SCST (Suncast Solar Energy) Days Payable: 732.27 (As of Dec. 2008)

What is Suncast Solar Energy Days Payable?

Suncast Solar Energy SCST Days Payable is 732.27 as of Dec. 2008.

Suncast Solar Energy's average Accounts Payable for the three months ended in Dec. 2008 was $1.61 Mil. Suncast Solar Energy's Cost of Goods Sold for the three months ended in Dec. 2008 was $0.20 Mil. Hence, Suncast Solar Energy's Days Payable for the three months ended in Dec. 2008 was 732.27.

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

SCST's Days Payable is not ranked ^*
in the Waste Management industry.
Industry Median: 63.6
* Ranked among companies with meaningful Days Payable only.

Suncast Solar Energy's Days Payable declined from Dec. 2007 (1,288.39) to Dec. 2008 (732.27). It may suggest that Suncast Solar Energy accelerated paying its suppliers.

Suncast Solar Energy Days Payable Related Terms

Suncast Solar Energy Days Payable Historical Data

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The historical data trend for Suncast Solar 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.

Suncast Solar Energy Days Payable Chart

Suncast Solar Energy Annual Data

Trend

Jun99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Days Payable

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0.00

1,507.51

1,484.05

1,401.86

717.36

Suncast Solar Energy Quarterly Data
	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Days Payable	Get a 7-Day Free Trial															1,288.39	818.39	633.70	628.22	732.27

SCST vs ECEZ, CESX, ALAN: Days Payable Comparison

For the Waste Management subindustry, Suncast Solar 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.

Suncast Solar Energy Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Suncast Solar Energy's Days Payable distribution charts can be found below:

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

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Suncast Solar 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.

Suncast Solar Energy's Days Payable for the fiscal year that ended in Dec. 2008 is calculated as

	Days Payable (A: Dec. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2007 )	+	Accounts Payable (A: Dec. 2008 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2008 )	*	Days in Period
=	( (2.477	+	1.438)	/	2 )	/	0.996	*	365
=	1.9575					/	0.996	*	365
=	717.36

Suncast Solar Energy's Days Payable for the quarter that ended in Dec. 2008 is calculated as:

	Days Payable (Q: Dec. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2008 )	+	Accounts Payable (Q: Dec. 2008 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2008 )	*	Days in Period
=	( (1.788	+	1.438)	/	2 )	/	0.201	*	365 / 4
=	1.613					/	0.201	*	365 / 4
=	732.27

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 732.27 mean?

Suncast Solar Energy (SCST) has a Days Payable of 732.27 as of Dec. 2008. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Suncast Solar Energy and its competitors.

Is Suncast Solar Energy's Days Payable too high?

Suncast Solar Energy's current Days Payable is 732.27. The Waste Management industry median Days Payable is 63.60. Suncast Solar Energy's value of 732.27 is 1051.4% above this industry median.

How does Suncast Solar Energy's Days Payable compare to ECEZ and CESX?

Suncast Solar Energy's Days Payable of 732.27 can be compared against companies in the Waste Management industry. The industry median Days Payable is 63.60. Suncast Solar Energy's value of 732.27 is 1051.4% 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 Waste Management company?

The median Days Payable among Waste Management companies is 63.60, based on 234 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. Suncast Solar Energy's current Days Payable of 732.27 is 1051.4% 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 Suncast Solar Energy and its competitors. For the Waste Management industry, the median Days Payable is 63.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suncast Solar Energy's current Days Payable is 732.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Suncast Solar Energy stock overvalued right now?

Suncast Solar Energy (SCST) has a current Days Payable of 732.27. The current Days Payable is 732.27 and 1051.4% above the Waste Management industry median of 63.60. 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 Suncast Solar Energy (SCST), the current Days Payable is 732.27 as of Dec. 2008. 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.

Suncast Solar Energy Business Description

Industry Industrials Waste Management

Comparable Companies ECEZ CESX ALAN BCCEF NESCQ BSHF GETH NWMH AWX GLYE NTRHF CREG IDSA AERT MRDN ALGXY EXPL CWSS PGTK VTNR

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202

Suncast Solar Energy Inc provides environmental testing and other services within the United States.