SYEV (Seychelle Environmental Technologies) Days Payable: 64.74 (As of Feb. 2020)

What is Seychelle Environmental Technologies Days Payable?

Seychelle Environmental Technologies SYEV Days Payable is 64.74 as of Feb. 2020.

Seychelle Environmental Technologies's average Accounts Payable for the three months ended in Feb. 2020 was $0.33 Mil. Seychelle Environmental Technologies's Cost of Goods Sold for the three months ended in Feb. 2020 was $0.46 Mil. Hence, Seychelle Environmental Technologies's Days Payable for the three months ended in Feb. 2020 was 64.74.

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

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

Seychelle Environmental Technologies's Days Payable declined from Feb. 2019 (67.49) to Feb. 2020 (64.74). It may suggest that Seychelle Environmental Technologies accelerated paying its suppliers.

Seychelle Environmental Technologies Days Payable Related Terms

Seychelle Environmental Technologies Days Payable Historical Data

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The historical data trend for Seychelle Environmental Technologies'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.

Seychelle Environmental Technologies Days Payable Chart

Seychelle Environmental Technologies Annual Data

Trend

Feb11

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Days Payable

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20.18

49.23

59.79

79.35

67.16

Seychelle Environmental Technologies Quarterly Data
	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20
Days Payable	Get a 7-Day Free Trial															67.49	89.80	48.28	62.06	64.74

SYEV vs AMSU, WTNW, TEGY: Days Payable Comparison

For the Pollution & Treatment Controls subindustry, Seychelle Environmental Technologies'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.

Seychelle Environmental Technologies Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Seychelle Environmental Technologies's Days Payable falls into.

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Seychelle Environmental Technologies 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.

Seychelle Environmental Technologies's Days Payable for the fiscal year that ended in Feb. 2020 is calculated as

	Days Payable (A: Feb. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2019 )	+	Accounts Payable (A: Feb. 2020 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2020 )	*	Days in Period
=	( (0.268	+	0.358)	/	2 )	/	1.701	*	365
=	0.313					/	1.701	*	365
=	67.16

Seychelle Environmental Technologies's Days Payable for the quarter that ended in Feb. 2020 is calculated as:

	Days Payable (Q: Feb. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2019 )	+	Accounts Payable (Q: Feb. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2020 )	*	Days in Period
=	( (0.299	+	0.358)	/	2 )	/	0.463	*	365 / 4
=	0.3285					/	0.463	*	365 / 4
=	64.74

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 64.74 mean?

Seychelle Environmental Technologies (SYEV) has a Days Payable of 64.74 as of Feb. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Seychelle Environmental Technologies and its competitors.

Is Seychelle Environmental Technologies' Days Payable too high?

Seychelle Environmental Technologies' current Days Payable is 64.74. The Industrial Products industry median Days Payable is 77.54. Seychelle Environmental Technologies' value of 64.74 is 16.5% below this industry median.

How does Seychelle Environmental Technologies' Days Payable compare to AMSU and WTNW?

Seychelle Environmental Technologies' Days Payable of 64.74 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 77.54. Seychelle Environmental Technologies' value of 64.74 is 16.5% below 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. Seychelle Environmental Technologies's current Days Payable of 64.74 is 16.5% 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 Seychelle Environmental Technologies 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. Seychelle Environmental Technologies's current Days Payable is 64.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Seychelle Environmental Technologies stock overvalued right now?

Seychelle Environmental Technologies (SYEV) has a current Days Payable of 64.74. The current Days Payable is 64.74 and 16.5% below the Industrial Products industry median of 77.54. 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 Seychelle Environmental Technologies (SYEV), the current Days Payable is 64.74 as of Feb. 2020. 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.

Seychelle Environmental Technologies Business Description

Industry Industrials Industrial Products

Comparable Companies AMSU WTNW TEGY SGSI CLWT EAWD XBRU:UMI HKSE:00586 TSE:6370 AQUA FSS SHSE:600388 SHSE:603686 TSE:6013 UEDVF TSE:9551 SZSE:300664 SZSE:000544 OSTO:MTRS SZSE:300390

Address 22 Journey, Aliso Viejo, CA, USA, 92656

Website http://www.seychelle.com

Seychelle Environmental Technologies Inc is engaged in the development, assembly, and sale of proprietary portable water filtration systems. Its product offering includes Flip-Top and Pull Top bottles, Canteens, Water Pitchers, Pure Water Pump, Stainless Steel bottles, In-Line Filter, Pure Water Bag, Pump N' Pure, Pure Water Pouch and Pure Water Straws. The company sells its products throughout the United States, and internationally which includes Asia, the United Kingdom, Canada, and Other Countries. The United States contributes to the vast majority of total revenue. Seychelle markets its portable water filtration bottles to dealers, distributors, non-governmental organizations, and emergency relief organizations.