Braille Energy Systems (TSXV:BES) Days Payable : 220.04 (As of Dec. 2024)

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What is Braille Energy Systems Days Payable?

Braille Energy Systems's average Accounts Payable for the three months ended in Dec. 2024 was C$1.48 Mil. Braille Energy Systems's Cost of Goods Sold for the three months ended in Dec. 2024 was C$0.62 Mil. Hence, Braille Energy Systems's Days Payable for the three months ended in Dec. 2024 was 220.04.

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

TSXV:BES' s Days Payable Range Over the Past 10 Years
Min: 62.59 Med: 89.41 Max: 194.38
Current: 192.8

During the past 13 years, Braille Energy Systems's highest Days Payable was 194.38. The lowest was 62.59. And the median was 89.41.

TSXV:BES's Days Payable is ranked better than
85.5% of 2945 companies
in the Industrial Products industry
Industry Median: 76.31 vs TSXV:BES: 192.80

Braille Energy Systems's Days Payable increased from Dec. 2023 (180.36) to Dec. 2024 (220.04). It may suggest that Braille Energy Systems delayed paying its suppliers.

Braille Energy Systems Days Payable Historical Data

The historical data trend for Braille Energy Systems'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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Braille Energy Systems Days Payable Chart

Braille Energy Systems Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Payable

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88.94

82.68

102.88

168.86

194.38

Braille Energy Systems 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															180.36	204.74	202.52	159.27	220.04

Competitive Comparison of Braille Energy Systems's Days Payable

For the Electrical Equipment & Parts subindustry, Braille Energy Systems'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.

Braille Energy Systems's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Braille Energy Systems's Days Payable falls into.

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Braille Energy Systems 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.

Braille Energy Systems'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
=	( (1.279	+	1.569)	/	2 )	/	2.674	*	365
=	1.424					/	2.674	*	365
=	194.38

Braille Energy Systems'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
=	( (1.569	+	1.397)	/	2 )	/	0.615	*	365 / 4
=	1.483					/	0.615	*	365 / 4
=	220.04

Braille Energy Systems Days Payable Related Terms

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Braille Energy Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Braille Energy Systems Inc (TSXV:BES) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

945 Princess Street, Box 117, Kingston, ON, CAN, K7L 0E9

Website

https://www.brailleenergysystemsinc.com

Braille Energy Systems Inc is a battery manufacturing and energy storage company supplying batteries to the professional motorsports industry and the pioneer of a complete line of lightweight high powered battery systems for the transportation market. Geographically it serves Europe, the Middle East, Africa, Asia Pacific Australia and earns key revenue from the Americas.

Executives

Lindsay Thomas Weatherdon	Director
Jeffrey York	10% Security Holder, Director
Grafoid Inc.	10% Security Holder
Judith Tendai Mazvihwa	Senior Officer
Pierre Cleroux	Director
Gary Economo	10% Security Holder, Director, Senior Officer

Braille Energy Systems Headlines

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