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SmartHeatFRA:S2TN Days Payable is 54.34 as of Jun. 2022, which is 42% below its 10-year median of 94.12. The stock has 4 warning signs investors should review.
SmartHeat's average Accounts Payable for the
three
months ended in Jun. 2022 was €0.20 Mil. SmartHeat's Cost of Goods Sold for the
three
months ended in Jun. 2022 was €0.33 Mil.
Hence, SmartHeat's Days Payable for the
three
months ended in Jun. 2022 was 54.34.
The historical rank and industry rank for SmartHeat's Days Payable or its related term are showing as below:
FRA:S2TN'
s Days Payable Range Over the Past 10 Years
Min: 23.51 Med: 94.12 Max: 533.03
Current: 132.55
During the past 13 years, SmartHeat's highest Days Payable was 533.03. The lowest was 23.51. And the median was 94.12.
FRA:S2TN's Days Payable is not ranked
in the Chemicals industry.
Industry Median: 59.25
vs FRA:S2TN: 132.55
SmartHeat's Days Payable
increased
from Jun. 2021 (21.76) to Jun. 2022 (54.34).
It may suggest that SmartHeatdelayed paying its suppliers.
The historical data trend for SmartHeat'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:S2TN vs ATYG, GRST, NXTFF: Days Payable Comparison
For the Chemicals subindustry, SmartHeat'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.
SmartHeat Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SmartHeat's Days Payable distribution charts can be found below:
* The bar in red indicates where SmartHeat'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.
SmartHeat's Days Payable for the fiscal year that ended in Dec. 2021 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.
SmartHeat (FRA:S2TN) has a Days Payable of 54.34 as of Jun. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SmartHeat and its competitors. This is 42% below median its historical median of 94.12. Over the past decade, SmartHeat's Days Payable has ranged from 23.51 to 533.03.
Is SmartHeat's Days Payable too high?
SmartHeat's current Days Payable of 54.34 is 42% below median its 10-year median of 94.12. Over the past 10 years, this metric has ranged from a low of 23.51 to a high of 533.03. The Chemicals industry median Days Payable is 59.25. SmartHeat's value of 54.34 is 8.3% below this industry median.
How does SmartHeat's Days Payable compare to ATYG and GRST?
SmartHeat's Days Payable of 54.34 can be compared against companies in the Chemicals industry. The industry median Days Payable is 59.25. SmartHeat's value of 54.34 is 8.3% below this benchmark. Historically, SmartHeat's own Days Payable has ranged from 23.51 to 533.03 over the past decade. While the company's 10-year median is 94.12 vs. the industry median of 59.25, SmartHeat 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 a Chemicals company?
The median Days Payable among Chemicals companies is 59.25, based on 1,569 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. SmartHeat's current Days Payable of 54.34 is 8.3% 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 SmartHeat and its competitors. For the Chemicals industry, the median Days Payable is 59.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SmartHeat's current Days Payable is 54.34, which is 42% below median its own 10-year median of 94.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartHeat stock overvalued right now?
SmartHeat (FRA:S2TN) has a current Days Payable of 54.34. The current Days Payable is 54.34, which is 42% below median its 10-year median of 94.12 and 8.3% below the Chemicals industry median of 59.25. 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 SmartHeat (FRA:S2TN), the current Days Payable is 54.34 as of Jun. 2022. 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.
Lithium & Boron Technology Inc is a Chinese boric acid manufacturing company. The company focuses on the comprehensive development and utilization of salt lake resources and product research and development, and is a resource-based enterprise integrating boron ore mining, boric acid production, deep processing of borate compounds, and production and sales of industrial salt.
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