GNAL (Generation Alpha) Days Payable: 990.48 (As of Jun. 2021)


What is Generation Alpha Days Payable?

Generation Alpha GNAL Days Payable is 990.48 as of Jun. 2021.

Generation Alpha's average Accounts Payable for the three months ended in Jun. 2021 was $1.53 Mil. Generation Alpha's Cost of Goods Sold for the three months ended in Jun. 2021 was $0.14 Mil. Hence, Generation Alpha's Days Payable for the three months ended in Jun. 2021 was 990.48.

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

GNAL's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.08
* Ranked among companies with meaningful Days Payable only.

Generation Alpha's Days Payable declined from Jun. 2020 (1,168.54) to Jun. 2021 (990.48). It may suggest that Generation Alpha accelerated paying its suppliers.

Generation Alpha Days Payable Historical Data

* Premium members only.

The historical data trend for Generation Alpha'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.

Generation Alpha Days Payable Chart

Generation Alpha Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.18 52.46 154.15 483.64 852.99

Generation Alpha Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 1,168.54 598.09 1,341.38 652.42 990.48

GNAL vs WVFC, GNRV, EFBI: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Generation Alpha'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.

Generation Alpha Days Payable vs Industrial Products Industry

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

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


Generation Alpha 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.

Generation Alpha's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (1.562 + 1.649) / 2 ) / 0.687*365
=1.6055 / 0.687*365
=852.99

Generation Alpha's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

Days Payable (Q: Jun. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2021 ) + Accounts Payable (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (1.597 + 1.464) / 2 ) / 0.141*365 / 4
=1.5305 / 0.141*365 / 4
=990.48

* 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 990.48 mean?
Generation Alpha (GNAL) has a Days Payable of 990.48 as of Jun. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Generation Alpha and its competitors.
Is Generation Alpha's Days Payable too high?
Generation Alpha's current Days Payable is 990.48. The Industrial Products industry median Days Payable is 78.08. Generation Alpha's value of 990.48 is 1168.5% above this industry median.
How does Generation Alpha's Days Payable compare to WVFC and GNRV?
Generation Alpha's Days Payable of 990.48 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.08. Generation Alpha's value of 990.48 is 1168.5% above 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 78.08, 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. Generation Alpha's current Days Payable of 990.48 is 1168.5% above 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 Generation Alpha and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generation Alpha's current Days Payable is 990.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Alpha stock overvalued right now?
Generation Alpha (GNAL) has a current Days Payable of 990.48. The current Days Payable is 990.48 and 1168.5% above the Industrial Products industry median of 78.08. 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 Generation Alpha (GNAL), the current Days Payable is 990.48 as of Jun. 2021. 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.

Generation Alpha Business Description

Address 1689-A Arrow Route, Upland, CA, USA, 91786
Generation Alpha Inc researches, designs, develops, and manufactures energy-efficient indoor horticulture lighting and ancillary equipment. The company's product portfolio includes digital ballasts, digital lamps, reflectors, lighting accessories, and others. Its products are used for, the hydroponic and indoor growing of other horticultural products, such as hothouse vegetables, decorative plant nurseries, indoor aquariums, and industrial painting facilities and sold to retail stores, distributors and commercial growers.