Blue Shark Power System (XPAR:MLBSP) Days Payable: 74.57 (As of Dec. 2017)


What is Blue Shark Power System Days Payable?

Blue Shark Power System XPAR:MLBSP Days Payable is 74.57 as of Dec. 2017.

Blue Shark Power System's average Accounts Payable for the six months ended in Dec. 2017 was €0.02 Mil. Blue Shark Power System's Cost of Goods Sold for the six months ended in Dec. 2017 was €0.09 Mil. Hence, Blue Shark Power System's Days Payable for the six months ended in Dec. 2017 was 37.28.

The historical rank and industry rank for Blue Shark Power System's Days Payable or its related term are showing as below:

XPAR:MLBSP'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.

Blue Shark Power System's Days Payable declined from Dec. 2015 (77.21) to Dec. 2017 (74.57). It may suggest that Blue Shark Power System accelerated paying its suppliers.

Blue Shark Power System Days Payable Historical Data

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The historical data trend for Blue Shark Power System'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.

Blue Shark Power System Days Payable Chart

Blue Shark Power System Annual Data
Trend Dec15 Dec16 Dec17
Days Payable
77.21 69.89 74.57

Blue Shark Power System Semi-Annual Data
Dec15 Dec16 Dec17
Days Payable 77.21 69.89 74.57

XPAR:MLBSP vs : Days Payable Comparison

For the Utilities - Renewable subindustry, Blue Shark Power System'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.

Blue Shark Power System Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Blue Shark Power System's Days Payable distribution charts can be found below:

* The bar in red indicates where Blue Shark Power System's Days Payable falls into.


Blue Shark Power System 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.

Blue Shark Power System's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0.014 + 0.024) / 2 ) / 0.093*365
=0.019 / 0.093*365
=74.57

Blue Shark Power System's Days Payable for the quarter that ended in Dec. 2017 is calculated as:

Days Payable (Q: Dec. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2016 ) + Accounts Payable (Q: Dec. 2017 )) / count ) / Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=( (0.014 + 0.024) / 2 ) / 0.093*365 / 2
=0.019 / 0.093*365 / 2
=37.28

* 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 74.57 mean?
Blue Shark Power System (XPAR:MLBSP) has a Days Payable of 74.57 as of Dec. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Blue Shark Power System and its competitors.
Is Blue Shark Power System's Days Payable too high?
Blue Shark Power System's current Days Payable is 74.57. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Blue Shark Power System's value of 74.57 is 6.7% below this industry median.
How does Blue Shark Power System's Days Payable compare to ?
Blue Shark Power System's Days Payable of 74.57 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Days Payable is 79.90. Blue Shark Power System's value of 74.57 is 6.7% 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 390 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. Blue Shark Power System's current Days Payable of 74.57 is 6.7% 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 Blue Shark Power System 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. Blue Shark Power System's current Days Payable is 74.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Shark Power System stock overvalued right now?
Blue Shark Power System (XPAR:MLBSP) has a current Days Payable of 74.57. The current Days Payable is 74.57 and 6.7% below the Utilities - Independent Power Producers industry median of 79.90. 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 Blue Shark Power System (XPAR:MLBSP), the current Days Payable is 74.57 as of Dec. 2017. 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.

Blue Shark Power System Business Description

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Address 5 Allee de Tourny, Bordeaux, FRA, FR-33000
Blue Shark Power System SA is a hydro kinetic turbine designed to produce clean energy exploiting slow-moving flows of water, as large river, tidal or water currents. The company is able to harvest energy with rated power of approximatey 250-1000 kW according to the speed of the water current on a choosing site.