Solar Integrated Roofing (Solar Integrated Roofing) Days Payable : 18.04 (As of Sep. 2022)

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What is Solar Integrated Roofing Days Payable?

Solar Integrated Roofing's average Accounts Payable for the three months ended in Sep. 2022 was $8.52 Mil. Solar Integrated Roofing's Cost of Goods Sold for the three months ended in Sep. 2022 was $43.07 Mil. Hence, Solar Integrated Roofing's Days Payable for the three months ended in Sep. 2022 was 18.04.

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

SIRC's Days Payable is not ranked ^*
in the Semiconductors industry.
Industry Median: 51.8
* Ranked among companies with meaningful Days Payable only.

Solar Integrated Roofing's Days Payable increased from May. 2010 (0.00) to Sep. 2022 (18.04). It may suggest that Solar Integrated Roofing delayed paying its suppliers.

Solar Integrated Roofing Days Payable Historical Data

The historical data trend for Solar Integrated Roofing'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.

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Solar Integrated Roofing Days Payable Chart

Solar Integrated Roofing Annual Data

Trend

Feb08

Feb09

Days Payable

160.38

Solar Integrated Roofing Quarterly Data
	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Sep21	Sep22
Days Payable	Get a 7-Day Free Trial											-	-	-	0.03	18.04

Competitive Comparison of Solar Integrated Roofing's Days Payable

For the Solar subindustry, Solar Integrated Roofing'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.

Solar Integrated Roofing's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Integrated Roofing's Days Payable distribution charts can be found below:

* The bar in red indicates where Solar Integrated Roofing's Days Payable falls into.

Solar Integrated Roofing 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.

Solar Integrated Roofing's Days Payable for the fiscal year that ended in Feb. 2009 is calculated as

	Days Payable (A: Feb. 2009 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2008 )	+	Accounts Payable (A: Feb. 2009 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2009 )	*	Days in Period
=	( (0.029	+	0.003)	/	2 )	/	0	*	365
=	0.016					/	0	*	365
=	N/A

Solar Integrated Roofing's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2021 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (0	+	8.516)	/	1 )	/	43.071	*	365 / 4
=	8.516					/	43.071	*	365 / 4
=	18.04

Solar Integrated Roofing Days Payable Related Terms

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Solar Integrated Roofing (Solar Integrated Roofing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solar Integrated Roofing Corp (OTCPK:SIRC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2831 St. Rose Pkwy, Suite 200, Henderson, NV, USA, 89052

Website

https://www.solarintegratedroofingcorp.com

Solar Integrated Roofing Corp is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on the acquisitions of like companies.

Executives

Richard G Stifel	officer: CFO/Secretary	6501 E. GREENWAY PKWY, SUITE 103-412, SCOTTSDALE AZ 85254
Timothy Barritt	director, officer: CEO/President	201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Raymond Murphy	director, officer: COO/Vice President	201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Richard Stockdale	director, officer: Treasurer/Vice President	201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718