GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Energy Focus Inc (NAS:EFOI) » Definitions » Days Payable

Energy Focus (Energy Focus) Days Payable

: 125.42 (As of Dec. 2023)
View and export this data going back to 1994. Start your Free Trial

Energy Focus's average Accounts Payable for the three months ended in Dec. 2023 was $3.19 Mil. Energy Focus's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.32 Mil. Hence, Energy Focus's Days Payable for the three months ended in Dec. 2023 was 125.42.

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

EFOI' s Days Payable Range Over the Past 10 Years
Min: 59.36   Med: 83.35   Max: 198.44
Current: 181.52

During the past 13 years, Energy Focus's highest Days Payable was 198.44. The lowest was 59.36. And the median was 83.35.

EFOI's Days Payable is ranked better than
93.83% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.75 vs EFOI: 181.52

Energy Focus's Days Payable declined from Dec. 2022 (207.11) to Dec. 2023 (125.42). It may suggest that Energy Focus accelerated paying its suppliers.


Energy Focus Days Payable Historical Data

The historical data trend for Energy Focus'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.

Energy Focus Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.12 59.83 105.29 128.88 198.44

Energy Focus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 207.11 218.93 264.84 181.25 125.42

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Energy Focus'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.


Energy Focus Days Payable Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Energy Focus's Days Payable distribution charts can be found below:

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



Energy Focus 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.

Energy Focus'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
=( (2.204 + 3.77) / 2 ) / 5.494*365
=2.987 / 5.494*365
=198.44

Energy Focus'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
=( (2.602 + 3.77) / 2 ) / 2.318*365 / 4
=3.186 / 2.318*365 / 4
=125.42

* 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.


Energy Focus Days Payable Related Terms

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


Energy Focus (Energy Focus) Business Description

Traded in Other Exchanges
Address
32000 Aurora Road, Suite B, Solon, OH, USA, 44139
Energy Focus Inc engages in the design, development, manufacturing, marketing, and sale of energy-efficient lighting systems and controls. It serves the military maritime market and general commercial markets. Its product offerings include Military maritime LED lighting products such as military intelligible, globe lights, berth lights, and military fixtures and Commercial products such as LED fixtures and panels, LED down-lights, LED dock lights, wall-packs, and LED retrofit kits. Geographically, it operates in the United States and other countries. Its products include Commercial products and MMM products. It generates a majority of its sales from Military maritime products in the United States.
Executives
Shou-jang Lee director 32000 AURORA RD., SUITE B, SOLON OH 44139
Randy Harrison Gianas officer: VP Operations & Engineering 32000 AURORA RD., SUITE B, SOLON OH 44139
Lesley A. Matt officer: Chief Executive Officer 32000 AURORA RD., SUITE B, SOLON OH 44139
Warren James Raymond Iii officer: SVP, GC & Corp. Secretary TUCKER ELLIS LLP, 925 EUCLID AVE., SUITE 1150, CLEVELAND OH 44115
Wen-jeng Chang director 32000 AURORA RD., SUITE B, SOLON OH 44139
Chiao Chieh Huang director, 10 percent owner 32000 AURORA RD., SUITE B, SOLON OH 44139
Gina Huang director, 10 percent owner C/O ENERGY FOCUS, INC., 32000 AURORA ROAD, SOLON OH 44139
Daas Kaj Den director EIFELLAAN #3, 5691 GW, SON EN BREUGEL P7 00000
Clifford R. Griffin officer: SVP, Corp. Controller & CAO 32000 AURORA ROAD, SUITE B, SOLON OH 44139
Jeffery Robert Parker director ENERGY FOCUS, INC., 32000 AURORA ROAD, SUITE B, SOLON OH 44139
Brian J Lagarto director 32000 AURORA RD., SUITE B, SOLON OH 44139
Gregory S Galluccio officer: Sr. VP, Product Mgmt & Engin. 32000 AURORA ROAD, SUITE B, SOLON OH 44139
Philip Politziner director C/O JENSYN ACQUISTION CORP, 800 WEST MAIN STREET, SUITE 204, FREEHOLD NJ 07728
Stephen Socolof director C/O EVERSPIN TECHNOLOGIES, INC., 1347 N. ALMA SCHOOL ROAD, SUITE 220, CHANDLER AZ 85224
James Tu director, officer: Executive Chairman & CEO ENERGY FOCUS, INC., 32000 AURORA ROAD, SOLON OH 44139

Energy Focus (Energy Focus) Headlines

From GuruFocus