EBODF (New Energy Exchange) Days Payable: 2,144.42 (As of Jun. 2012)


What is New Energy Exchange Days Payable?

New Energy Exchange EBODF Days Payable is 2,144.42 as of Jun. 2012.

New Energy Exchange's average Accounts Payable for the six months ended in Jun. 2012 was $22.58 Mil. New Energy Exchange's Cost of Goods Sold for the six months ended in Jun. 2012 was $1.92 Mil. Hence, New Energy Exchange's Days Payable for the six months ended in Jun. 2012 was 2,144.42.

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

EBODF's Days Payable is not ranked *
in the Semiconductors industry.
Industry Median: 53.06
* Ranked among companies with meaningful Days Payable only.

New Energy Exchange's Days Payable increased from Jun. 2011 (213.98) to Jun. 2012 (2,144.42). It may suggest that New Energy Exchange delayed paying its suppliers.

New Energy Exchange Days Payable Historical Data

* Premium members only.

The historical data trend for New Energy Exchange'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.

New Energy Exchange Days Payable Chart

New Energy Exchange Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.22 12,045.00 0.00 95.49 452.89

New Energy Exchange Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12
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 0.00 47.74 213.98 255.26 2,144.42

EBODF vs YGEHY, BSRC: Days Payable Comparison

For the Solar subindustry, New Energy Exchange'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.

New Energy Exchange Days Payable vs Semiconductors Industry

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

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


New Energy Exchange 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.

New Energy Exchange's Days Payable for the fiscal year that ended in Dec. 2011 is calculated as

Days Payable (A: Dec. 2011 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2010 ) + Accounts Payable (A: Dec. 2011 )) / count ) / Cost of Goods Sold (A: Dec. 2011 )*Days in Period
=( (1.775 + 25.371) / 2 ) / 10.939*365
=13.573 / 10.939*365
=452.89

New Energy Exchange's Days Payable for the quarter that ended in Jun. 2012 is calculated as:

Days Payable (Q: Jun. 2012 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2011 ) + Accounts Payable (Q: Jun. 2012 )) / count ) / Cost of Goods Sold (Q: Jun. 2012 )*Days in Period
=( (25.371 + 19.797) / 2 ) / 1.922*365 / 2
=22.584 / 1.922*365 / 2
=2,144.42

* 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 2,144.42 mean?
New Energy Exchange (EBODF) has a Days Payable of 2,144.42 as of Jun. 2012. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on New Energy Exchange and its competitors.
Is New Energy Exchange's Days Payable too high?
New Energy Exchange's current Days Payable is 2,144.42. The Semiconductors industry median Days Payable is 53.06. New Energy Exchange's value of 2,144.42 is 3941.5% above this industry median.
How does New Energy Exchange's Days Payable compare to YGEHY and BSRC?
New Energy Exchange's Days Payable of 2,144.42 can be compared against companies in the Semiconductors industry. The industry median Days Payable is 53.06. New Energy Exchange's value of 2,144.42 is 3941.5% 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 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. New Energy Exchange's current Days Payable of 2,144.42 is 3941.5% 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 New Energy Exchange 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. New Energy Exchange's current Days Payable is 2,144.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Energy Exchange stock overvalued right now?
New Energy Exchange (EBODF) has a current Days Payable of 2,144.42. The current Days Payable is 2,144.42 and 3941.5% above the Semiconductors industry median of 53.06. 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 New Energy Exchange (EBODF), the current Days Payable is 2,144.42 as of Jun. 2012. 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.

New Energy Exchange Business Description

Address Unit 1407, 14 Floor West Tower Shun Tak Centre, 168-200 Connaught Road Central, Hong Kong, HKG
New Energy Exchange Ltd is a renewable energy company. It is a service provider focusing on the new ecology of energy Internet and provides integrated solutions based on blockchain technologies. The company has three business division: Blockchain technology application; New energy and Internet+.