CGE Transmision (XSGO:CGET) Days Payable : 8.94 (As of Dec. 2023)

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What is CGE Transmision Days Payable?

CGE Transmision's average Accounts Payable for the three months ended in Dec. 2023 was CLP2,102 Mil. CGE Transmision's Cost of Goods Sold for the three months ended in Dec. 2023 was CLP21,449 Mil. Hence, CGE Transmision's Days Payable for the three months ended in Dec. 2023 was 8.94.

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

XSGO:CGET' s Days Payable Range Over the Past 10 Years
Min: 3.8 Med: 5.79 Max: 7.78
Current: 6.48

During the past 3 years, CGE Transmision's highest Days Payable was 7.78. The lowest was 3.80. And the median was 5.79.

XSGO:CGET's Days Payable is ranked worse than
98.58% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.385 vs XSGO:CGET: 6.48

CGE Transmision's Days Payable increased from Dec. 2022 (5.08) to Dec. 2023 (8.94). It may suggest that CGE Transmision delayed paying its suppliers.

CGE Transmision Days Payable Historical Data

The historical data trend for CGE Transmision'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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CGE Transmision Days Payable Chart

CGE Transmision Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

3.80

7.78

CGE Transmision Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial				5.08	5.33	5.34	5.31	8.94

Competitive Comparison of CGE Transmision's Days Payable

For the Utilities - Regulated Electric subindustry, CGE Transmision'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.

CGE Transmision's Days Payable Distribution in the Utilities - Regulated Industry

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

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

CGE Transmision 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.

CGE Transmision'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
=	( (1143.313	+	2874.745)	/	2 )	/	94241.849	*	365
=	2009.029					/	94241.849	*	365
=	7.78

CGE Transmision'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
=	( (1329.457	+	2874.745)	/	2 )	/	21449.252	*	365 / 4
=	2102.101					/	21449.252	*	365 / 4
=	8.94

CGE Transmision Days Payable Related Terms

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CGE Transmision (XSGO:CGET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CGE Transmision SA (XSGO:CGET) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Presidente Riesco 5561, 17th floor, Las Condes, Santiago, CHL

Website

https://www.cgetransmision.cl

CGE Transmision SA engages in electricity transmission. It operates in the electric power transmission sector, mainly in the zonal transmission and dedicated transmission segments. The transmission system is divided into five large segments: National Transmission; Zonal Transmission; Dedicated Transmission; Transmission for development poles; and International Interconnection System.

CGE Transmision (XSGO:CGET) Headlines

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