Innovative Energy Group (XJAM:ENERGY) Days Payable: 134.75 (As of Feb. 2026) — 42% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XJAM:ENERGY Innovative Energy Group Ltd XJAM:ENERGY
31 GF Score
Price JMD1.05
! 6 Warning Signs
View Full Analysis

What is Innovative Energy Group Days Payable?

Innovative Energy Group XJAM:ENERGY 31 Days Payable is 134.75 as of Feb. 2026, which is 42% below its 10-year median of 233.32. GuruFocus rates XJAM:ENERGY with a GF Score™ of 31/100. The stock has 6 warning signs investors should review. Among 2,991 Industrial Products companies, Innovative Energy Group ranks better than 89.33% on this metric.

Innovative Energy Group's average Accounts Payable for the three months ended in Feb. 2026 was JMD101.3 Mil. Innovative Energy Group's Cost of Goods Sold for the three months ended in Feb. 2026 was JMD68.6 Mil. Hence, Innovative Energy Group's Days Payable for the three months ended in Feb. 2026 was 134.75.

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

XJAM:ENERGY' s Days Payable Range Over the Past 10 Years
Min: 228.8   Med: 233.32   Max: 233.32
Current: 228.8

During the past 5 years, Innovative Energy Group's highest Days Payable was 233.32. The lowest was 228.80. And the median was 233.32.

XJAM:ENERGY's Days Payable is ranked better than
89.33% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs XJAM:ENERGY: 228.80

Innovative Energy Group's Days Payable declined from Feb. 2025 (279.19) to Feb. 2026 (134.75). It may suggest that Innovative Energy Group accelerated paying its suppliers.


Innovative Energy Group Days Payable Historical Data

* Premium members only.

The historical data trend for Innovative Energy 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.

Innovative Energy Group Days Payable Chart

Innovative Energy Group Annual Data
Trend May09 May10 May23 May24 May25
Days Payable
0.00 0.00 0.00 0.00 233.32

Innovative Energy Group Quarterly Data
May09 May10 Aug22 May23 Aug23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 279.19 177.43 463.88 325.95 134.75

XJAM:ENERGY vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Innovative Energy 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.


Innovative Energy Group Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Innovative Energy Group's Days Payable falls into.


XJAM:ENERGY
31GF Score
Innovative Energy Group Ltd XJAM:ENERGY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innovative Energy 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.

Innovative Energy Group's Days Payable for the fiscal year that ended in May. 2025 is calculated as

Days Payable (A: May. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2024 ) + Accounts Payable (A: May. 2025 )) / count ) / Cost of Goods Sold (A: May. 2025 )*Days in Period
=( (0 + 72.066) / 1 ) / 112.739*365
=72.066 / 112.739*365
=233.32

Innovative Energy Group's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (105.793 + 96.739) / 2 ) / 68.576*365 / 4
=101.266 / 68.576*365 / 4
=134.75

* 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 134.75 mean?
Innovative Energy Group (XJAM:ENERGY) has a Days Payable of 134.75 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Innovative Energy Group and its competitors. This is 42% below median its historical median of 233.32. Over the past decade, Innovative Energy Group's Days Payable has ranged from 228.80 to 233.32. According to the industry distribution chart, Innovative Energy Group ranks #319 out of 2991 companies in the Industrial Products industry, placing it in the top 10.7%.
Is Innovative Energy Group's Days Payable too high?
Innovative Energy Group's current Days Payable of 134.75 is 42% below median its 10-year median of 233.32. Over the past 10 years, this metric has ranged from a low of 228.80 to a high of 233.32. The Industrial Products industry median Days Payable is 77.97. Innovative Energy Group's value of 134.75 is 72.8% above this industry median. Based on the distribution chart, Innovative Energy Group ranks #319 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Innovative Energy Group has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Innovative Energy Group's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Innovative Energy Group ranks #319 out of 2991 companies for Days Payable. This places Innovative Energy Group in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.97. Innovative Energy Group's value of 134.75 is 72.8% above this benchmark. Historically, Innovative Energy Group's own Days Payable has ranged from 228.80 to 233.32 over the past decade. While the company's 10-year median is 233.32 vs. the industry median of 77.97, Innovative Energy Group 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 77.97, based on 2,991 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. Innovative Energy Group's current Days Payable of 134.75 is 72.8% 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 Innovative Energy Group and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Energy Group's current Days Payable is 134.75, which is 42% below median its own 10-year median of 233.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Energy Group stock overvalued right now?
Innovative Energy Group (XJAM:ENERGY) has a current Days Payable of 134.75. The current Days Payable is 134.75, which is 42% below median its 10-year median of 233.32 and 72.8% above the Industrial Products industry median of 77.97. Innovative Energy Group's overall GF Score™ is 31/100 with 6 warning signs to review. 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 Innovative Energy Group (XJAM:ENERGY), the current Days Payable is 134.75 as of Feb. 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.

Innovative Energy Group Business Description

Address R1 Commercial Park, Unit no. 14, 11-13 Marverly Avenue, Kingston, JAM, 10
Innovative Energy Group Ltd is a Jamaican based vertically integrated energy company. It provides clean energy solutions through the development of hybrid renewable or stand-alone cogeneration and trigeneration microturbine projects. IEC provides energy audits, project development, construction, operations and asset management services.
31GF Score

Get the complete analysis for XJAM:ENERGY

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

JMD1.05
Price