Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) Days Payable: 29.89 (As of Dec. 2024)

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XMAD:EIDF Energia Innovacion Y Desarrollo Fotovoltaico SA XMAD:EIDF
65 GF Score
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What is Energia Innovacion Y Desarrollo Fotovoltaico Days Payable?

Energia Innovacion Y Desarrollo Fotovoltaico XMAD:EIDF 65 Days Payable is 29.89 as of Dec. 2024. GuruFocus rates XMAD:EIDF with a GF Score™ of 65/100.

Energia Innovacion Y Desarrollo Fotovoltaico's average Accounts Payable for the six months ended in Dec. 2024 was €10.1 Mil. Energia Innovacion Y Desarrollo Fotovoltaico's Cost of Goods Sold for the six months ended in Dec. 2024 was €61.8 Mil. Hence, Energia Innovacion Y Desarrollo Fotovoltaico's Days Payable for the six months ended in Dec. 2024 was 29.89.

The historical rank and industry rank for Energia Innovacion Y Desarrollo Fotovoltaico's Days Payable or its related term are showing as below:

XMAD:EIDF's Days Payable is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 79.9
* Ranked among companies with meaningful Days Payable only.

Energia Innovacion Y Desarrollo Fotovoltaico's Days Payable declined from Dec. 2023 (35.65) to Dec. 2024 (29.89). It may suggest that Energia Innovacion Y Desarrollo Fotovoltaico accelerated paying its suppliers.


Energia Innovacion Y Desarrollo Fotovoltaico Days Payable Related Terms


Energia Innovacion Y Desarrollo Fotovoltaico Days Payable Historical Data

* Premium members only.

The historical data trend for Energia Innovacion Y Desarrollo Fotovoltaico'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.

Energia Innovacion Y Desarrollo Fotovoltaico Days Payable Chart

Energia Innovacion Y Desarrollo Fotovoltaico Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 138.90 79.94 24.20 41.06 37.40

Energia Innovacion Y Desarrollo Fotovoltaico Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.53 40.56 35.65 50.84 29.89

Energia Innovacion Y Desarrollo Fotovoltaico Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Energia Innovacion Y Desarrollo Fotovoltaico'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.


Energia Innovacion Y Desarrollo Fotovoltaico Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Energia Innovacion Y Desarrollo Fotovoltaico's Days Payable distribution charts can be found below:

* The bar in red indicates where Energia Innovacion Y Desarrollo Fotovoltaico's Days Payable falls into.


XMAD:EIDF
65GF Score
Energia Innovacion Y Desarrollo Fotovoltaico SA XMAD:EIDF
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Energia Innovacion Y Desarrollo Fotovoltaico 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.

Energia Innovacion Y Desarrollo Fotovoltaico's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (13.861 + 8.294) / 2 ) / 108.105*365
=11.0775 / 108.105*365
=37.40

Energia Innovacion Y Desarrollo Fotovoltaico'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
=( (11.946 + 8.294) / 2 ) / 61.782*365 / 2
=10.12 / 61.782*365 / 2
=29.89

* 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 29.89 mean?
Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) has a Days Payable of 29.89 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 Energia Innovacion Y Desarrollo Fotovoltaico and its competitors.
Is Energia Innovacion Y Desarrollo Fotovoltaico's Days Payable too high?
Energia Innovacion Y Desarrollo Fotovoltaico's current Days Payable is 29.89. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Energia Innovacion Y Desarrollo Fotovoltaico's value of 29.89 is 62.6% below this industry median. Overall, Energia Innovacion Y Desarrollo Fotovoltaico has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Energia Innovacion Y Desarrollo Fotovoltaico's Days Payable compare to competitors?
Energia Innovacion Y Desarrollo Fotovoltaico's Days Payable of 29.89 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Days Payable is 79.90. Energia Innovacion Y Desarrollo Fotovoltaico's value of 29.89 is 62.6% below 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 394 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. Energia Innovacion Y Desarrollo Fotovoltaico's current Days Payable of 29.89 is 62.6% below 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 Energia Innovacion Y Desarrollo Fotovoltaico and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energia Innovacion Y Desarrollo Fotovoltaico's current Days Payable is 29.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energia Innovacion Y Desarrollo Fotovoltaico stock overvalued right now?
Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) has a current Days Payable of 29.89. The current Days Payable is 29.89 and 62.6% below the Utilities - Independent Power Producers industry median of 79.90. Energia Innovacion Y Desarrollo Fotovoltaico's overall GF Score™ is 65/100. 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 Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF), the current Days Payable is 29.89 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.

Energia Innovacion Y Desarrollo Fotovoltaico Business Description

Address Poligono Industrial Outeda - Curro, No.3, Mud, Pontevedra, ESP, 36692
Energia Innovacion Y Desarrollo Fotovoltaico SA is a company specialized in photovoltaic solar energy projects. It offers engineering services, energy consulting, and installation of low and medium voltage. It is engaged in self-consumption photovoltaic installations for companies. Some of its projects are Generation park-Pulpi I, Fricosa, Barcia pipes, Peregrin One Garlic among others. The company currently has two Operating Segments: Generation and self-consumption, and Marketing.
65GF Score

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