Alternative Energy (LSE:ALR) Days Payable: 5,312.05 (As of Jun. 2014)


What is Alternative Energy Days Payable?

Alternative Energy LSE:ALR Days Payable is 5,312.05 as of Jun. 2014. The stock has 4 warning signs investors should review.

Alternative Energy's average Accounts Payable for the six months ended in Jun. 2014 was £2.04 Mil. Alternative Energy's Cost of Goods Sold for the six months ended in Jun. 2014 was £0.07 Mil. Hence, Alternative Energy's Days Payable for the six months ended in Jun. 2014 was 5,312.05.

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

LSE:ALR' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 10
Current: 10

During the past 7 years, Alternative Energy's highest Days Payable was 10.00. The lowest was 0.00. And the median was 0.00.

LSE:ALR's Days Payable is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 79.9 vs LSE:ALR: 10.00

Alternative Energy's Days Payable declined from Jun. 2013 (101,409.17) to Jun. 2014 (5,312.05). It may suggest that Alternative Energy accelerated paying its suppliers.

Alternative Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Alternative Energy'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.

Alternative Energy Days Payable Chart

Alternative Energy Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Dec13
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 126,350.83

Alternative Energy Semi-Annual Data
Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Jun13 Dec13 Jun14
Days Payable Get a 7-Day Free Trial Premium Member Only 0.00 0.00 101,409.17 113,880.00 5,312.05

Alternative Energy Days Payable Competitor Comparison

For the Utilities - Independent Power Producers subindustry, Alternative Energy'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.

Alternative Energy Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternative Energy's Days Payable distribution charts can be found below:

* The bar in red indicates where Alternative Energy's Days Payable falls into.


Alternative Energy 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.

Alternative Energy's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable (A: Dec. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2012 ) + Accounts Payable (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (0 + 2.077) / 1 ) / 0.006*365
=2.077 / 0.006*365
=126,350.83

Alternative Energy's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable (Q: Jun. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2013 ) + Accounts Payable (Q: Jun. 2014 )) / count ) / Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=( (2.077 + 1.998) / 2 ) / 0.07*365 / 2
=2.0375 / 0.07*365 / 2
=5,312.05

* 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 5,312.05 mean?
Alternative Energy (LSE:ALR) has a Days Payable of 5,312.05 as of Jun. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Alternative Energy and its competitors.
Is Alternative Energy's Days Payable too high?
Alternative Energy's current Days Payable is 5,312.05. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Alternative Energy's value of 5,312.05 is 6548.4% above this industry median.
How does Alternative Energy's Days Payable compare to competitors?
Alternative Energy's Days Payable of 5,312.05 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Days Payable is 79.90. Alternative Energy's value of 5,312.05 is 6548.4% above 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 390 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. Alternative Energy's current Days Payable of 5,312.05 is 6548.4% above 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 Alternative Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alternative Energy's current Days Payable is 5,312.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternative Energy stock overvalued right now?
Alternative Energy (LSE:ALR) has a current Days Payable of 5,312.05. The current Days Payable is 5,312.05 and 6548.4% above the Utilities - Independent Power Producers industry median of 79.90. 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 Alternative Energy (LSE:ALR), the current Days Payable is 5,312.05 as of Jun. 2014. 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.

Alternative Energy Business Description

Alternative Energy Ltd provides technology, hardware and equipment for renewable energy and green energy solutions. Its solutions include Renewable Energy, The E-Roof - The PC of Energy, and AEL Energy Saving products such as eLIVE and eLUMEN. It also makes acquisitions to develop energy technologies, business and companies which offer an alternative to conventional fossil fuel and nuclear methods of generating household and industrial energy, as well as providing management services to its subsidiaries.