BLSP (Blue Sphere) Days Payable: 509.23 (As of Dec. 2018)


What is Blue Sphere Days Payable?

Blue Sphere BLSP +33.33% Days Payable is 509.23 as of Dec. 2018.

Blue Sphere's average Accounts Payable for the three months ended in Dec. 2018 was $12.70 Mil. Blue Sphere's Cost of Goods Sold for the three months ended in Dec. 2018 was $2.28 Mil. Hence, Blue Sphere's Days Payable for the three months ended in Dec. 2018 was 509.23.

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

BLSP's Days Payable is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 79.64
* Ranked among companies with meaningful Days Payable only.

Blue Sphere's Days Payable declined from Dec. 2017 (732.71) to Dec. 2018 (509.23). It may suggest that Blue Sphere accelerated paying its suppliers.

Blue Sphere Days Payable Historical Data

* Premium members only.

The historical data trend for Blue Sphere'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.

Blue Sphere Days Payable Chart

Blue Sphere Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1,198.76 466.17

Blue Sphere Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 732.71 468.12 471.59 476.92 509.23

BLSP vs PRHL, ARAO, PWCO: Days Payable Comparison

For the Utilities - Renewable subindustry, Blue Sphere'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.

Blue Sphere Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Blue Sphere's Days Payable distribution charts can be found below:

* The bar in red indicates where Blue Sphere's Days Payable falls into.


Blue Sphere 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.

Blue Sphere's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (11.967 + 11.224) / 2 ) / 9.079*365
=11.5955 / 9.079*365
=466.17

Blue Sphere's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2018 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (14.179 + 11.224) / 2 ) / 2.276*365 / 4
=12.7015 / 2.276*365 / 4
=509.23

* 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 509.23 mean?
Blue Sphere (BLSP) has a Days Payable of 509.23 as of Dec. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Blue Sphere and its competitors.
Is Blue Sphere's Days Payable too high?
Blue Sphere's current Days Payable is 509.23. The Utilities - Independent Power Producers industry median Days Payable is 79.64. Blue Sphere's value of 509.23 is 539.4% above this industry median.
How does Blue Sphere's Days Payable compare to PRHL and ARAO?
Blue Sphere's Days Payable of 509.23 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Days Payable is 79.64. Blue Sphere's value of 509.23 is 539.4% above 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 Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.64, based on 390 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. Blue Sphere's current Days Payable of 509.23 is 539.4% 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 Blue Sphere and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Sphere's current Days Payable is 509.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Sphere stock overvalued right now?
Blue Sphere (BLSP) has a current Days Payable of 509.23. The current Days Payable is 509.23 and 539.4% above the Utilities - Independent Power Producers industry median of 79.64. 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 Blue Sphere (BLSP), the current Days Payable is 509.23 as of Dec. 2018. 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.

Blue Sphere Business Description

Address 301 McCullough Drive, 4th Floor, Charlotte, NC, USA, 28262
Blue Sphere Corp is an international clean-tech independent power producer that develops, owns and manages waste-to-energy facilities. It focuses on developing or acquiring projects with clean energy technologies, including waste-to-energy facilities that generate clean energy, such as electricity, natural gas, heat, soil amendment and other by-products. Geographically operates the project in the region of United States, Italy, and Israel.