FCEL (FuelCell Energy) Days Payable: 29.16 (As of Apr. 2026) — 53% Below Median


FCEL FuelCell Energy Inc FCEL
60 GF Score
Price $24.00
GF Value $7.92
Valuation Significantly Overvalued
! 11 Warning Signs
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What is FuelCell Energy Days Payable?

FuelCell Energy FCEL +22.20% 60 Days Payable is 29.16 as of Apr. 2026, which is 53% below its 10-year median of 61.67. GuruFocus rates FCEL with a GF Score™ of 60/100 and a GF Value™ of $7.92 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 2,997 Industrial Products companies, FuelCell Energy ranks worse than 85.99% on this metric.

FuelCell Energy's average Accounts Payable for the three months ended in Apr. 2026 was $15.5 Mil. FuelCell Energy's Cost of Goods Sold for the three months ended in Apr. 2026 was $48.5 Mil. Hence, FuelCell Energy's Days Payable for the three months ended in Apr. 2026 was 29.16.

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

FCEL' s Days Payable Range Over the Past 10 Years
Min: 32   Med: 61.67   Max: 137.83
Current: 32

During the past 13 years, FuelCell Energy's highest Days Payable was 137.83. The lowest was 32.00. And the median was 61.67.

FCEL's Days Payable is ranked worse than
85.99% of 2997 companies
in the Industrial Products industry
Industry Median: 77.54 vs FCEL: 32.00

FuelCell Energy's Days Payable declined from Apr. 2025 (39.93) to Apr. 2026 (29.16). It may suggest that FuelCell Energy accelerated paying its suppliers.


FuelCell Energy Days Payable Historical Data

* Premium members only.

The historical data trend for FuelCell Energy'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.

FuelCell Energy Days Payable Chart

FuelCell Energy Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.76 54.12 74.56 60.53 39.15

FuelCell Energy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 39.93 34.26 24.72 39.57 29.16

FCEL vs ENR, ADSE, KE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, FuelCell Energy'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.


FuelCell Energy Days Payable vs Industrial Products Industry

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

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


FCEL
60GF Score
FuelCell Energy Inc FCEL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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FuelCell Energy 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.

FuelCell Energy's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as

Days Payable (A: Oct. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2024 ) + Accounts Payable (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (22.585 + 17.009) / 2 ) / 184.57*365
=19.797 / 184.57*365
=39.15

FuelCell Energy's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (14.547 + 16.464) / 2 ) / 48.518*365 / 4
=15.5055 / 48.518*365 / 4
=29.16

* 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 29.16 mean?
FuelCell Energy (FCEL) has a Days Payable of 29.16 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on FuelCell Energy and its competitors. This is 53% below median its historical median of 61.67. Over the past decade, FuelCell Energy's Days Payable has ranged from 32.00 to 137.83. According to the industry distribution chart, FuelCell Energy ranks #2577 out of 2997 companies in the Industrial Products industry, placing it in the top 86%.
Is FuelCell Energy's Days Payable too high?
FuelCell Energy's current Days Payable of 29.16 is 53% below median its 10-year median of 61.67. Over the past 10 years, this metric has ranged from a low of 32.00 to a high of 137.83. The Industrial Products industry median Days Payable is 77.54. FuelCell Energy's value of 29.16 is 62.4% below this industry median. Based on the distribution chart, FuelCell Energy ranks #2577 out of 2997 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, FuelCell Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FuelCell Energy's Days Payable compare to ENR and ADSE?
According to the Industrial Products industry distribution chart, FuelCell Energy ranks #2577 out of 2997 companies for Days Payable. This places FuelCell Energy in the lower half of its industry. The industry median Days Payable is 77.54. FuelCell Energy's value of 29.16 is 62.4% below this benchmark. Historically, FuelCell Energy's own Days Payable has ranged from 32.00 to 137.83 over the past decade. While the company's 10-year median is 61.67 vs. the industry median of 77.54, FuelCell Energy has consistently been below 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. FuelCell Energy's current Days Payable of 29.16 is 62.4% 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 FuelCell Energy and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FuelCell Energy's current Days Payable is 29.16, which is 53% below median its own 10-year median of 61.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FuelCell Energy stock overvalued right now?
Based on GuruFocus' analysis, FuelCell Energy (FCEL) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.92, compared to a current price of $24.00 — trading 203% above its estimated fair value. The current Days Payable is 29.16, which is 53% below median its 10-year median of 61.67 and 62.4% below the Industrial Products industry median of 77.54. FuelCell Energy's overall GF Score™ is 60/100 with 11 warning signs to review. 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 FuelCell Energy (FCEL), the current Days Payable is 29.16 as of Apr. 2026. 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.

Is FuelCell Energy (FCEL) Overvalued in 2026?

Based on GuruFocus' analysis, FuelCell Energy stock appears to be overvalued. The current stock price of $24.00 is trading 203% above its estimated GF Value™ of $7.92. GuruFocus considers FuelCell Energy to be Significantly Overvalued.

Key valuation signals for FCEL:

  • Days Payable: 29.16 (53% below median its 10-year median of 61.67)
  • GF Value™: $7.92 vs. price of $24.00 (203% above fair value)
  • GF Score™: 60/100 with 11 warning signs
  • Industry Position: 62.4% below the Industrial Products median (#2577 of 2997)

No single metric tells the full story. See the FCEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FuelCell Energy Business Description

Address 3 Great Pasture Road, Danbury, CT, USA, 06810
FuelCell Energy Inc is a clean energy technology company engaged in the development, design, production, and servicing of high temperature fuel cells for clean electric power generation. The Company provides proprietary molten carbonate fuel cell systems that generate electricity electrochemically with ultra low emissions and high efficiency, and operates as a solutions provider managing the design, manufacturing, installation, and maintenance of its systems under long term power purchase, service, and engineering procurement agreements. The Company serves utilities, data centers, and commercial and industrial customers, and operates in the United States, South Korea, Europe, and Canada, with maximum revenue generated from the United States.
60GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.00
Price
$7.92
GF Value