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Enertime (XPAR:ALENE) Days Payable : 147.14 (As of Jun. 2023)


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What is Enertime Days Payable?

Enertime's average Accounts Payable for the six months ended in Jun. 2023 was €1.37 Mil. Enertime's Cost of Goods Sold for the six months ended in Jun. 2023 was €1.70 Mil. Hence, Enertime's Days Payable for the six months ended in Jun. 2023 was 147.14.

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

XPAR:ALENE' s Days Payable Range Over the Past 10 Years
Min: 92.81   Med: 328.46   Max: 4778.8
Current: 204.69

During the past 9 years, Enertime's highest Days Payable was 4778.80. The lowest was 92.81. And the median was 328.46.

XPAR:ALENE's Days Payable is ranked better than
87.06% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs XPAR:ALENE: 204.69

Enertime's Days Payable declined from Jun. 2022 (522.37) to Jun. 2023 (147.14). It may suggest that Enertime accelerated paying its suppliers.


Enertime Days Payable Historical Data

The historical data trend for Enertime'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.

Enertime Days Payable Chart

Enertime Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only 214.14 786.88 328.46 918.81 722.08

Enertime Semi-Annual Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 260.09 - 522.37 607.77 147.14

Competitive Comparison of Enertime's Days Payable

For the Specialty Industrial Machinery subindustry, Enertime'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.


Enertime's Days Payable Distribution in the Industrial Products Industry

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

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



Enertime 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.

Enertime'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
=( (0.776 + 1.23) / 2 ) / 0.507*365
=1.003 / 0.507*365
=722.08

Enertime'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
=( (1.23 + 1.516) / 2 ) / 1.703*365 / 2
=1.373 / 1.703*365 / 2
=147.14

* 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.


Enertime Days Payable Related Terms

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


Enertime (XPAR:ALENE) Business Description

Traded in Other Exchanges
Address
1 Rue du Moulin des Bruyères, Courbevoie, FRA, 92400
Enertime SA is engaged in the design and manufacture of turbines.

Enertime (XPAR:ALENE) Headlines

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