Proton Motor Power Systems (LSE:PPS) Days Payable : 450.56 (As of Jun. 2023)

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What is Proton Motor Power Systems Days Payable?

Proton Motor Power Systems's average Accounts Payable for the six months ended in Jun. 2023 was £2.26 Mil. Proton Motor Power Systems's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.91 Mil. Hence, Proton Motor Power Systems's Days Payable for the six months ended in Jun. 2023 was 450.56.

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

LSE:PPS' s Days Payable Range Over the Past 10 Years
Min: 21.58 Med: 74.63 Max: 496.88
Current: 496.88

During the past 13 years, Proton Motor Power Systems's highest Days Payable was 496.88. The lowest was 21.58. And the median was 74.63.

LSE:PPS's Days Payable is ranked better than
98.23% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs LSE:PPS: 496.88

Proton Motor Power Systems's Days Payable declined from Jun. 2022 (680.99) to Jun. 2023 (450.56). It may suggest that Proton Motor Power Systems accelerated paying its suppliers.

Proton Motor Power Systems Days Payable Historical Data

The historical data trend for Proton Motor Power Systems'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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Proton Motor Power Systems Days Payable Chart

Proton Motor Power Systems Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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80.17

108.88

69.08

60.76

82.64

Proton Motor Power Systems Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															585.66	331.40	680.99	350.12	450.56

Competitive Comparison of Proton Motor Power Systems's Days Payable

For the Electrical Equipment & Parts subindustry, Proton Motor Power Systems'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.

Proton Motor Power Systems's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Proton Motor Power Systems's Days Payable falls into.

Proton Motor Power Systems 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.

Proton Motor Power Systems's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.505	+	0.441)	/	2 )	/	2.089	*	365
=	0.473					/	2.089	*	365
=	82.64

Proton Motor Power Systems's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.441	+	4.072)	/	2 )	/	0.914	*	365 / 2
=	2.2565					/	0.914	*	365 / 2
=	450.56

Proton Motor Power Systems Days Payable Related Terms

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Proton Motor Power Systems (LSE:PPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Proton Motor Power Systems PLC (LSE:PPS) » Definitions » Days Payable

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Traded in Other Exchanges

P6K0:Germany

Address

C/o Womble Bond Dickinson (UK) LLP, 4 More London Riverside, London, GBR, SE1 2AU

Website

https://www.proton-motor.de

Proton Motor Power Systems PLC and its subsidiaries are manufacturers of hydrogen fuel cells and fuel cell systems for mobile, maritime and stationary applications. It offers OEM fuel cell systems products, power supplies, and solar battery storage products. The company is organized into only the principal operating division, Green Energy. Its primary geographic markets are Germany, Europe, and the rest of the world of which Europe generates the majority of its revenue.