SolarEdge Technologies (SolarEdge Technologies) Days Payable

: 96.25 (As of Dec. 2023)

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SolarEdge Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $393 Mil. SolarEdge Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $372 Mil. Hence, SolarEdge Technologies's Days Payable for the three months ended in Dec. 2023 was 96.25.

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

SEDG' s Days Payable Range Over the Past 10 Years
Min: 50.96 Med: 57.86 Max: 91.71
Current: 67.09

During the past 12 years, SolarEdge Technologies's highest Days Payable was 91.71. The lowest was 50.96. And the median was 57.86.

SEDG's Days Payable is ranked better than
62.89% of 962 companies
in the Semiconductors industry
Industry Median: 51.88 vs SEDG: 67.09

SolarEdge Technologies's Days Payable increased from Dec. 2022 (55.90) to Dec. 2023 (96.25). It may suggest that SolarEdge Technologies delayed paying its suppliers.

SolarEdge Technologies Days Payable Historical Data

The historical data trend for SolarEdge Technologies'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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SolarEdge Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.96

58.38

56.63

57.34

67.96

SolarEdge Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															55.90	61.54	57.07	65.32	96.25

Competitive Comparison

For the Solar subindustry, SolarEdge Technologies'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.

SolarEdge Technologies Days Payable Distribution

For the Semiconductors industry and Technology sector, SolarEdge Technologies's Days Payable distribution charts can be found below:

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

SolarEdge Technologies 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.

SolarEdge Technologies'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
=	( (459.831	+	386.471)	/	2 )	/	2272.705	*	365
=	423.151					/	2272.705	*	365
=	67.96

SolarEdge Technologies'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
=	( (399.274	+	386.471)	/	2 )	/	372.469	*	365 / 4
=	392.8725					/	372.469	*	365 / 4
=	96.25

SolarEdge Technologies Days Payable Related Terms

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SolarEdge Technologies (SolarEdge Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SolarEdge Technologies Inc (NAS:SEDG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SEDG:Mexico 2ED:Germany 2ED:Germany 2ED:Germany SEDG:Austria

Address

1 HaMada Street, Post Box 12001, Herziliya Pituach, ISR, 4673335

Website

https://www.solaredge.com

SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.

Executives

Marcel Gani	director	142 ALMENDRAL AVE, ATHERTON CA 94027
More Avery	director	5930 ROYAL LANE SUITE E-120, DALLAS TX 75230
Ronen Faier	officer: Chief Financial Officer	MARVA 11, HERZLIA L3 46417
Dana Rebecca Gross	director	C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Meir Adest	officer: VP, Core Technologies	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Uri Bechor	officer: Chief Operating Officer	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Zvi Lando	officer: Vice President, Global Sales	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Rachel Prishkolnik	officer: VP, GC and Corporate Secretary	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Dirk Hoke	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Doron Inbar	director	C/O CARMEL VENTURES, 12 ABBA EBAN AVENUE, HERZELIYA L3 46725
Yoav Galin	officer: VP, Research and Development	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Tal Payne	director	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Betsy S Atkins	director
Jonathan Cheifetz	director	9 EIN YAKOV ST., TEL AVIV L3 65155
Lior Handelsman	officer: VP, Marktng and Prod Strategy	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335