SSCFF (SmartCool Systems) Days Payable: 343.91 (As of Sep. 2019)


SSCFF SmartCool Systems Inc SSCFF
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What is SmartCool Systems Days Payable?

SmartCool Systems SSCFF -98.33% 12 Days Payable is 343.91 as of Sep. 2019. GuruFocus rates SSCFF with a GF Score™ of 12/100.

SmartCool Systems's average Accounts Payable for the three months ended in Sep. 2019 was $0.75 Mil. SmartCool Systems's Cost of Goods Sold for the three months ended in Sep. 2019 was $0.20 Mil. Hence, SmartCool Systems's Days Payable for the three months ended in Sep. 2019 was 343.91.

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

SSCFF's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 77.54
* Ranked among companies with meaningful Days Payable only.

SmartCool Systems's Days Payable declined from Jun. 2018 (1,921.14) to Sep. 2019 (343.91). It may suggest that SmartCool Systems accelerated paying its suppliers.

SmartCool Systems Days Payable Historical Data

* Premium members only.

The historical data trend for SmartCool Systems'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.

SmartCool Systems Days Payable Chart

SmartCool Systems Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,539.50 1,890.35 2,213.23 3,521.68 2,651.05

SmartCool Systems Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Mar19 Jun19 Sep19
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 1,921.14 0.00 859.82 910.43 343.91

SSCFF vs HUBB: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, SmartCool Systems'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.

SmartCool Systems Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SmartCool Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where SmartCool Systems's Days Payable falls into.


SSCFF
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SmartCool Systems Inc SSCFF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SmartCool Systems 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.

SmartCool Systems's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0.681 + 0.699) / 2 ) / 0.095*365
=0.69 / 0.095*365
=2,651.05

SmartCool Systems's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

Days Payable (Q: Sep. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2019 ) + Accounts Payable (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (0.727 + 0.773) / 2 ) / 0.199*365 / 4
=0.75 / 0.199*365 / 4
=343.91

* 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 343.91 mean?
SmartCool Systems (SSCFF) has a Days Payable of 343.91 as of Sep. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SmartCool Systems and its competitors.
Is SmartCool Systems' Days Payable too high?
SmartCool Systems' current Days Payable is 343.91. The Industrial Products industry median Days Payable is 77.54. SmartCool Systems' value of 343.91 is 343.5% above this industry median. Overall, SmartCool Systems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SmartCool Systems' Days Payable compare to HUBB?
SmartCool Systems' Days Payable of 343.91 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 77.54. SmartCool Systems' value of 343.91 is 343.5% 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. SmartCool Systems's current Days Payable of 343.91 is 343.5% 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 SmartCool Systems and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SmartCool Systems's current Days Payable is 343.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartCool Systems stock overvalued right now?
SmartCool Systems (SSCFF) has a current Days Payable of 343.91. The current Days Payable is 343.91 and 343.5% above the Industrial Products industry median of 77.54. SmartCool Systems' overall GF Score™ is 12/100. 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 SmartCool Systems (SSCFF), the current Days Payable is 343.91 as of Sep. 2019. 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.

SmartCool Systems Business Description

Address 12 - 1350 W. 14th Avenue, Vancouver, BC, CAN, V6H 1R1
SmartCool Systems Inc is a clean technology company. The firm and its subsidiaries are focused on acquiring, commercializing, and marketing energy-saving technologies for commercial and retail businesses. The company has two principal revenue streams namely ESM and ECO3. The ESM is manufactured by a third party in Australia and is designed specifically to reduce the electricity consumption and demand for refrigeration and air conditioning compressors by improving their performance and maintaining temperature control. ECO3 is manufactured in China and is a retrofit product that can be installed on any air conditioning or refrigeration unit, achieving energy efficiency gains as the ESM for smaller systems. The firm generates most of its revenue from Europe, the Middle East, and Africa.
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