Green Hydrogen Systems A/S (STU:3LUA) Days Payable : 158.01 (As of Dec. 2023)

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What is Green Hydrogen Systems A/S Days Payable?

Green Hydrogen Systems A/S's average Accounts Payable for the six months ended in Dec. 2023 was €7.83 Mil. Green Hydrogen Systems A/S's Cost of Goods Sold for the six months ended in Dec. 2023 was €9.05 Mil. Hence, Green Hydrogen Systems A/S's Days Payable for the six months ended in Dec. 2023 was 158.01.

The historical rank and industry rank for Green Hydrogen Systems A/S's Days Payable or its related term are showing as below:

STU:3LUA' s Days Payable Range Over the Past 10 Years
Min: 106.11 Med: 158.77 Max: 846.02
Current: 130.63

During the past 7 years, Green Hydrogen Systems A/S's highest Days Payable was 846.02. The lowest was 106.11. And the median was 158.77.

STU:3LUA's Days Payable is ranked better than
66.32% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 77.3 vs STU:3LUA: 130.63

Green Hydrogen Systems A/S's Days Payable declined from Dec. 2022 (182.00) to Dec. 2023 (158.01). It may suggest that Green Hydrogen Systems A/S accelerated paying its suppliers.

Green Hydrogen Systems A/S Days Payable Historical Data

The historical data trend for Green Hydrogen Systems A/S'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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Green Hydrogen Systems A/S Days Payable Chart

Green Hydrogen Systems A/S Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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106.19

845.10

158.79

121.39

Green Hydrogen Systems A/S Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					-	175.38	182.00	120.42	158.01

Competitive Comparison of Green Hydrogen Systems A/S's Days Payable

For the Utilities - Renewable subindustry, Green Hydrogen Systems A/S'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.

Green Hydrogen Systems A/S's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Hydrogen Systems A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where Green Hydrogen Systems A/S's Days Payable falls into.

Green Hydrogen Systems A/S 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.

Green Hydrogen Systems A/S's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (8.754	+	6.36)	/	2 )	/	22.722	*	365
=	7.557					/	22.722	*	365
=	121.39

Green Hydrogen Systems A/S's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (9.309	+	6.36)	/	2 )	/	9.049	*	365 / 2
=	7.8345					/	9.049	*	365 / 2
=	158.01

Green Hydrogen Systems A/S Days Payable Related Terms

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Green Hydrogen Systems A/S (STU:3LUA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Green Hydrogen Systems A/S (STU:3LUA) » Definitions » Days Payable

Traded in Other Exchanges

GREENH:Denmark

Address

Nordager 21, Kolding, DNK, DK-6000

Website

https://www.greenhydrogen.dk

Green Hydrogen Systems A/S is a provider of standardised and modular electrolysers for the production of green hydrogen solely based on renewable energy. The firm caters to industries that establish on-site green hydrogen production for different purposes as well as energy and transport companies being at the forefront of the development of Power-to-X applications and transition towards emission-free fuel. It generates revenue from the sale and installation of complete alkaline electrolysis solutions as well as the service of the installed systems. The company derives its revenue from Denmark, Norway, Sweden and other countries.

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