SMXT (SolarMax Technology) Days Payable: 466.68 (As of Mar. 2026) — 457% Above Median


SMXT SolarMax Technology Inc SMXT
17 GF Score
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What is SolarMax Technology Days Payable?

SolarMax Technology SMXT -6.18% 17 Days Payable is 466.68 as of Mar. 2026, which is 457% above its 10-year median of 83.81. GuruFocus rates SMXT with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 999 Semiconductors companies, SolarMax Technology ranks better than 81.58% on this metric.

SolarMax Technology's average Accounts Payable for the three months ended in Mar. 2026 was $60.27 Mil. SolarMax Technology's Cost of Goods Sold for the three months ended in Mar. 2026 was $11.78 Mil. Hence, SolarMax Technology's Days Payable for the three months ended in Mar. 2026 was 466.68.

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

SMXT' s Days Payable Range Over the Past 10 Years
Min: 23.84   Med: 83.81   Max: 151.37
Current: 121.2

During the past 9 years, SolarMax Technology's highest Days Payable was 151.37. The lowest was 23.84. And the median was 83.81.

SMXT's Days Payable is ranked better than
81.58% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs SMXT: 121.20

SolarMax Technology's Days Payable increased from Mar. 2025 (54.77) to Mar. 2026 (466.68). It may suggest that SolarMax Technology delayed paying its suppliers.


SolarMax Technology Days Payable Historical Data

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The historical data trend for SolarMax Technology'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.

SolarMax Technology Days Payable Chart

SolarMax Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 151.37 30.46 23.84 53.41 130.92

SolarMax Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 54.77 57.09 46.13 86.21 466.68

SMXT vs ZEO, BEEM, SPRU: Days Payable Comparison

For the Solar subindustry, SolarMax Technology'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.


SolarMax Technology Days Payable vs Semiconductors Industry

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

* The bar in red indicates where SolarMax Technology's Days Payable falls into.


SMXT
17GF Score
SolarMax Technology Inc SMXT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SolarMax Technology 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.

SolarMax Technology's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (2.666 + 59.566) / 2 ) / 86.753*365
=31.116 / 86.753*365
=130.92

SolarMax Technology's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (59.566 + 60.968) / 2 ) / 11.784*365 / 4
=60.267 / 11.784*365 / 4
=466.68

* 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 466.68 mean?
SolarMax Technology (SMXT) has a Days Payable of 466.68 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SolarMax Technology and its competitors. This is 457% above median its historical median of 83.81. Over the past decade, SolarMax Technology's Days Payable has ranged from 23.84 to 151.37. According to the industry distribution chart, SolarMax Technology ranks #184 out of 999 companies in the Semiconductors industry, placing it in the top 18.4%.
Is SolarMax Technology's Days Payable too high?
SolarMax Technology's current Days Payable of 466.68 is 457% above median its 10-year median of 83.81. Over the past 10 years, this metric has ranged from a low of 23.84 to a high of 151.37. The Semiconductors industry median Days Payable is 53.06. SolarMax Technology's value of 466.68 is 779.5% above this industry median. Based on the distribution chart, SolarMax Technology ranks #184 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, SolarMax Technology has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does SolarMax Technology's Days Payable compare to ZEO and BEEM?
According to the Semiconductors industry distribution chart, SolarMax Technology ranks #184 out of 999 companies for Days Payable. This places SolarMax Technology in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.06. SolarMax Technology's value of 466.68 is 779.5% above this benchmark. Historically, SolarMax Technology's own Days Payable has ranged from 23.84 to 151.37 over the past decade. While the company's 10-year median is 83.81 vs. the industry median of 53.06, SolarMax Technology has consistently been above the industry average. 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. SolarMax Technology's current Days Payable of 466.68 is 779.5% 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 SolarMax Technology and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SolarMax Technology's current Days Payable is 466.68, which is 457% above median its own 10-year median of 83.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolarMax Technology stock overvalued right now?
SolarMax Technology (SMXT) has a current Days Payable of 466.68. The current Days Payable is 466.68, which is 457% above median its 10-year median of 83.81 and 779.5% above the Semiconductors industry median of 53.06. SolarMax Technology's overall GF Score™ is 17/100 with 5 warning signs to review. 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 SolarMax Technology (SMXT), the current Days Payable is 466.68 as of Mar. 2026. 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.

SolarMax Technology Business Description

Other Exchanges 6W1:Germany
Address 3080 12th Street, Riverside, CA, USA, 92507
SolarMax Technology Inc is an integrated solar and renewable energy company. The United States business includes the sale and installation of photovoltaic and battery backup systems. China operations consist of operating and maintaining solar farm projects and identifying and procuring solar farm projects for resale to third parties. Some of its products are LG Solar Panels, Q-CELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from solar energy systems.
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