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

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Hydrogen Hybrid Technologies Days Payable?

Hydrogen Hybrid Technologies's average Accounts Payable for the three months ended in Mar. 2009 was $1.14 Mil. Hydrogen Hybrid Technologies's Cost of Goods Sold for the three months ended in Mar. 2009 was $ 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: 78.58
* Ranked among companies with meaningful Days Payable only.

Hydrogen Hybrid Technologies's Days Payable declined from Mar. 2008 (2,265.61) to Mar. 2009 (). 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 Dec02 Dec03 Dec04 Dec05 Sep06 Sep07 Sep08
Days Payable
Get a 7-Day Free Trial - - - 6,504.60 1,158.85

Hydrogen Hybrid Technologies Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,265.61 2,866.60 3,717.79 4,093.29 -

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
=( (1.100886 + 1.397651) / 2 ) / 0.393478*365
=1.2492685 / 0.393478*365
=1,158.85

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
=( (1.140952 + 1.130883) / 2 ) / *365 / 4
=1.1359175 / *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.

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.