PN (PN Smart Energy) Days Payable: 18.52 (As of Sep. 2025) — 11% Below Median

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PN PN Smart Energy Ltd PN
18 GF Score
Price $3.82
! 2 Warning Signs
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What is PN Smart Energy Days Payable?

PN Smart Energy PN -1.55% 18 Days Payable is 18.52 as of Sep. 2025, which is 11% below its 10-year median of 20.82. GuruFocus rates PN with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 999 Semiconductors companies, PN Smart Energy ranks worse than 91.49% on this metric.

PN Smart Energy's average Accounts Payable for the six months ended in Sep. 2025 was $3.71 Mil. PN Smart Energy's Cost of Goods Sold for the six months ended in Sep. 2025 was $36.54 Mil. Hence, PN Smart Energy's Days Payable for the six months ended in Sep. 2025 was 18.52.

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

PN' s Days Payable Range Over the Past 10 Years
Min: 16.04   Med: 20.82   Max: 28.43
Current: 18.63

During the past 5 years, PN Smart Energy's highest Days Payable was 28.43. The lowest was 16.04. And the median was 20.82.

PN's Days Payable is ranked worse than
91.49% of 999 companies
in the Semiconductors industry
Industry Median: 53.16 vs PN: 18.63

PN Smart Energy's Days Payable increased from Sep. 2024 (12.46) to Sep. 2025 (18.52). It may suggest that PN Smart Energy delayed paying its suppliers.


PN Smart Energy Days Payable Historical Data

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The historical data trend for PN Smart 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.

PN Smart Energy Days Payable Chart

PN Smart Energy Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
28.43 20.82 24.51 16.04 18.03

PN Smart Energy Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial 19.75 21.45 12.46 19.69 18.52

PN vs SPRU, ASTI, FTCI: Days Payable Comparison

For the Solar subindustry, PN Smart 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.


PN Smart Energy Days Payable vs Semiconductors Industry

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

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


PN
18GF Score
PN Smart Energy Ltd PN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PN Smart 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.

PN Smart Energy's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (1.317 + 4.314) / 2 ) / 57.011*365
=2.8155 / 57.011*365
=18.03

PN Smart Energy's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (3.1 + 4.314) / 2 ) / 36.538*365 / 2
=3.707 / 36.538*365 / 2
=18.52

* 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 18.52 mean?
PN Smart Energy (PN) has a Days Payable of 18.52 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PN Smart Energy and its competitors. This is 11% below median its historical median of 20.82. Over the past decade, PN Smart Energy's Days Payable has ranged from 16.04 to 28.43. According to the industry distribution chart, PN Smart Energy ranks #914 out of 999 companies in the Semiconductors industry, placing it in the top 91.5%.
Is PN Smart Energy's Days Payable too high?
PN Smart Energy's current Days Payable of 18.52 is 11% below median its 10-year median of 20.82. Over the past 10 years, this metric has ranged from a low of 16.04 to a high of 28.43. The Semiconductors industry median Days Payable is 53.16. PN Smart Energy's value of 18.52 is 65.2% below this industry median. Based on the distribution chart, PN Smart Energy ranks #914 out of 999 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, PN Smart Energy has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does PN Smart Energy's Days Payable compare to SPRU and ASTI?
According to the Semiconductors industry distribution chart, PN Smart Energy ranks #914 out of 999 companies for Days Payable. This places PN Smart Energy in the lower half of its industry. The industry median Days Payable is 53.16. PN Smart Energy's value of 18.52 is 65.2% below this benchmark. Historically, PN Smart Energy's own Days Payable has ranged from 16.04 to 28.43 over the past decade. While the company's 10-year median is 20.82 vs. the industry median of 53.16, PN Smart Energy has consistently been below the industry average. 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.16, based on 999 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. PN Smart Energy's current Days Payable of 18.52 is 65.2% below 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 PN Smart Energy and its competitors. For the Semiconductors industry, the median Days Payable is 53.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PN Smart Energy's current Days Payable is 18.52, which is 11% below median its own 10-year median of 20.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PN Smart Energy stock overvalued right now?
PN Smart Energy (PN) has a current Days Payable of 18.52. The current Days Payable is 18.52, which is 11% below median its 10-year median of 20.82 and 65.2% below the Semiconductors industry median of 53.16. PN Smart Energy's overall GF Score™ is 18/100 with 2 warning signs to review. 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 PN Smart Energy (PN), the current Days Payable is 18.52 as of Sep. 2025. 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.

PN Smart Energy Business Description

Address No.188 Jinghua Road, Room 303, Block B, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315048
PN Smart Energy Ltd is a solar photovoltaic (PV) product provider focused on manufacturing and selling solar cables and connectors. The company operates as an independent power provider (IPP) focused on the development of clean power stations, critical energy materials, and intelligent energy infrastructure. Through its PNTECH brand, the company also manufactures photovoltaic cables and connectors, serving customers across various countries and regions.
18GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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