SOLON AG fuer Solartechnik (LTS:0G3C) Days Payable : 61.36 (As of Sep. 2011)

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What is SOLON AG fuer Solartechnik Days Payable?

SOLON AG fuer Solartechnik's average Accounts Payable for the three months ended in Sep. 2011 was €82.6 Mil. SOLON AG fuer Solartechnik's Cost of Goods Sold for the three months ended in Sep. 2011 was €122.8 Mil. Hence, SOLON AG fuer Solartechnik's Days Payable for the three months ended in Sep. 2011 was 61.36.

The historical rank and industry rank for SOLON AG fuer Solartechnik's Days Payable or its related term are showing as below:

LTS:0G3C' s Days Payable Range Over the Past 10 Years
Min: 41.92 Med: 62.65 Max: 5283
Current: 226.46

During the past 8 years, SOLON AG fuer Solartechnik's highest Days Payable was 5283.00. The lowest was 41.92. And the median was 62.65.

LTS:0G3C's Days Payable is not ranked
in the Semiconductors industry.
Industry Median: 51.74 vs LTS:0G3C: 226.46

SOLON AG fuer Solartechnik's Days Payable increased from Sep. 2010 (49.04) to Sep. 2011 (61.36). It may suggest that SOLON AG fuer Solartechnik delayed paying its suppliers.

SOLON AG fuer Solartechnik Days Payable Historical Data

The historical data trend for SOLON AG fuer Solartechnik'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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SOLON AG fuer Solartechnik Days Payable Chart

SOLON AG fuer Solartechnik Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Days Payable

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46.23

51.10

40.45

78.31

56.38

SOLON AG fuer Solartechnik Quarterly Data
	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Days Payable	Get a 7-Day Free Trial												49.04	52.06	89.43	62.97	61.36

Competitive Comparison of SOLON AG fuer Solartechnik's Days Payable

For the Solar subindustry, SOLON AG fuer Solartechnik'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.

SOLON AG fuer Solartechnik's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SOLON AG fuer Solartechnik's Days Payable distribution charts can be found below:

* The bar in red indicates where SOLON AG fuer Solartechnik's Days Payable falls into.

SOLON AG fuer Solartechnik 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.

SOLON AG fuer Solartechnik's Days Payable for the fiscal year that ended in Dec. 2010 is calculated as

	Days Payable (A: Dec. 2010 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2009 )	+	Accounts Payable (A: Dec. 2010 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2010 )	*	Days in Period
=	( (53.325	+	106.58)	/	2 )	/	517.629	*	365
=	79.9525					/	517.629	*	365
=	56.38

SOLON AG fuer Solartechnik's Days Payable for the quarter that ended in Sep. 2011 is calculated as:

	Days Payable (Q: Sep. 2011 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2011 )	+	Accounts Payable (Q: Sep. 2011 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2011 )	*	Days in Period
=	( (88.958	+	76.191)	/	2 )	/	122.804	*	365 / 4
=	82.5745					/	122.804	*	365 / 4
=	61.36

SOLON AG fuer Solartechnik Days Payable Related Terms

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SOLON AG fuer Solartechnik (LTS:0G3C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SOLON AG fuer Solartechnik (LTS:0G3C) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3840 South Palo Verde, Suite 205, Tucson, AZ, USA, 85714

Website

http://www.solon.com

SOLON SE is a Germany-based manufacturer of solar modules and supplier of solar system technology. It produces and distributes solar modules, as well monocrystalline and polycrystalline solar cells to wholesalers and installers. It focuses on the construction of turnkey solar power plants on rooftops and on open fields, as well as the distribution of systems to project developers and utility companies.

SOLON AG fuer Solartechnik (LTS:0G3C) Headlines

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