Pineapple Energy (Pineapple Energy) Days Payable : 79.55 (As of Mar. 2024)

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What is Pineapple Energy Days Payable?

Pineapple Energy's average Accounts Payable for the three months ended in Mar. 2024 was $7.34 Mil. Pineapple Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $8.41 Mil. Hence, Pineapple Energy's Days Payable for the three months ended in Mar. 2024 was 79.55.

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

PEGY' s Days Payable Range Over the Past 10 Years
Min: 53.66 Med: 71.35 Max: 89.03
Current: 56.8

During the past 4 years, Pineapple Energy's highest Days Payable was 89.03. The lowest was 53.66. And the median was 71.35.

PEGY's Days Payable is ranked better than
55.54% of 965 companies
in the Semiconductors industry
Industry Median: 51.74 vs PEGY: 56.80

Pineapple Energy's Days Payable increased from Mar. 2023 (49.79) to Mar. 2024 (79.55). It may suggest that Pineapple Energy delayed paying its suppliers.

Pineapple Energy Days Payable Historical Data

The historical data trend for Pineapple 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.

* Premium members only.

Pineapple Energy Days Payable Chart

Pineapple Energy Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

89.03

53.66

Pineapple Energy Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								49.79	51.26	55.13	48.37	79.55

Competitive Comparison of Pineapple Energy's Days Payable

For the Solar subindustry, Pineapple 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.

Pineapple Energy's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Pineapple Energy's Days Payable distribution charts can be found below:

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

Pineapple 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.

Pineapple Energy'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
=	( (7.594	+	7.677)	/	2 )	/	51.937	*	365
=	7.6355					/	51.937	*	365
=	53.66

Pineapple Energy's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (7.677	+	6.993)	/	2 )	/	8.414	*	365 / 4
=	7.335					/	8.414	*	365 / 4
=	79.55

Pineapple Energy Days Payable Related Terms

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Pineapple Energy (Pineapple Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Pineapple Energy Inc (NAS:PEGY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VC91:Germany

Address

10900 Red Circle Drive, Minnetonka, MN, USA, 55343

Website

https://www.pineappleenergy.com

Pineapple Energy Inc provides households with sustainable solar energy, back-up power and security, control and predictability, and cost savings. It provides a full range of installation services, including the design, engineering, procurement, permitting, construction, grid connection, warranty, monitoring and maintenance of residential solar energy systems. The company also offers battery storage to customers in select markets and serves a limited number of enterprise customers.

Executives

Northern Pacific Growth Investment Advisors, Llc	10 percent owner	315 EAST LAKE STREET, SUITE 301, WAYZATA MN 55391
Scott Maskin	director	40 GRASSMERE AVENUE, OAKDALE NY 11769
Eric Ingvaldson	officer: CHIEF FINANCIAL OFFICER	10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Michael R. Zapata	director	2765 NW NICOLAI STREET, PORTLAND OR 97210
Roger Hd Lacey	director	10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Scott Honour	director	10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Kyle Udseth	director, officer: CHIEF EXECUTIVE OFFICER	NORTHERN PACIFIC GROUP, 315 EAST LAKE STREET, SUITE 301, WAYZATA MN 55391
Tom Holland	director	315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Marilyn S. Adler	director	315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Mike Siegler	officer: Senior Vice President	10900 RED CIRCLE DR., MINNETONKA MN 55343
Anita Kumar	director, officer: President/CEO	10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Steven Webster	director	4901 ARDEN AVE., EDINA MN 55424
Richard A Primuth	director
Scott Fluegge	officer: VP	12946 66TH ST N, WEST PALM BEACH FL 33412
Scott Gregory Otis	officer: VP	18535 SCHROERS FARM ROAD, EDEN PRAIRIE MN 55347