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FTC SolarFTCI +8.00%53 Days Payable is 37.04 as of Jun. 2026, which is 22% below its 10-year median of 47.62. GuruFocus rates FTCI with a GF Score™ of 53/100 and a GF Value™ of $5.63 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,004 Semiconductors companies, FTC Solar ranks worse than 52.19% on this metric.
FTC Solar's average Accounts Payable for the
three
months ended in Jun. 2026 was $11.5 Mil. FTC Solar's Cost of Goods Sold for the
three
months ended in Jun. 2026 was $28.4 Mil.
Hence, FTC Solar's Days Payable for the
three
months ended in Jun. 2026 was 37.04.
The historical rank and industry rank for FTC Solar's Days Payable or its related term are showing as below:
FTCI'
s Days Payable Range Over the Past 10 Years
Min: 25.15 Med: 47.62 Max: 66.86
Current: 51.82
During the past 7 years, FTC Solar's highest Days Payable was 66.86. The lowest was 25.15. And the median was 47.62.
FTCI's Days Payable is ranked worse than 52.19% of 1004
companies
in the Semiconductors industry
Industry Median: 54.545
vs FTCI: 51.82
FTC Solar's Days Payable
declined
from Jun. 2025 (62.02) to Jun. 2026 (37.04).
It may suggest that FTC Solaraccelerated paying its suppliers.
The historical data trend for FTC Solar'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.
For the Solar subindustry, FTC Solar'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.
FTC Solar Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, FTC Solar's Days Payable distribution charts can be found below:
* The bar in red indicates where FTC Solar'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.
FTC Solar's Days Payable for the fiscal year that ended in Dec. 2025 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.
FTC Solar (FTCI) has a Days Payable of 37.04 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on FTC Solar and its competitors. This is 22% below median its historical median of 47.62. Over the past decade, FTC Solar's Days Payable has ranged from 25.15 to 66.86. According to the industry distribution chart, FTC Solar ranks #524 out of 1004 companies in the Semiconductors industry, placing it in the top 52.2%.
Is FTC Solar's Days Payable too high?
FTC Solar's current Days Payable of 37.04 is 22% below median its 10-year median of 47.62. Over the past 10 years, this metric has ranged from a low of 25.15 to a high of 66.86. The Semiconductors industry median Days Payable is 54.55. FTC Solar's value of 37.04 is 32.1% below this industry median. Based on the distribution chart, FTC Solar ranks #524 out of 1004 companies in the Semiconductors industry, which is below the industry midpoint. Overall, FTC Solar has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FTC Solar's Days Payable compare to SPRU and ASTI?
According to the Semiconductors industry distribution chart, FTC Solar ranks #524 out of 1004 companies for Days Payable. This places FTC Solar in the lower half of its industry. The industry median Days Payable is 54.55. FTC Solar's value of 37.04 is 32.1% below this benchmark. Historically, FTC Solar's own Days Payable has ranged from 25.15 to 66.86 over the past decade. While the company's 10-year median is 47.62 vs. the industry median of 54.55, FTC Solar 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 54.55, based on 1,004 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. FTC Solar's current Days Payable of 37.04 is 32.1% 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 FTC Solar and its competitors. For the Semiconductors industry, the median Days Payable is 54.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FTC Solar's current Days Payable is 37.04, which is 22% below median its own 10-year median of 47.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTC Solar stock overvalued right now?
Based on GuruFocus' analysis, FTC Solar (FTCI) is currently considered Possible Value Trap. The stock's GF Value™ is $5.63, compared to a current price of $2.42 — trading 57% below its estimated fair value. The current Days Payable is 37.04, which is 22% below median its 10-year median of 47.62 and 32.1% below the Semiconductors industry median of 54.55. FTC Solar's overall GF Score™ is 53/100 with 5 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 FTC Solar (FTCI), the current Days Payable is 37.04 as of Jun. 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 FTC Solar (FTCI) Overvalued in 2026?
Based on GuruFocus' analysis, FTC Solar stock appears to be undervalued.
The current stock price of $2.42 is trading 57% below its estimated GF Value™ of $5.63.
GuruFocus considers FTC Solar to be Possible Value Trap.
Key valuation signals for FTCI:
Days Payable: 37.04 (22% below median its 10-year median of 47.62)
GF Value™: $5.63 vs. price of $2.42 (57% below fair value)
Industry Position: 32.1% below the Semiconductors median (#524 of 1004)
No single metric tells the full story. See the FTCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S.-manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.
53GF Score
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