ITM Power (ITM Power) Days Payable : 363.96 (As of Oct. 2023)

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What is ITM Power Days Payable?

ITM Power's average Accounts Payable for the six months ended in Oct. 2023 was $41.37 Mil. ITM Power's Cost of Goods Sold for the six months ended in Oct. 2023 was $20.74 Mil. Hence, ITM Power's Days Payable for the six months ended in Oct. 2023 was 363.96.

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

ITMPF' s Days Payable Range Over the Past 10 Years
Min: 28.5 Med: 133.22 Max: 367.27
Current: 266.3

During the past 13 years, ITM Power's highest Days Payable was 367.27. The lowest was 28.50. And the median was 133.22.

ITMPF's Days Payable is ranked better than
93.78% of 2928 companies
in the Industrial Products industry
Industry Median: 76.5 vs ITMPF: 266.30

ITM Power's Days Payable increased from Oct. 2022 (114.53) to Oct. 2023 (363.96). It may suggest that ITM Power delayed paying its suppliers.

ITM Power Days Payable Historical Data

The historical data trend for ITM Power'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.

ITM Power Days Payable Chart

ITM Power Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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146.36

102.92

51.69

62.66

29.24

ITM Power Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial															319.53	132.87	114.53	123.75	363.96

Competitive Comparison of ITM Power's Days Payable

For the Specialty Industrial Machinery subindustry, ITM Power'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.

ITM Power's Days Payable Distribution in the Industrial Products Industry

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

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

ITM Power 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.

ITM Power's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (11.276	+	5.542)	/	2 )	/	104.974	*	365
=	8.409					/	104.974	*	365
=	29.24

ITM Power's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (5.542	+	77.19)	/	2 )	/	20.742	*	365 / 2
=	41.366					/	20.742	*	365 / 2
=	363.96

ITM Power Days Payable Related Terms

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

ITM Power (ITM Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITM Power PLC (OTCPK:ITMPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ITM.GB:UK ITM:UK IJ8:Germany

Address

2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ

Website

https://www.itm-power.com

ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.

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