ESNC (EnSync) Days Payable: 38.77 (As of Sep. 2018)

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What is EnSync Days Payable?

EnSync ESNC Days Payable is 38.77 as of Sep. 2018.

EnSync's average Accounts Payable for the three months ended in Sep. 2018 was $1.01 Mil. EnSync's Cost of Goods Sold for the three months ended in Sep. 2018 was $2.38 Mil. Hence, EnSync's Days Payable for the three months ended in Sep. 2018 was 38.77.

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

ESNC's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.045
* Ranked among companies with meaningful Days Payable only.

EnSync's Days Payable declined from Sep. 2017 (43.66) to Sep. 2018 (38.77). It may suggest that EnSync accelerated paying its suppliers.

EnSync Days Payable Historical Data

* Premium members only.

The historical data trend for EnSync'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.

EnSync Days Payable Chart

EnSync Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.16 356.98 85.10 15.31 31.09

EnSync Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 43.66 41.92 70.29 77.94 38.77

EnSync Days Payable Competitor Comparison

For the Specialty Industrial Machinery subindustry, EnSync'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.

EnSync Days Payable vs Industrial Products Industry

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

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


EnSync 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.

EnSync's Days Payable for the fiscal year that ended in Jun. 2018 is calculated as

Days Payable (A: Jun. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2017 ) + Accounts Payable (A: Jun. 2018 )) / count ) / Cost of Goods Sold (A: Jun. 2018 )*Days in Period
=( (0.487 + 1.142) / 2 ) / 9.562*365
=0.8145 / 9.562*365
=31.09

EnSync's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

Days Payable (Q: Sep. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (1.142 + 0.878) / 2 ) / 2.377*365 / 4
=1.01 / 2.377*365 / 4
=38.77

* 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 38.77 mean?
EnSync (ESNC) has a Days Payable of 38.77 as of Sep. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on EnSync and its competitors.
Is EnSync's Days Payable too high?
EnSync's current Days Payable is 38.77. The Industrial Products industry median Days Payable is 78.05. EnSync's value of 38.77 is 50.3% below this industry median.
How does EnSync's Days Payable compare to competitors?
EnSync's Days Payable of 38.77 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.05. EnSync's value of 38.77 is 50.3% 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 78.05, based on 2,992 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. EnSync's current Days Payable of 38.77 is 50.3% 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 EnSync and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EnSync's current Days Payable is 38.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EnSync stock overvalued right now?
EnSync (ESNC) has a current Days Payable of 38.77. The current Days Payable is 38.77 and 50.3% below the Industrial Products industry median of 78.05. 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 EnSync (ESNC), the current Days Payable is 38.77 as of Sep. 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.

EnSync Business Description

Address N88 W13901 Main Street, Suite 200, Menomonee Falls, WI, USA, 53051
EnSync Inc develops, licenses, and manufactures energy management systems solutions serving the commercial and industrial C&I building, utility, and off-grid markets. It develops and commercializes product and service solutions for the distributed energy generation market, including energy management systems, energy storage systems, applications, and the Internet of energy platforms that link distributed energy resources with the grid network. The company's products include Matrix energy management system and advanced energy storage products.