Hydrogenics (Hydrogenics) Days Payable : 85.69 (As of Jun. 2019)

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What is Hydrogenics Days Payable?

Hydrogenics's average Accounts Payable for the three months ended in Jun. 2019 was $8.55 Mil. Hydrogenics's Cost of Goods Sold for the three months ended in Jun. 2019 was $9.10 Mil. Hence, Hydrogenics's Days Payable for the three months ended in Jun. 2019 was 85.69.

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

HYGS's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 76.5
* Ranked among companies with meaningful Days Payable only.

Hydrogenics's Days Payable declined from Jun. 2018 (156.44) to Jun. 2019 (85.69). It may suggest that Hydrogenics accelerated paying its suppliers.

Hydrogenics Days Payable Historical Data

The historical data trend for Hydrogenics'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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Hydrogenics Days Payable Chart

Hydrogenics Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

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50.71

61.94

86.94

59.34

62.09

Hydrogenics Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Days Payable	Get a 7-Day Free Trial															156.44	137.66	79.61	134.62	85.69

Competitive Comparison of Hydrogenics's Days Payable

For the Specialty Industrial Machinery subindustry, Hydrogenics'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.

Hydrogenics's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hydrogenics's Days Payable distribution charts can be found below:

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

Hydrogenics 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.

Hydrogenics's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (4.612	+	3.952)	/	2 )	/	25.171	*	365
=	4.282					/	25.171	*	365
=	62.09

Hydrogenics's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

	Days Payable (Q: Jun. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2019 )	+	Accounts Payable (Q: Jun. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
=	( (8.467	+	8.628)	/	2 )	/	9.102	*	365 / 4
=	8.5475					/	9.102	*	365 / 4
=	85.69

Hydrogenics Days Payable Related Terms

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Hydrogenics (Hydrogenics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hydrogenics Corp (NAS:HYGS) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

220 Admiral Boulevard, Mississauga, ON, CAN, L5T 2N6

Website

http://www.hydrogenics.com

Hydrogenics Corp designs, manufactures, builds and installs industrial and commercial hydrogen generation and fuel cells and MW-scale energy storage solutions based on electrolysis technology and proton exchange membranes. Its products and solutions include Industrial hydrogen generators, Energy storage and Fueling solutions and Fuel cell power systems. The company has On-Site Generation and Power system business segments. It derives the majority of its revenues from OnSite generation segment.