HYHY (Hydrogen Hybrid Technologies) Days Payable: 0.00 (As of Mar. 2009)

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What is Hydrogen Hybrid Technologies Days Payable?

Hydrogen Hybrid Technologies HYHY -71.00% Days Payable is 0.00 as of Mar. 2009.

Hydrogen Hybrid Technologies's average Accounts Payable for the three months ended in Mar. 2009 was $0.00 Mil. Hydrogen Hybrid Technologies's Cost of Goods Sold for the three months ended in Mar. 2009 was $0.00 Mil.

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

HYHY's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.04
* Ranked among companies with meaningful Days Payable only.

Hydrogen Hybrid Technologies's Days Payable declined from Mar. 2008 (2,297.47) to Mar. 2009 (0.00). It may suggest that Hydrogen Hybrid Technologies accelerated paying its suppliers.

Hydrogen Hybrid Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Hydrogen Hybrid Technologies'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.

Hydrogen Hybrid Technologies Days Payable Chart

Hydrogen Hybrid Technologies Annual Data
Trend Dec05 Dec06 Sep07 Sep08
Days Payable
0.00 0.00 5,505.00 2,815.23

Hydrogen Hybrid Technologies Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 2,297.47 2,869.44 3,759.79 0.00 0.00

HYHY vs ENCR, ESNC, SENY: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Hydrogen Hybrid Technologies'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.

Hydrogen Hybrid Technologies Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Hydrogen Hybrid Technologies's Days Payable falls into.


Hydrogen Hybrid Technologies 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.

Hydrogen Hybrid Technologies's Days Payable for the fiscal year that ended in Sep. 2008 is calculated as

Days Payable (A: Sep. 2008 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2007 ) + Accounts Payable (A: Sep. 2008 )) / count ) / Cost of Goods Sold (A: Sep. 2008 )*Days in Period
=( (1.101 + 1.398) / 2 ) / 0.162*365
=1.2495 / 0.162*365
=2,815.23

Hydrogen Hybrid Technologies's Days Payable for the quarter that ended in Mar. 2009 is calculated as:

Days Payable (Q: Mar. 2009 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2008 ) + Accounts Payable (Q: Mar. 2009 )) / count ) / Cost of Goods Sold (Q: Mar. 2009 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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 0.00 mean?
Hydrogen Hybrid Technologies (HYHY) has a Days Payable of 0.00 as of Mar. 2009. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hydrogen Hybrid Technologies and its competitors.
Is Hydrogen Hybrid Technologies' Days Payable too high?
Hydrogen Hybrid Technologies' current Days Payable is 0.00.
How does Hydrogen Hybrid Technologies' Days Payable compare to ENCR and ESNC?
Hydrogen Hybrid Technologies' Days Payable of 0.00 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.04. 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 78.04, based on 2,993 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. 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 Hydrogen Hybrid Technologies and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydrogen Hybrid Technologies's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrogen Hybrid Technologies stock overvalued right now?
Hydrogen Hybrid Technologies (HYHY) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Hydrogen Hybrid Technologies (HYHY), the current Days Payable is 0.00 as of Mar. 2009. 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.

Hydrogen Hybrid Technologies Business Description

Address 62 Waterbridge Way, Toronto, ON, CAN, M1C 5B9
Hydrogen Hybrid Technologies Inc is engaged in the business of selling and distributing of on-board hydrogen generating and injections systems for the Original Equipment Manufacturer, car and light truck markets globally.