MBAK (MBAK Energy Solutions) Days Payable: 0.00 (As of Jun. 2018)


What is MBAK Energy Solutions Days Payable?

MBAK Energy Solutions MBAK Days Payable is 0.00 as of Jun. 2018.

MBAK Energy Solutions's average Accounts Payable for the three months ended in Jun. 2018 was $1.60 Mil. MBAK Energy Solutions's Cost of Goods Sold for the three months ended in Jun. 2018 was $0.00 Mil.

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

MBAK's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 67.12
* Ranked among companies with meaningful Days Payable only.

MBAK Energy Solutions's Days Payable stayed the same from Sep. 2016 (0.00) to Jun. 2018 (0.00). stayed the same


MBAK Energy Solutions Days Payable Historical Data

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The historical data trend for MBAK Energy Solutions'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.

MBAK Energy Solutions Days Payable Chart

MBAK Energy Solutions Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 572.69 0.00 0.00 0.00 0.00

MBAK Energy Solutions Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17 Mar18 Jun18
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 0.00 0.00 0.00 0.00 0.00

MBAK vs AJIA, CICN, EHVVF: Days Payable Comparison

For the Recreational Vehicles subindustry, MBAK Energy Solutions'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.


MBAK Energy Solutions Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MBAK Energy Solutions's Days Payable distribution charts can be found below:

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



MBAK Energy Solutions 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.

MBAK Energy Solutions's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (0.633 + 0.747) / 2 ) / 0*365
=0.69 / 0*365
=N/A

MBAK Energy Solutions's Days Payable for the quarter that ended in Jun. 2018 is calculated as:

Days Payable (Q: Jun. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2018 ) + Accounts Payable (Q: Jun. 2018 )) / count ) / Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=( (1.532 + 1.658) / 2 ) / 0*365 / 4
=1.595 / 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?
MBAK Energy Solutions (MBAK) has a Days Payable of 0.00 as of Jun. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MBAK Energy Solutions and its competitors.
Is MBAK Energy Solutions' Days Payable too high?
MBAK Energy Solutions' current Days Payable is 0.00.
How does MBAK Energy Solutions' Days Payable compare to AJIA and CICN?
MBAK Energy Solutions' Days Payable of 0.00 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.12. 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 a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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 MBAK Energy Solutions and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBAK Energy Solutions'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 MBAK Energy Solutions stock overvalued right now?
MBAK Energy Solutions (MBAK) 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 MBAK Energy Solutions (MBAK), the current Days Payable is 0.00 as of Jun. 2018. 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.

MBAK Energy Solutions Business Description

Address 3940 US Highway 421N, Wilmington Trade Center Building 3, Wilmington, NC, USA, 28401
MBAK Energy Solutions Inc is engaged in the development, manufacturing, and commercialization of non-fossil fuel energy products. These include lithium, sodium, and solid-state batteries for industrial, medical, portable electronics, and EV applications. It focuses on the energy storage and sustainable transportation industry. The company produces and markets Battery Energy Storage Systems (BESS) for power grid and commercial applications. The company also produces a broad range of energy storage and management for consumer use and white-label systems for other industrial and consumer applications.