PVNNF (PV Nano Cell) Days Payable: 567.29 (As of Dec. 2023)

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What is PV Nano Cell Days Payable?

PV Nano Cell PVNNF Days Payable is 567.29 as of Dec. 2023.

PV Nano Cell's average Accounts Payable for the six months ended in Dec. 2023 was $0.52 Mil. PV Nano Cell's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.33 Mil. Hence, PV Nano Cell's Days Payable for the six months ended in Dec. 2023 was 283.64.

The historical rank and industry rank for PV Nano Cell's Days Payable or its related term are showing as below:

PVNNF's Days Payable is not ranked *
in the Chemicals industry.
Industry Median: 59.44
* Ranked among companies with meaningful Days Payable only.

PV Nano Cell's Days Payable increased from Dec. 2021 (322.30) to Dec. 2023 (567.29). It may suggest that PV Nano Cell delayed paying its suppliers.

PV Nano Cell Days Payable Historical Data

* Premium members only.

The historical data trend for PV Nano Cell'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.

PV Nano Cell Days Payable Chart

PV Nano Cell Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 409.73 346.15 322.30 257.63 567.29

PV Nano Cell Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 409.73 346.15 322.30 257.63 567.29

PVNNF vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, PV Nano Cell'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.

PV Nano Cell Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PV Nano Cell's Days Payable distribution charts can be found below:

* The bar in red indicates where PV Nano Cell's Days Payable falls into.


PV Nano Cell 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.

PV Nano Cell'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
=( (0.509 + 0.523) / 2 ) / 0.332*365
=0.516 / 0.332*365
=567.29

PV Nano Cell's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.509 + 0.523) / 2 ) / 0.332*365 / 2
=0.516 / 0.332*365 / 2
=283.64

* 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 567.29 mean?
PV Nano Cell (PVNNF) has a Days Payable of 567.29 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PV Nano Cell and its competitors.
Is PV Nano Cell's Days Payable too high?
PV Nano Cell's current Days Payable is 567.29. The Chemicals industry median Days Payable is 59.44. PV Nano Cell's value of 567.29 is 854.4% above this industry median.
How does PV Nano Cell's Days Payable compare to LIN and SHW?
PV Nano Cell's Days Payable of 567.29 can be compared against companies in the Chemicals industry. The industry median Days Payable is 59.44. PV Nano Cell's value of 567.29 is 854.4% 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 a Chemicals company?
The median Days Payable among Chemicals companies is 59.44, based on 1,559 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. PV Nano Cell's current Days Payable of 567.29 is 854.4% 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 PV Nano Cell and its competitors. For the Chemicals industry, the median Days Payable is 59.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PV Nano Cell's current Days Payable is 567.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PV Nano Cell stock overvalued right now?
PV Nano Cell (PVNNF) has a current Days Payable of 567.29. The current Days Payable is 567.29 and 854.4% above the Chemicals industry median of 59.44. 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 PV Nano Cell (PVNNF), the current Days Payable is 567.29 as of Dec. 2023. 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.

PV Nano Cell Business Description

Address 8 Hamasger Street, P.O. Box 236, Migdal HaEmek, ISR, 2310102
PV Nano Cell Ltd is a conductive ink manufacturing company. It is engaged in developing, manufacturing, marketing & commercializing conductive inks for digital inkjet conductive printing applications. It develops the Sicrys family of single crystal nano-metric conductive inks for photovoltaic and printed electronics applications, as well as silver-based Sicrys inks for use in a range of inkjet printing electronics applications, including printing of circuit boards, mobile phone antennas, 3D printed electronic devices, radio-frequency identification chips, sensors, touchscreens, and other digitally printed electronics. Geographically, it generates revenue from Spain, Israel, United states, Japan, Germany, Other.