart

Neoen Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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2,680.41

2,766.99

3,993.26

2,791.15

2,106.28

Neoen Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial											1,962.23	2,252.66	2,435.93	1,402.66	2,195.86

Competitive Comparison of Neoen's Days Payable

For the Utilities - Renewable subindustry, Neoen'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.

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

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

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

Neoen 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.

Neoen'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
=	( (242.4	+	386.6)	/	2 )	/	54.5	*	365
=	314.5					/	54.5	*	365
=	2,106.28

Neoen'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
=	( (212.6	+	386.6)	/	2 )	/	24.9	*	365 / 2
=	299.6					/	24.9	*	365 / 2
=	2,195.86

Neoen Days Payable Related Terms

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

Neoen (XPAR:NEOEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Neoen SA (XPAR:NEOEN) » Definitions » Days Payable

Traded in Other Exchanges

0A02:UK N1N:Germany

Address

6, rue Menars, Paris, FRA, 75002

Website

https://www.neoen.com

Listed since 2018, Neoen is a French renewables developer. The historic shareholder is Impala S.A.S., which still holds 42% of the capital. At the end of 2022, Neoen operated 4.1 GW of capacity of which 50% was solar, 36% onshore wind, and 13% utility-scale batteries—42% of this capacity is in Europe, 36% in Australia, and 22% in Americas but with no presence in the U.S.

Neoen (XPAR:NEOEN) Headlines

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