BINI (Bollinger Innovations) Days Payable: 398.81 (As of Jun. 2025) — 94% Below Median


What is Bollinger Innovations Days Payable?

Bollinger Innovations BINI +40.00% Days Payable is 398.81 as of Jun. 2025, which is 94% below its 10-year median of 6,716.91. The stock has 6 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Bollinger Innovations ranks better than 98.4% on this metric.

Bollinger Innovations's average Accounts Payable for the three months ended in Jun. 2025 was $46.18 Mil. Bollinger Innovations's Cost of Goods Sold for the three months ended in Jun. 2025 was $10.57 Mil. Hence, Bollinger Innovations's Days Payable for the three months ended in Jun. 2025 was 398.81.

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

BINI' s Days Payable Range Over the Past 10 Years
Min: 375.37   Med: 6716.91   Max: 12844.94
Current: 375.37

During the past 6 years, Bollinger Innovations's highest Days Payable was 12844.94. The lowest was 375.37. And the median was 6716.91.

BINI's Days Payable is ranked better than
98.4% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 67.02 vs BINI: 375.37

Bollinger Innovations's Days Payable declined from Jun. 2024 (65,835.61) to Jun. 2025 (398.81). It may suggest that Bollinger Innovations accelerated paying its suppliers.


Bollinger Innovations Days Payable Historical Data

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The historical data trend for Bollinger Innovations'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.

Bollinger Innovations Days Payable Chart

Bollinger Innovations Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 12,844.94 588.87

Bollinger Innovations Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 65,835.61 191.18 617.72 637.86 398.81

BINI vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Bollinger Innovations'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.


Bollinger Innovations Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bollinger Innovations's Days Payable distribution charts can be found below:

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



Bollinger Innovations 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.

Bollinger Innovations's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

Days Payable (A: Sep. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2023 ) + Accounts Payable (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (13.176 + 41.336) / 2 ) / 16.894*365
=27.256 / 16.894*365
=588.87

Bollinger Innovations's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (49.962 + 42.396) / 2 ) / 10.566*365 / 4
=46.179 / 10.566*365 / 4
=398.81

* 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 398.81 mean?
Bollinger Innovations (BINI) has a Days Payable of 398.81 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bollinger Innovations and its competitors. This is 94% below median its historical median of 6,716.91. Over the past decade, Bollinger Innovations' Days Payable has ranged from 375.37 to 12,844.94. According to the industry distribution chart, Bollinger Innovations ranks #21 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 1.6%.
Is Bollinger Innovations' Days Payable too high?
Bollinger Innovations' current Days Payable of 398.81 is 94% below median its 10-year median of 6,716.91. Over the past 10 years, this metric has ranged from a low of 375.37 to a high of 12,844.94. The Vehicles & Parts industry median Days Payable is 67.02. Bollinger Innovations' value of 398.81 is 495.1% above this industry median. Based on the distribution chart, Bollinger Innovations ranks #21 out of 1311 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers.
How does Bollinger Innovations' Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Bollinger Innovations ranks #21 out of 1311 companies for Days Payable. This places Bollinger Innovations in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.02. Bollinger Innovations' value of 398.81 is 495.1% above this benchmark. Historically, Bollinger Innovations' own Days Payable has ranged from 375.37 to 12,844.94 over the past decade. While the company's 10-year median is 6,716.91 vs. the industry median of 67.02, Bollinger Innovations 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,311 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. Bollinger Innovations's current Days Payable of 398.81 is 495.1% 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 Bollinger Innovations and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bollinger Innovations's current Days Payable is 398.81, which is 94% below median its own 10-year median of 6,716.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bollinger Innovations stock overvalued right now?
Bollinger Innovations (BINI) has a current Days Payable of 398.81. The current Days Payable is 398.81, which is 94% below median its 10-year median of 6,716.91 and 495.1% above the Vehicles & Parts industry median of 67.02. 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 Bollinger Innovations (BINI), the current Days Payable is 398.81 as of Jun. 2025. 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.

Bollinger Innovations Business Description

Address 1405 Pioneer Street, Brea, CA, USA, 92821
Bollinger Innovations Inc is a Southern California-based automotive company building the next generation of commercial electric vehicles (EVs) with U.S. based vehicle manufacturing located in Tunica, Mississippi. both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (CARB) and EPA certified and available for sale in the U.S.