CRKN (Crown ElectroKinetics) Days Payable: 108.11 (As of Mar. 2025)

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What is Crown ElectroKinetics Days Payable?

Crown ElectroKinetics CRKN Days Payable is 108.11 as of Mar. 2025.

Crown ElectroKinetics's average Accounts Payable for the three months ended in Mar. 2025 was $4.49 Mil. Crown ElectroKinetics's Cost of Goods Sold for the three months ended in Mar. 2025 was $3.79 Mil. Hence, Crown ElectroKinetics's Days Payable for the three months ended in Mar. 2025 was 108.11.

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

CRKN's Days Payable is not ranked *
in the Chemicals industry.
Industry Median: 59.73
* Ranked among companies with meaningful Days Payable only.

Crown ElectroKinetics's Days Payable increased from Mar. 2024 (101.61) to Mar. 2025 (108.11). It may suggest that Crown ElectroKinetics delayed paying its suppliers.


Crown ElectroKinetics Days Payable Historical Data

* Premium members only.

The historical data trend for Crown ElectroKinetics'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.

Crown ElectroKinetics Days Payable Chart

Crown ElectroKinetics Annual Data
Trend Mar19 Mar20 Mar21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 523.95 0.00 0.00 462.11 62.01

Crown ElectroKinetics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 101.61 50.97 45.14 55.93 108.11

CRKN vs HGAS, ILDO, VRSRF: Days Payable Comparison

For the Specialty Chemicals subindustry, Crown ElectroKinetics'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.


Crown ElectroKinetics Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Crown ElectroKinetics's Days Payable distribution charts can be found below:

* The bar in red indicates where Crown ElectroKinetics's Days Payable falls into.



Crown ElectroKinetics 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.

Crown ElectroKinetics's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1.5 + 5.437) / 2 ) / 20.415*365
=3.4685 / 20.415*365
=62.01

Crown ElectroKinetics's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (5.437 + 3.541) / 2 ) / 3.789*365 / 4
=4.489 / 3.789*365 / 4
=108.11

* 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 108.11 mean?
Crown ElectroKinetics (CRKN) has a Days Payable of 108.11 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Crown ElectroKinetics and its competitors.
Is Crown ElectroKinetics' Days Payable too high?
Crown ElectroKinetics' current Days Payable is 108.11. The Chemicals industry median Days Payable is 59.73. Crown ElectroKinetics' value of 108.11 is 81% above this industry median.
How does Crown ElectroKinetics' Days Payable compare to HGAS and ILDO?
Crown ElectroKinetics' Days Payable of 108.11 can be compared against companies in the Chemicals industry. The industry median Days Payable is 59.73. Crown ElectroKinetics' value of 108.11 is 81% 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 a Chemicals company?
The median Days Payable among Chemicals companies is 59.73, based on 1,554 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. Crown ElectroKinetics's current Days Payable of 108.11 is 81% 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 Crown ElectroKinetics and its competitors. For the Chemicals industry, the median Days Payable is 59.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crown ElectroKinetics's current Days Payable is 108.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crown ElectroKinetics stock overvalued right now?
Crown ElectroKinetics (CRKN) has a current Days Payable of 108.11. The current Days Payable is 108.11 and 81% above the Chemicals industry median of 59.73. 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 Crown ElectroKinetics (CRKN), the current Days Payable is 108.11 as of Mar. 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.

Crown ElectroKinetics Business Description

Address 1110 NE Circle Boulevard, Corvallis, OR, USA, 97330
Crown ElectroKinetics Corp is a provider of DynamicTint. The company's technology allows any glass surface to transition between clear and dark in seconds. DynamicTint allows windows to transition from transparent to black. With applications to a wide array of windows, including commercial buildings, automotive sunroofs, and residential skylights, Crown partners with glass and film manufacturers for mass production and distribution. Its technology is a thin film that is powered by an electrically-charged pigment which not only replaces common window tints but is also a more sustainable alternative to traditional window treatments. It is supported by a robust patent portfolio.