TSPG (TGI Solar Power Group) Days Payable: 0.00 (As of Jul. 2023)


What is TGI Solar Power Group Days Payable?

TGI Solar Power Group TSPG -4.35% Days Payable is 0.00 as of Jul. 2023.

TGI Solar Power Group's average Accounts Payable for the six months ended in Jul. 2023 was $0.00 Mil. TGI Solar Power Group's Cost of Goods Sold for the six months ended in Jul. 2023 was $0.00 Mil.

The historical rank and industry rank for TGI Solar Power Group's Days Payable or its related term are showing as below:

TSPG's Days Payable is not ranked *
in the Semiconductors industry.
Industry Median: 53.06
* Ranked among companies with meaningful Days Payable only.

TGI Solar Power Group's Days Payable stayed the same from Jul. 2017 (0.00) to Jul. 2023 (0.00).

TGI Solar Power Group Days Payable Historical Data

* Premium members only.

The historical data trend for TGI Solar Power Group'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.

TGI Solar Power Group Days Payable Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
Days Payable
0.00 0.00 0.00 0.00 0.00

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
Days Payable 0.00 0.00 0.00 0.00 0.00

TSPG vs ASTI, PTOS, GSLR: Days Payable Comparison

For the Solar subindustry, TGI Solar Power Group'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.

TGI Solar Power Group Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, TGI Solar Power Group's Days Payable distribution charts can be found below:

* The bar in red indicates where TGI Solar Power Group's Days Payable falls into.


TGI Solar Power Group 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.

TGI Solar Power Group's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

Days Payable (A: Jul. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2022 ) + Accounts Payable (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

TGI Solar Power Group's Days Payable for the quarter that ended in Jul. 2023 is calculated as:

Days Payable (Q: Jul. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2022 ) + Accounts Payable (Q: Jul. 2023 )) / count ) / Cost of Goods Sold (Q: Jul. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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 0.00 mean?
TGI Solar Power Group (TSPG) has a Days Payable of 0.00 as of Jul. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TGI Solar Power Group and its competitors.
Is TGI Solar Power Group's Days Payable too high?
TGI Solar Power Group's current Days Payable is 0.00.
How does TGI Solar Power Group's Days Payable compare to ASTI and PTOS?
TGI Solar Power Group's Days Payable of 0.00 can be compared against companies in the Semiconductors industry. The industry median Days Payable is 53.06. 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 a Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 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. 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 TGI Solar Power Group and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGI Solar Power Group's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGI Solar Power Group stock overvalued right now?
TGI Solar Power Group (TSPG) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 TGI Solar Power Group (TSPG), the current Days Payable is 0.00 as of Jul. 2023. 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.

TGI Solar Power Group Business Description

Address 1801 North East 123rd Street, North Miami, FL, USA, 33181
TGI Solar Power Group Inc is a diversified holding company. The company offers its products and services to clients of various countries and maintains JVs and strategic alliances with installation, integration and energy consulting firms. It focuses on acquiring and developing patented technologies and processes with commercial value.