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Enphase Energy (FRA:E0P) Days Payable : 57.88 (As of Mar. 2024)


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What is Enphase Energy Days Payable?

Enphase Energy's average Accounts Payable for the three months ended in Mar. 2024 was €86 Mil. Enphase Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was €136 Mil. Hence, Enphase Energy's Days Payable for the three months ended in Mar. 2024 was 57.88.

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

FRA:E0P' s Days Payable Range Over the Past 10 Years
Min: 23.46   Med: 40.3   Max: 63.83
Current: 34.49

During the past 13 years, Enphase Energy's highest Days Payable was 63.83. The lowest was 23.46. And the median was 40.30.

FRA:E0P's Days Payable is ranked worse than
72.32% of 961 companies
in the Semiconductors industry
Industry Median: 51.74 vs FRA:E0P: 34.49

Enphase Energy's Days Payable increased from Mar. 2023 (26.55) to Mar. 2024 (57.88). It may suggest that Enphase Energy delayed paying its suppliers.


Enphase Energy Days Payable Historical Data

The historical data trend for Enphase Energy'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.

* Premium members only.

Enphase Energy Days Payable Chart

Enphase Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.60 57.73 39.96 31.18 36.27

Enphase Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 26.55 21.94 26.52 60.94 57.88

Competitive Comparison of Enphase Energy's Days Payable

For the Solar subindustry, Enphase Energy'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.


Enphase Energy's Days Payable Distribution in the Semiconductors Industry

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

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



Enphase Energy 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.

Enphase Energy's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (118.08 + 106.522) / 2 ) / 1130.109*365
=112.301 / 1130.109*365
=36.27

Enphase Energy's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (106.522 + 66.011) / 2 ) / 136.005*365 / 4
=86.2665 / 136.005*365 / 4
=57.88

* 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.


Enphase Energy Days Payable Related Terms

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Enphase Energy (FRA:E0P) Business Description

Traded in Other Exchanges
Address
47281 Bayside Parkway, Fremont, CA, USA, 94538
Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.

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