RedFlow's average Accounts Payable for the
six
months ended in Dec. 2023 was €0.94 Mil. RedFlow's Cost of Goods Sold for the
six
months ended in Dec. 2023 was €4.38 Mil.
Hence, RedFlow's Days Payable for the
six
months ended in Dec. 2023 was 39.07.
The historical rank and industry rank for RedFlow's Days Payable or its related term are showing as below:
FRA:2RF's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 77.54 * Ranked among companies with meaningful Days Payable only.
RedFlow's Days Payable
declined
from Dec. 2022 (97.58) to Dec. 2023 (39.07).
It may suggest that RedFlowaccelerated paying its suppliers.
RedFlow Days Payable Related Terms
RedFlow Days Payable Historical Data
* Premium members only.
The historical data trend for RedFlow'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.
FRA:2RF vs JFTH, SPEC, VRT: Days Payable Comparison
For the Electrical Equipment & Parts subindustry, RedFlow'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.
RedFlow Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, RedFlow's Days Payable distribution charts can be found below:
* The bar in red indicates where RedFlow's Days Payable falls into.
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.
RedFlow's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
RedFlow (FRA:2RF) has a Days Payable of 39.07 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on RedFlow and its competitors.
Is RedFlow's Days Payable too high?
RedFlow's current Days Payable is 39.07. The Industrial Products industry median Days Payable is 77.54. RedFlow's value of 39.07 is 49.6% below this industry median. Overall, RedFlow has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does RedFlow's Days Payable compare to JFTH and SPEC?
RedFlow's Days Payable of 39.07 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 77.54. RedFlow's value of 39.07 is 49.6% 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 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. RedFlow's current Days Payable of 39.07 is 49.6% 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 RedFlow 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. RedFlow's current Days Payable is 39.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedFlow stock overvalued right now?
RedFlow (FRA:2RF) has a current Days Payable of 39.07. The current Days Payable is 39.07 and 49.6% below the Industrial Products industry median of 77.54. RedFlow's overall GF Score™ is 29/100. 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 RedFlow (FRA:2RF), the current Days Payable is 39.07 as of Dec. 2023. 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.
RedFlow Ltd consists of the development, manufacture, and sale of its bromine flowing electrolyte battery module (ZBM). The company's batteries provide sustainable energy storage solutions for various applications, including telecommunications, renewables integration, on and off-grid remote power, microgrids and smart grids, and transmission and distribution deferral. Redflow batteries are designed for high cycle-rate, long time-base stationary energy storage applications in the residential, commercial and industrial, and telecommunications sectors, and are scalable from a single battery installation through to grid-scale deployments.
29GF Score
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