APGI (American Power Group) Days Payable: 70.22 (As of Jun. 2017)

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What is American Power Group Days Payable?

American Power Group APGI Days Payable is 70.22 as of Jun. 2017.

American Power Group's average Accounts Payable for the three months ended in Jun. 2017 was $0.55 Mil. American Power Group's Cost of Goods Sold for the three months ended in Jun. 2017 was $0.72 Mil. Hence, American Power Group's Days Payable for the three months ended in Jun. 2017 was 70.22.

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

APGI's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.065
* Ranked among companies with meaningful Days Payable only.

American Power Group's Days Payable increased from Jun. 2016 (70.12) to Jun. 2017 (70.22). It may suggest that American Power Group delayed paying its suppliers.


American Power Group Days Payable Historical Data

* Premium members only.

The historical data trend for American Power Group'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.

American Power Group Days Payable Chart

American Power Group Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163.36 78.68 103.01 118.46 90.06

American Power Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 70.12 73.14 61.91 44.73 70.22

APGI vs TNRG: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, American Power Group'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.


American Power Group Days Payable vs Industrial Products Industry

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

* The bar in red indicates where American Power Group's Days Payable falls into.



American Power Group 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.

American Power Group's Days Payable for the fiscal year that ended in Sep. 2016 is calculated as

Days Payable (A: Sep. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2015 ) + Accounts Payable (A: Sep. 2016 )) / count ) / Cost of Goods Sold (A: Sep. 2016 )*Days in Period
=( (1.017 + 0.492) / 2 ) / 3.058*365
=0.7545 / 3.058*365
=90.06

American Power Group's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable (Q: Jun. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2017 ) + Accounts Payable (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (0.566 + 0.539) / 2 ) / 0.718*365 / 4
=0.5525 / 0.718*365 / 4
=70.22

* 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 70.22 mean?
American Power Group (APGI) has a Days Payable of 70.22 as of Jun. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on American Power Group and its competitors.
Is American Power Group's Days Payable too high?
American Power Group's current Days Payable is 70.22. The Industrial Products industry median Days Payable is 78.07. American Power Group's value of 70.22 is 10% below this industry median.
How does American Power Group's Days Payable compare to TNRG?
American Power Group's Days Payable of 70.22 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.07. American Power Group's value of 70.22 is 10% below this benchmark. 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,994 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. American Power Group's current Days Payable of 70.22 is 10% below 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 American Power Group and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Power Group's current Days Payable is 70.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Power Group stock overvalued right now?
American Power Group (APGI) has a current Days Payable of 70.22. The current Days Payable is 70.22 and 10% below the Industrial Products industry median of 78.07. 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 American Power Group (APGI), the current Days Payable is 70.22 as of Jun. 2017. 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.

American Power Group Business Description

Address 125th Avenue, No. 2204, P.O. Box 187, Algona, IA, USA, 50511
American Power Group Corp delivers alternative fuel solutions to the heavy-duty truck and stationary power generation industries. The company operates its business through two segments: Dual Fuel Conversions and Natural Gas Liquids Operations. The company offers vehicular and stationary solutions, and dual fuel conversions for marine, mining and rail applications. The company also provides flare capture and recovery services to oil and gas production companies. The geographic markets of the company include the United States and Canada. Geographically, the company receives maximum revenue from the United States.