GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Solid Power Inc (NAS:SLDP) » Definitions » Days Payable

SLDP (Solid Power) Days Payable : 206.84 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Solid Power Days Payable?

Solid Power's average Accounts Payable for the three months ended in Dec. 2024 was $8.12 Mil. Solid Power's Cost of Goods Sold for the three months ended in Dec. 2024 was $3.58 Mil. Hence, Solid Power's Days Payable for the three months ended in Dec. 2024 was 206.84.

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

SLDP' s Days Payable Range Over the Past 10 Years
Min: 50.16   Med: 124.1   Max: 297.8
Current: 131.17

During the past 6 years, Solid Power's highest Days Payable was 297.80. The lowest was 50.16. And the median was 124.10.

SLDP's Days Payable is ranked better than
81.59% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 65.31 vs SLDP: 131.17

Solid Power's Days Payable increased from Dec. 2023 (79.85) to Dec. 2024 (206.84). It may suggest that Solid Power delayed paying its suppliers.


Solid Power Days Payable Historical Data

The historical data trend for Solid 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.

* Premium members only.

Solid Power Days Payable Chart

Solid Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 50.16 268.91 297.80 117.02 131.17

Solid Power Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 79.85 137.30 - - 206.84

Competitive Comparison of Solid Power's Days Payable

For the Auto Parts subindustry, Solid 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.


Solid Power's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Power's Days Payable distribution charts can be found below:

* The bar in red indicates where Solid Power's Days Payable falls into.


;
;

Solid 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.

Solid Power's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (6.455 + 8.124) / 2 ) / 20.284*365
=7.2895 / 20.284*365
=131.17

Solid Power's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0 + 8.124) / 1 ) / 3.584*365 / 4
=8.124 / 3.584*365 / 4
=206.84

* 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.


Solid Power Days Payable Related Terms

Thank you for viewing the detailed overview of Solid Power's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Solid Power Business Description

Traded in Other Exchanges
N/A
Address
486 South Pierce Avenue, Suite E, Louisville, CO, USA, 80027
Solid Power Inc is engaged in solid-state battery technology and manufacturing processes. Its core technology is a sulfide-based solid electrolyte material, which replaces the liquid or gel electrolyte used in traditional lithium-ion battery cells. Its commercialization strategy is to manufacture and sell electrolytes to Tier 1 battery manufacturers and automotive original equipment manufacturers (OEMs) that choose to produce its battery cells.
Executives
Joshua Buettner-garrett officer: Chief Technology Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Erik J Anderson director, officer: Chief Executive Officer 1411 E MISSION AVE, SPOKANE WA 99202
Steven H Goldberg director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Lesa B Roe director C/O SOLID POWER, INC., 486 S PIERCE AVE, SUITE E, LOUISVILLE CO 80027
Susan M Kreh director 18400 PLEASANT STREET, BROOKFIELD WI 53045
Kaled Awada director 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Van Scoter John C. director, officer: President & CEO 486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Douglas M Campbell director, officer: Chief Executive Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
John Joseph Stephens director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Mary Ann Wright director 486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Volta Energy Technologies, Llc 10 percent owner 28365 DAVIS PARKWAY, SUITE 202, WARRENVILLE IL 60555
Aleksandra A Miziolek director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Jon Eric Jacobs officer: Chief Marketing Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
David B Jansen director, officer: President C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Johnson Derek Colby officer: Chief Operating Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027