HPSIF (Hybrid Power Solutions) Days Payable : 148.12 (As of Nov. 2024)

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What is Hybrid Power Solutions Days Payable?

Hybrid Power Solutions's average Accounts Payable for the three months ended in Nov. 2024 was $0.90 Mil. Hybrid Power Solutions's Cost of Goods Sold for the three months ended in Nov. 2024 was $0.56 Mil. Hence, Hybrid Power Solutions's Days Payable for the three months ended in Nov. 2024 was 148.12.

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

HPSIF' s Days Payable Range Over the Past 10 Years
Min: 66.93 Med: 122.37 Max: 253.94
Current: 186.33

During the past 4 years, Hybrid Power Solutions's highest Days Payable was 253.94. The lowest was 66.93. And the median was 122.37.

HPSIF's Days Payable is ranked better than
84.33% of 2942 companies
in the Industrial Products industry
Industry Median: 76.52 vs HPSIF: 186.33

Hybrid Power Solutions's Days Payable declined from Nov. 2023 (375.89) to Nov. 2024 (148.12). It may suggest that Hybrid Power Solutions accelerated paying its suppliers.

Hybrid Power Solutions Days Payable Historical Data

The historical data trend for Hybrid Power Solutions'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.

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Hybrid Power Solutions Days Payable Chart

Hybrid Power Solutions Annual Data

Trend

May21

May22

May23

May24

Days Payable

82.42

67.75

163.81

255.45

Hybrid Power Solutions Quarterly Data
	May21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Days Payable	Get a 7-Day Free Trial								375.89	257.06	155.35	167.85	148.12

Competitive Comparison of Hybrid Power Solutions's Days Payable

For the Electrical Equipment & Parts subindustry, Hybrid Power Solutions'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.

Hybrid Power Solutions's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hybrid Power Solutions's Days Payable falls into.

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Hybrid Power Solutions 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.

Hybrid Power Solutions's Days Payable for the fiscal year that ended in May. 2024 is calculated as

	Days Payable (A: May. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2023 )	+	Accounts Payable (A: May. 2024 ))	/	count )	/	Cost of Goods Sold (A: May. 2024 )	*	Days in Period
=	( (1.147	+	0.933)	/	2 )	/	1.486	*	365
=	1.04					/	1.486	*	365
=	255.45

Hybrid Power Solutions's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

	Days Payable (Q: Nov. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2024 )	+	Accounts Payable (Q: Nov. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
=	( (0.866	+	0.939)	/	2 )	/	0.556	*	365 / 4
=	0.9025					/	0.556	*	365 / 4
=	148.12

Hybrid Power Solutions Days Payable Related Terms

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Hybrid Power Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hybrid Power Solutions Inc (OTCPK:HPSIF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

E092:Germany HPSS:Canada

Address

333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1

Website

https://www.hybridps.ca

Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada; Revenue is generated in three geographical markets, being Canada, United States and Netherlands.