RBNW (Renewable Energy & Power) Days Payable: 657.31 (As of Jun. 2018)


What is Renewable Energy & Power Days Payable?

Renewable Energy & Power RBNW -98.00% Days Payable is 657.31 as of Jun. 2018.

Renewable Energy & Power's average Accounts Payable for the three months ended in Jun. 2018 was $0.85 Mil. Renewable Energy & Power's Cost of Goods Sold for the three months ended in Jun. 2018 was $0.12 Mil. Hence, Renewable Energy & Power's Days Payable for the three months ended in Jun. 2018 was 657.31.

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

RBNW's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.045
* Ranked among companies with meaningful Days Payable only.

Renewable Energy & Power's Days Payable increased from Jun. 2017 (70.02) to Jun. 2018 (657.31). It may suggest that Renewable Energy & Power delayed paying its suppliers.

Renewable Energy & Power Days Payable Historical Data

* Premium members only.

The historical data trend for Renewable Energy & Power'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.

Renewable Energy & Power Days Payable Chart

Renewable Energy & Power Annual Data
Trend Sep13 Sep14 Sep15 Sep16
Days Payable
16.98 20.00 36.26 149.95

Renewable Energy & Power Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 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 70.02 324.56 566.41 469.74 657.31

RBNW vs CYAP: Days Payable Comparison

For the Footwear & Accessories subindustry, Renewable Energy & Power'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.

Renewable Energy & Power Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Renewable Energy & Power's Days Payable distribution charts can be found below:

* The bar in red indicates where Renewable Energy & Power's Days Payable falls into.


Renewable Energy & Power 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.

Renewable Energy & Power's Days Payable for the fiscal year that ended in Sep. 2016 is calculated as

Days Payable (A: Sep. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2015 ) + Accounts Payable (A: Sep. 2016 )) / count ) / Cost of Goods Sold (A: Sep. 2016 )*Days in Period
=( (0.047 + 0.69) / 2 ) / 0.897*365
=0.3685 / 0.897*365
=149.95

Renewable Energy & Power'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
=( (1.595 + 0.105) / 2 ) / 0.118*365 / 4
=0.85 / 0.118*365 / 4
=657.31

* 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 657.31 mean?
Renewable Energy & Power (RBNW) has a Days Payable of 657.31 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 Renewable Energy & Power and its competitors.
Is Renewable Energy & Power's Days Payable too high?
Renewable Energy & Power's current Days Payable is 657.31. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Renewable Energy & Power's value of 657.31 is 1116.2% above this industry median.
How does Renewable Energy & Power's Days Payable compare to CYAP?
Renewable Energy & Power's Days Payable of 657.31 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.05. Renewable Energy & Power's value of 657.31 is 1116.2% 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,014 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. Renewable Energy & Power's current Days Payable of 657.31 is 1116.2% 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 Renewable Energy & Power and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renewable Energy & Power's current Days Payable is 657.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renewable Energy & Power stock overvalued right now?
Renewable Energy & Power (RBNW) has a current Days Payable of 657.31. The current Days Payable is 657.31 and 1116.2% above the Manufacturing - Apparel & Accessories industry median of 54.05. 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 Renewable Energy & Power (RBNW), the current Days Payable is 657.31 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.

Renewable Energy & Power Business Description

Address 55 Washington Street, Suite 703, Brooklyn, NY, USA, 11201
Renewable Energy & Power Inc is engaged in the retail and wholesale of footwear for the urban culture. It operates under the brand Lust for Life which employs a website with traffic driven by online marketing tools and techniques. The company derives the majority of its sales through its wholesale channel.