ENPH (Enphase Energy) Days Payable: 79.12 (As of Mar. 2026) — 65% Above Median


ENPH Enphase Energy Inc ENPH
76 GF Score
Price $47.21
GF Value $62.55
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Enphase Energy Days Payable?

Enphase Energy ENPH -1.28% 76 Days Payable is 79.12 as of Mar. 2026, which is 65% above its 10-year median of 48.02. GuruFocus rates ENPH with a GF Score™ of 76/100 and a GF Value™ of $62.55 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 999 Semiconductors companies, Enphase Energy ranks better than 67.97% on this metric.

Enphase Energy's average Accounts Payable for the three months ended in Mar. 2026 was $158 Mil. Enphase Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was $183 Mil. Hence, Enphase Energy's Days Payable for the three months ended in Mar. 2026 was 79.12.

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

ENPH' s Days Payable Range Over the Past 10 Years
Min: 32.14   Med: 48.02   Max: 73.23
Current: 73.23

During the past 13 years, Enphase Energy's highest Days Payable was 73.23. The lowest was 32.14. And the median was 48.02.

ENPH's Days Payable is ranked better than
67.97% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs ENPH: 73.23

Enphase Energy's Days Payable increased from Mar. 2025 (49.89) to Mar. 2026 (79.12). It may suggest that Enphase Energy delayed paying its suppliers.


Enphase Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Enphase Energy'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.

Enphase Energy Days Payable Chart

Enphase Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.10 32.14 35.73 53.66 68.05

Enphase Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 49.89 65.85 74.82 93.40 79.12

ENPH vs SEDG, RUN, SHLS: Days Payable Comparison

For the Solar subindustry, Enphase Energy'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.


Enphase Energy Days Payable vs Semiconductors Industry

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

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


ENPH
76GF Score
Enphase Energy Inc ENPH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Enphase Energy 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.

Enphase Energy's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (90.032 + 203.039) / 2 ) / 785.981*365
=146.5355 / 785.981*365
=68.05

Enphase Energy's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (203.039 + 113.462) / 2 ) / 182.507*365 / 4
=158.2505 / 182.507*365 / 4
=79.12

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 79.12 mean?
Enphase Energy (ENPH) has a Days Payable of 79.12 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Enphase Energy and its competitors. This is 65% above median its historical median of 48.02. Over the past decade, Enphase Energy's Days Payable has ranged from 32.14 to 73.23. According to the industry distribution chart, Enphase Energy ranks #320 out of 999 companies in the Semiconductors industry, placing it in the top 32%.
Is Enphase Energy's Days Payable too high?
Enphase Energy's current Days Payable of 79.12 is 65% above median its 10-year median of 48.02. Over the past 10 years, this metric has ranged from a low of 32.14 to a high of 73.23. The Semiconductors industry median Days Payable is 53.06. Enphase Energy's value of 79.12 is 49.1% above this industry median. Based on the distribution chart, Enphase Energy ranks #320 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Enphase Energy has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enphase Energy's Days Payable compare to SEDG and RUN?
According to the Semiconductors industry distribution chart, Enphase Energy ranks #320 out of 999 companies for Days Payable. This puts Enphase Energy in the upper half of its industry. The industry median Days Payable is 53.06. Enphase Energy's value of 79.12 is 49.1% above this benchmark. Historically, Enphase Energy's own Days Payable has ranged from 32.14 to 73.23 over the past decade. While the company's 10-year median is 48.02 vs. the industry median of 53.06, Enphase Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enphase Energy's current Days Payable of 79.12 is 49.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Enphase Energy and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enphase Energy's current Days Payable is 79.12, which is 65% above median its own 10-year median of 48.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enphase Energy stock overvalued right now?
Based on GuruFocus' analysis, Enphase Energy (ENPH) is currently considered Modestly Undervalued. The stock's GF Value™ is $62.55, compared to a current price of $47.21 — trading 24.5% below its estimated fair value. The current Days Payable is 79.12, which is 65% above median its 10-year median of 48.02 and 49.1% above the Semiconductors industry median of 53.06. Enphase Energy's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Enphase Energy (ENPH), the current Days Payable is 79.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Enphase Energy (ENPH) Overvalued in 2026?

Based on GuruFocus' analysis, Enphase Energy stock appears to be undervalued. The current stock price of $47.21 is trading 24.5% below its estimated GF Value™ of $62.55. GuruFocus considers Enphase Energy to be Modestly Undervalued.

Key valuation signals for ENPH:

  • Days Payable: 79.12 (65% above median its 10-year median of 48.02)
  • GF Value™: $62.55 vs. price of $47.21 (24.5% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 49.1% above the Semiconductors median (#320 of 999)

No single metric tells the full story. See the ENPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enphase Energy Business Description

Address 47281 Bayside Parkway, Fremont, CA, USA, 94538
Enphase Energy is a global energy technology company. It delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Enphase derives a majority of revenue from the United States.
76GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$47.21
Price
$62.55
GF Value