SUME (Summer Energy Holdings) Days Payable: 19.87 (As of Dec. 2025) — 484% Above Median

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What is Summer Energy Holdings Days Payable?

Summer Energy Holdings SUME Days Payable is 19.87 as of Dec. 2025, which is 484% above its 10-year median of 3.40. The stock has 5 warning signs investors should review. Among 480 Utilities - Regulated companies, Summer Energy Holdings ranks worse than 99.58% on this metric.

Summer Energy Holdings's average Accounts Payable for the three months ended in Dec. 2025 was $1.0 Mil. Summer Energy Holdings's Cost of Goods Sold for the three months ended in Dec. 2025 was $4.4 Mil. Hence, Summer Energy Holdings's Days Payable for the three months ended in Dec. 2025 was 19.87.

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

SUME' s Days Payable Range Over the Past 10 Years
Min: 1.82   Med: 3.4   Max: 5.62
Current: 3

During the past 13 years, Summer Energy Holdings's highest Days Payable was 5.62. The lowest was 1.82. And the median was 3.40.

SUME's Days Payable is ranked worse than
99.58% of 480 companies
in the Utilities - Regulated industry
Industry Median: 69.715 vs SUME: 3.00

Summer Energy Holdings's Days Payable increased from Dec. 2024 (3.71) to Dec. 2025 (19.87). It may suggest that Summer Energy Holdings delayed paying its suppliers.


Summer Energy Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Summer Energy Holdings'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.

Summer Energy Holdings Days Payable Chart

Summer Energy Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.86 3.44 4.88 3.36 2.87

Summer Energy Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 3.71 1.87 2.67 3.40 19.87

SUME vs CETI, NEE, SO: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, Summer Energy Holdings'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.


Summer Energy Holdings Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Summer Energy Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Summer Energy Holdings's Days Payable falls into.



Summer Energy Holdings 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.

Summer Energy Holdings'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
=( (0.974 + 1.23) / 2 ) / 139.928*365
=1.102 / 139.928*365
=2.87

Summer Energy Holdings's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.691 + 1.23) / 2 ) / 4.411*365 / 4
=0.9605 / 4.411*365 / 4
=19.87

* 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 19.87 mean?
Summer Energy Holdings (SUME) has a Days Payable of 19.87 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Summer Energy Holdings and its competitors. This is 484% above median its historical median of 3.40. Over the past decade, Summer Energy Holdings' Days Payable has ranged from 1.82 to 5.62. According to the industry distribution chart, Summer Energy Holdings ranks #478 out of 480 companies in the Utilities - Regulated industry, placing it in the top 99.6%.
Is Summer Energy Holdings' Days Payable too high?
Summer Energy Holdings' current Days Payable of 19.87 is 484% above median its 10-year median of 3.40. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 5.62. The Utilities - Regulated industry median Days Payable is 69.72. Summer Energy Holdings' value of 19.87 is 71.5% below this industry median. Based on the distribution chart, Summer Energy Holdings ranks #478 out of 480 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers.
How does Summer Energy Holdings' Days Payable compare to CETI and NEE?
According to the Utilities - Regulated industry distribution chart, Summer Energy Holdings ranks #478 out of 480 companies for Days Payable. This places Summer Energy Holdings in the lower half of its industry. The industry median Days Payable is 69.72. Summer Energy Holdings' value of 19.87 is 71.5% below this benchmark. Historically, Summer Energy Holdings' own Days Payable has ranged from 1.82 to 5.62 over the past decade. While the company's 10-year median is 3.40 vs. the industry median of 69.72, Summer Energy Holdings has consistently been below 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 69.72, based on 480 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. Summer Energy Holdings's current Days Payable of 19.87 is 71.5% below 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 Summer Energy Holdings and its competitors. For the Utilities - Regulated industry, the median Days Payable is 69.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Summer Energy Holdings's current Days Payable is 19.87, which is 484% above median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summer Energy Holdings stock overvalued right now?
Based on GuruFocus' analysis, Summer Energy Holdings (SUME) is currently considered Possible Value Trap. The stock's GF Value™ is $0.18, compared to a current price of $0.06 — trading 66.1% below its estimated fair value. The current Days Payable is 19.87, which is 484% above median its 10-year median of 3.40 and 71.5% below the Utilities - Regulated industry median of 69.72. 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 Summer Energy Holdings (SUME), the current Days Payable is 19.87 as of Dec. 2025. 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.

Summer Energy Holdings Business Description

Address P.O. Box 570186, Houston, TX, USA, 77257
Summer Energy Holdings Inc operates as a retail electricity provider. The company sells electricity and provides related billing, customer service, collections, and remittance services to residential and commercial customers. It derives revenue from the sale of electricity to residential and small commercial customers.