Panama Power Holdings (XPTY:PPHO) Days Payable : 57.25 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Panama Power Holdings Days Payable?

Panama Power Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $2.69 Mil. Panama Power Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.28 Mil. Hence, Panama Power Holdings's Days Payable for the three months ended in Dec. 2023 was 57.25.

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

XPTY:PPHO' s Days Payable Range Over the Past 10 Years
Min: 33.62 Med: 128.89 Max: 276.88
Current: 75.08

During the past 13 years, Panama Power Holdings's highest Days Payable was 276.88. The lowest was 33.62. And the median was 128.89.

XPTY:PPHO's Days Payable is ranked worse than
50.77% of 388 companies
in the Utilities - Independent Power Producers industry
Industry Median: 77 vs XPTY:PPHO: 75.08

Panama Power Holdings's Days Payable declined from Dec. 2022 (63.69) to Dec. 2023 (57.25). It may suggest that Panama Power Holdings accelerated paying its suppliers.

Panama Power Holdings Days Payable Historical Data

The historical data trend for Panama Power Holdings'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.

Panama Power Holdings Days Payable Chart

Panama Power Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

109.67

216.56

154.08

75.67

33.62

Panama Power Holdings 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															63.69	153.13	92.85	64.70	57.25

Competitive Comparison of Panama Power Holdings's Days Payable

For the Utilities - Renewable subindustry, Panama Power Holdings'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.

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

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

* The bar in red indicates where Panama Power Holdings's Days Payable falls into.

Panama Power Holdings 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.

Panama Power Holdings'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
=	( (1.635	+	1.511)	/	2 )	/	17.078	*	365
=	1.573					/	17.078	*	365
=	33.62

Panama Power Holdings'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
=	( (3.863	+	1.511)	/	2 )	/	4.283	*	365 / 4
=	2.687					/	4.283	*	365 / 4
=	57.25

Panama Power Holdings Days Payable Related Terms

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

Panama Power Holdings (XPTY:PPHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Panama Power Holdings Inc (XPTY:PPHO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Torre V 9th Floor, Avenida La Rotonda, Costa del Este, Panama, PAN

Website

http://www.panamapower.net

Panama Power Holdings Inc through its subsidiaries is involved in construction, development, and operation of renewable energy plants. It operates through four hydroelectric plants in Chiriqui, Panama.

Panama Power Holdings (XPTY:PPHO) Headlines

No Headlines