PGTK (Pacific Green Technologies) Days Payable: 511.67 (As of Dec. 2024)

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What is Pacific Green Technologies Days Payable?

Pacific Green Technologies PGTK Days Payable is 511.67 as of Dec. 2024.

Pacific Green Technologies's average Accounts Payable for the three months ended in Dec. 2024 was $8.13 Mil. Pacific Green Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was $1.45 Mil. Hence, Pacific Green Technologies's Days Payable for the three months ended in Dec. 2024 was 511.67.

The historical rank and industry rank for Pacific Green Technologies's Days Payable or its related term are showing as below:

PGTK's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.05
* Ranked among companies with meaningful Days Payable only.

Pacific Green Technologies's Days Payable increased from Dec. 2023 (149.12) to Dec. 2024 (511.67). It may suggest that Pacific Green Technologies delayed paying its suppliers.


Pacific Green Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Pacific Green Technologies'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.

Pacific Green Technologies Days Payable Chart

Pacific Green Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.29 58.98 188.99 45.37 111.83

Pacific Green Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 149.12 188.03 240.49 308.43 511.67

PGTK vs DEVS, QWTR, EESH: Days Payable Comparison

For the Pollution & Treatment Controls subindustry, Pacific Green Technologies'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.


Pacific Green Technologies Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Pacific Green Technologies's Days Payable falls into.



Pacific Green Technologies 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.

Pacific Green Technologies's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0.693 + 2.894) / 2 ) / 5.854*365
=1.7935 / 5.854*365
=111.83

Pacific Green Technologies's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (8.073 + 8.177) / 2 ) / 1.449*365 / 4
=8.125 / 1.449*365 / 4
=511.67

* 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 511.67 mean?
Pacific Green Technologies (PGTK) has a Days Payable of 511.67 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pacific Green Technologies and its competitors.
Is Pacific Green Technologies' Days Payable too high?
Pacific Green Technologies' current Days Payable is 511.67. The Industrial Products industry median Days Payable is 78.05. Pacific Green Technologies' value of 511.67 is 555.6% above this industry median.
How does Pacific Green Technologies' Days Payable compare to DEVS and QWTR?
Pacific Green Technologies' Days Payable of 511.67 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.05. Pacific Green Technologies' value of 511.67 is 555.6% 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,993 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. Pacific Green Technologies's current Days Payable of 511.67 is 555.6% 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 Pacific Green Technologies and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pacific Green Technologies's current Days Payable is 511.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Green Technologies stock overvalued right now?
Pacific Green Technologies (PGTK) has a current Days Payable of 511.67. The current Days Payable is 511.67 and 555.6% above the Industrial Products industry median of 78.05. 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 Pacific Green Technologies (PGTK), the current Days Payable is 511.67 as of Dec. 2024. 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.

Pacific Green Technologies Business Description

Address 8 The Green, Suite 10212, Dover, DE, USA, 19901
Pacific Green Technologies Inc is engaged in developing emission control systems technology. The company design, manufactures, and implements flue gas emission control systems throughout the world. It offers a product such as ENVI-Marine for the marine industry, ENVI-Pure for the waste-to-energy and biomass industries, and ENVI-Clean is designed for coal-fired power electricity generation and industrial plants involved in steel generation. Geographically, it has a presence in North America, Asia, and Europe of which it derives a majority of its revenue from the Europe region.