Braille Energy Systems (TSXV:BES) Days Payable: 367.87 (As of Mar. 2026) — 283% Above Median

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What is Braille Energy Systems Days Payable?

Braille Energy Systems TSXV:BES Days Payable is 367.87 as of Mar. 2026, which is 283% above its 10-year median of 96.15. The stock has 6 warning signs investors should review. Among 2,992 Industrial Products companies, Braille Energy Systems ranks better than 97.09% on this metric.

Braille Energy Systems's average Accounts Payable for the three months ended in Mar. 2026 was C$1.73 Mil. Braille Energy Systems's Cost of Goods Sold for the three months ended in Mar. 2026 was C$0.43 Mil. Hence, Braille Energy Systems's Days Payable for the three months ended in Mar. 2026 was 367.87.

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: 96.15   Max: 404.62
Current: 404.62

During the past 13 years, Braille Energy Systems's highest Days Payable was 404.62. The lowest was 62.59. And the median was 96.15.

TSXV:BES's Days Payable is ranked better than
97.09% of 2992 companies
in the Industrial Products industry
Industry Median: 78.045 vs TSXV:BES: 404.62

Braille Energy Systems's Days Payable increased from Mar. 2025 (245.55) to Mar. 2026 (367.87). It may suggest that Braille Energy Systems delayed paying its suppliers.


Braille Energy Systems Days Payable Historical Data

* Premium members only.

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.

Braille Energy Systems Days Payable Chart

Braille Energy Systems Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.68 102.88 168.86 194.38 342.65

Braille Energy Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 245.55 240.93 611.48 633.88 367.87

TSXV:BES vs VRT, BE, HUBB: Days Payable Comparison

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 Days Payable vs 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.



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. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (1.569 + 2.064) / 2 ) / 1.935*365
=1.8165 / 1.935*365
=342.65

Braille Energy Systems's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1.84 + 1.619) / 2 ) / 0.429*365 / 4
=1.7295 / 0.429*365 / 4
=367.87

* 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 367.87 mean?
Braille Energy Systems (TSXV:BES) has a Days Payable of 367.87 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Braille Energy Systems and its competitors. This is 283% above median its historical median of 96.15. Over the past decade, Braille Energy Systems' Days Payable has ranged from 62.59 to 404.62. According to the industry distribution chart, Braille Energy Systems ranks #87 out of 2992 companies in the Industrial Products industry, placing it in the top 2.9%.
Is Braille Energy Systems' Days Payable too high?
Braille Energy Systems' current Days Payable of 367.87 is 283% above median its 10-year median of 96.15. Over the past 10 years, this metric has ranged from a low of 62.59 to a high of 404.62. The Industrial Products industry median Days Payable is 78.05. Braille Energy Systems' value of 367.87 is 371.4% above this industry median. Based on the distribution chart, Braille Energy Systems ranks #87 out of 2992 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Braille Energy Systems' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Braille Energy Systems ranks #87 out of 2992 companies for Days Payable. This places Braille Energy Systems in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Braille Energy Systems' value of 367.87 is 371.4% above this benchmark. Historically, Braille Energy Systems' own Days Payable has ranged from 62.59 to 404.62 over the past decade. While the company's 10-year median is 96.15 vs. the industry median of 78.05, Braille Energy Systems has consistently been above 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,992 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. Braille Energy Systems's current Days Payable of 367.87 is 371.4% above 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 Braille Energy Systems and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Braille Energy Systems's current Days Payable is 367.87, which is 283% above median its own 10-year median of 96.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Braille Energy Systems stock overvalued right now?
Based on GuruFocus' analysis, Braille Energy Systems (TSXV:BES) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.04, compared to a current price of C$0.04 — trading 12.5% below its estimated fair value. The current Days Payable is 367.87, which is 283% above median its 10-year median of 96.15 and 371.4% above the Industrial Products industry median of 78.05. 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 Braille Energy Systems (TSXV:BES), the current Days Payable is 367.87 as of Mar. 2026. 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.

Braille Energy Systems Business Description

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