Electrovaya (STU:4EV0) Days Payable : 67.13 (As of Dec. 2024)

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What is Electrovaya Days Payable?

Electrovaya's average Accounts Payable for the three months ended in Dec. 2024 was €5.45 Mil. Electrovaya's Cost of Goods Sold for the three months ended in Dec. 2024 was €7.41 Mil. Hence, Electrovaya's Days Payable for the three months ended in Dec. 2024 was 67.13.

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

STU:4EV0' s Days Payable Range Over the Past 10 Years
Min: 51.72 Med: 93.39 Max: 2233.73
Current: 67.45

During the past 13 years, Electrovaya's highest Days Payable was 2233.73. The lowest was 51.72. And the median was 93.39.

STU:4EV0's Days Payable is ranked worse than
55.98% of 2942 companies
in the Industrial Products industry
Industry Median: 76.25 vs STU:4EV0: 67.45

Electrovaya's Days Payable increased from Dec. 2023 (65.75) to Dec. 2024 (67.13). It may suggest that Electrovaya delayed paying its suppliers.

Electrovaya Days Payable Historical Data

The historical data trend for Electrovaya'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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Electrovaya Days Payable Chart

Electrovaya Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Payable

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58.26

91.77

66.66

53.35

78.79

Electrovaya Quarterly Data
	Mar20	Jun20	Sep20	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															65.75	64.08	69.94	68.32	67.13

Competitive Comparison of Electrovaya's Days Payable

For the Electrical Equipment & Parts subindustry, Electrovaya'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.

Electrovaya's Days Payable Distribution in the Industrial Products Industry

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

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

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Electrovaya 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.

Electrovaya's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

	Days Payable (A: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2023 )	+	Accounts Payable (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (5.657	+	6.373)	/	2 )	/	27.865	*	365
=	6.015					/	27.865	*	365
=	78.79

Electrovaya'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
=	( (6.373	+	4.531)	/	2 )	/	7.411	*	365 / 4
=	5.452					/	7.411	*	365 / 4
=	67.13

Electrovaya Days Payable Related Terms

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Electrovaya Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Electrovaya Inc (STU:4EV0) » Definitions » Days Payable

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ELVA:USA ELVA:Canada

Address

6688 Kitimat Road, Mississauga, ON, CAN, L5N 1P8

Website

https://www.electrovaya.com

Electrovaya Inc designs develop and manufacture proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. It is a technology-focused company with extensive IP. The company generates revenue from the sale of batteries and battery systems. Business operations are segmented based on large format batteries and others. This technology offers enhanced safety and battery longevity. Geographically it earns key revenue from the United States.

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