VSTTF (Vast Renewables) Days Payable: 1,179.69 (As of Dec. 2024)


What is Vast Renewables Days Payable?

Vast Renewables VSTTF Days Payable is 1,179.69 as of Dec. 2024.

Vast Renewables's average Accounts Payable for the six months ended in Dec. 2024 was $1.08 Mil. Vast Renewables's Cost of Goods Sold for the six months ended in Dec. 2024 was $0.17 Mil. Hence, Vast Renewables's Days Payable for the six months ended in Dec. 2024 was 1,179.69.

The historical rank and industry rank for Vast Renewables's Days Payable or its related term are showing as below:

VSTTF's Days Payable is not ranked *
in the Semiconductors industry.
Industry Median: 52.9
* Ranked among companies with meaningful Days Payable only.

Vast Renewables's Days Payable increased from Dec. 2023 (1,007.64) to Dec. 2024 (1,179.69). It may suggest that Vast Renewables delayed paying its suppliers.

Vast Renewables Days Payable Historical Data

* Premium members only.

The historical data trend for Vast Renewables'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.

Vast Renewables Days Payable Chart

Vast Renewables Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
0.00 340.88 1,074.55 701.10 548.17

Vast Renewables Semi-Annual Data
Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only 744.92 447.17 1,007.64 2,546.63 1,179.69

VSTTF vs APWL, FSLR, NXT: Days Payable Comparison

For the Solar subindustry, Vast Renewables'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.

Vast Renewables Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vast Renewables's Days Payable distribution charts can be found below:

* The bar in red indicates where Vast Renewables's Days Payable falls into.


Vast Renewables 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.

Vast Renewables's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (1.264 + 1.184) / 2 ) / 0.815*365
=1.224 / 0.815*365
=548.17

Vast Renewables'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: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1.184 + 0.975) / 2 ) / 0.167*365 / 2
=1.0795 / 0.167*365 / 2
=1,179.69

* 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 1,179.69 mean?
Vast Renewables (VSTTF) has a Days Payable of 1,179.69 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vast Renewables and its competitors.
Is Vast Renewables' Days Payable too high?
Vast Renewables' current Days Payable is 1,179.69. The Semiconductors industry median Days Payable is 52.90. Vast Renewables' value of 1,179.69 is 2130% above this industry median.
How does Vast Renewables' Days Payable compare to APWL and FSLR?
Vast Renewables' Days Payable of 1,179.69 can be compared against companies in the Semiconductors industry. The industry median Days Payable is 52.90. Vast Renewables' value of 1,179.69 is 2130% above 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 a Semiconductors company?
The median Days Payable among Semiconductors companies is 52.90, based on 999 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. Vast Renewables's current Days Payable of 1,179.69 is 2130% 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 Vast Renewables and its competitors. For the Semiconductors industry, the median Days Payable is 52.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vast Renewables's current Days Payable is 1,179.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vast Renewables stock overvalued right now?
Vast Renewables (VSTTF) has a current Days Payable of 1,179.69. The current Days Payable is 1,179.69 and 2130% above the Semiconductors industry median of 52.90. 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 Vast Renewables (VSTTF), the current Days Payable is 1,179.69 as of Dec. 2024. 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.

Vast Renewables Business Description

Address 124 Walker Street, Suite 7.02, North Sydney, NSW, AUS, 2060
Vast Renewables Ltd is a clean, renewable energy company specializing in the design and manufacturing of concentrated solar thermal power (CSP) systems to generate carbon-free, utility-scale electricity, industrial heat, and green fuels. The Company's differentiated modular CSP system, utilizing proprietary sodium loop heat transfer technology, provides customers with a solution to the enduring challenge of intermittent renewable energy through 24/7 dispatchable power and heat.