GRSO (Grow Solutions Holdings) Days Payable: 21.78 (As of Dec. 2016)


What is Grow Solutions Holdings Days Payable?

Grow Solutions Holdings GRSO -98.00% Days Payable is 21.78 as of Dec. 2016.

Grow Solutions Holdings's average Accounts Payable for the three months ended in Dec. 2016 was $0.57 Mil. Grow Solutions Holdings's Cost of Goods Sold for the three months ended in Dec. 2016 was $2.38 Mil. Hence, Grow Solutions Holdings's Days Payable for the three months ended in Dec. 2016 was 21.78.

The historical rank and industry rank for Grow Solutions Holdings's Days Payable or its related term are showing as below:

GRSO's Days Payable is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 69.415
* Ranked among companies with meaningful Days Payable only.

Grow Solutions Holdings's Days Payable declined from Dec. 2015 (60.74) to Dec. 2016 (21.78). It may suggest that Grow Solutions Holdings accelerated paying its suppliers.

Grow Solutions Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Grow Solutions Holdings'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.

Grow Solutions Holdings Days Payable Chart

Grow Solutions Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 177.52 62.67

Grow Solutions Holdings Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 60.74 103.02 67.50 55.10 21.78

GRSO vs PTXTQ, OPTI, INQD: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Grow Solutions Holdings'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.

Grow Solutions Holdings Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Grow Solutions Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Grow Solutions Holdings's Days Payable falls into.


Grow Solutions Holdings 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.

Grow Solutions Holdings's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (0.927 + 0.972) / 2 ) / 5.53*365
=0.9495 / 5.53*365
=62.67

Grow Solutions Holdings's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable (Q: Dec. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2016 ) + Accounts Payable (Q: Dec. 2016 )) / count ) / Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=( (0.166 + 0.972) / 2 ) / 2.384*365 / 4
=0.569 / 2.384*365 / 4
=21.78

* 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 21.78 mean?
Grow Solutions Holdings (GRSO) has a Days Payable of 21.78 as of Dec. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Grow Solutions Holdings and its competitors.
Is Grow Solutions Holdings' Days Payable too high?
Grow Solutions Holdings' current Days Payable is 21.78. The Farm & Heavy Construction Machinery industry median Days Payable is 69.42. Grow Solutions Holdings' value of 21.78 is 68.6% below this industry median.
How does Grow Solutions Holdings' Days Payable compare to PTXTQ and OPTI?
Grow Solutions Holdings' Days Payable of 21.78 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Days Payable is 69.42. Grow Solutions Holdings' value of 21.78 is 68.6% 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 a Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 69.42, based on 208 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. Grow Solutions Holdings's current Days Payable of 21.78 is 68.6% 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 Grow Solutions Holdings and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 69.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grow Solutions Holdings's current Days Payable is 21.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grow Solutions Holdings stock overvalued right now?
Grow Solutions Holdings (GRSO) has a current Days Payable of 21.78. The current Days Payable is 21.78 and 68.6% below the Farm & Heavy Construction Machinery industry median of 69.42. 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 Grow Solutions Holdings (GRSO), the current Days Payable is 21.78 as of Dec. 2016. 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.

Grow Solutions Holdings Business Description

Address 430 Franklin Village Drive, Franklin, MA, USA, 02038
Grow Solutions Holdings Inc is engaged in the design and manufacture of modular aeroponic vertical farming units that are fully equipped with proprietary monitoring and automation to make growing aeroponically simple and predictable with very little human intervention. The units are mainly used for agricultural products.