IPWR (Ideal Power) Days Payable : 7,003.44 (As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Ideal Power Days Payable?

Ideal Power's average Accounts Payable for the three months ended in Sep. 2024 was $0.15 Mil. Ideal Power's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.00 Mil. Hence, Ideal Power's Days Payable for the three months ended in Sep. 2024 was 7,003.44.

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

IPWR' s Days Payable Range Over the Past 10 Years
Min: 73.82 Med: 121.52 Max: 630.85
Current: 630.85

During the past 13 years, Ideal Power's highest Days Payable was 630.85. The lowest was 73.82. And the median was 121.52.

IPWR's Days Payable is ranked better than
98.46% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs IPWR: 630.85

Ideal Power's Days Payable increased from Sep. 2023 (2,676.67) to Sep. 2024 (7,003.44). It may suggest that Ideal Power delayed paying its suppliers.

Ideal Power Days Payable Historical Data

The historical data trend for Ideal Power'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.

* Premium members only.

Ideal Power Days Payable Chart

Ideal Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

121.52

73.82

235.54

607.58

Ideal Power Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															2,676.67	465.18	520.39	1,645.18	7,003.44

Competitive Comparison of Ideal Power's Days Payable

For the Electrical Equipment & Parts subindustry, Ideal Power'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.

Ideal Power's Days Payable Distribution in the Industrial Products Industry

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

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

Ideal Power 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.

Ideal Power's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.131	+	0.405)	/	2 )	/	0.161	*	365
=	0.268					/	0.161	*	365
=	607.58

Ideal Power's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.231	+	0.076)	/	2 )	/	0.002	*	365 / 4
=	0.1535					/	0.002	*	365 / 4
=	7,003.44

Ideal Power Days Payable Related Terms

Thank you for viewing the detailed overview of Ideal Power's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ideal Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ideal Power Inc (NAS:IPWR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5508 Highway 290 West, Suite 120, Austin, TX, USA, 78735

Website

https://www.idealpower.com

Ideal Power Inc is pioneering the development of its broadly patented bidirectional power switches, creating efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS / data center, solid-state circuit breaker and other industrial and military applications. The company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. B-TRAN is a double-sided bidirectional AC switchable to deliver substantial performance improvements over conventional power semiconductors. The primary raw material used in the fabrication of B-TRAN devices is silicon wafers.

Executives

Laban E Lesster	director	4120 FREIDRICH LN STE 100, AUSTIN TX 78744
Daniel Brdar	director, officer: BTRAN Chief Commercial Officer	FUELCELL ENERGY INC, 3 GREAT PASTURE ROAD, DANBURY CT 06813-1305
Gregory C Knight	director	C/O IDEAL POWER INC., 5508 HIGHWAY 290 WEST, SUITE 120, AUSTIN TX 78735
Drue Freeman	director	C/O IDEAL POWER INC., 5508 HIGHWAY 290 WEST, SUITE 120, AUSTIN TX 78735
David B Eisenhaure	director	478 JERUSALEM ROAD, COHASSET MA 02025
Michael C Turmelle	director	27 COUNTRY FARM WAY, STRATHAM NH 03885
Lon E Bell	director, officer: President and CEO	C/O AMERIGON INC, 5462 IRWINDALE AVENUE, IRWINDALE CA 91706
Timothy Burns	officer: Chief Financial Officer	900 E. HAMILTON AVENUE, SUITE 400, CAMPBELL CA 95008
Awm Investment Company, Inc.	10 percent owner	527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Bill Alexander	director, officer: Chief Technology Officer	5004 BEE CREEK ROAD, SUITE 600, SPICEWOOD TX 78669
Mark L Baum	director	C/O IMPRIMIS PHARMACEUTICALS, INC, 12264 EL CAMINO REAL, SUITE 350, SAN DIEGO CA 92130
Peter A Appel	10 percent owner	C/O ARCH CAPITAL HOLDINGS LTD, 20 HORSENECK LANE, GREENWICH CT 06830
Ryan O'keefe	officer: Senior VP, Bus. Development	4120 FREIDRICH LANE, SUITE 100, AUSTIN TX 78744
Marxe Austin W & Greenhouse David M	10 percent owner	C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Tarr Charles De	10 percent owner, officer: VP Finance	5004 BEE CREEK ROAD, SUITE 600, SPICEWOOD TX 78669