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AFC Energy (AFC Energy) Days Payable : 1,355.55 (As of Oct. 2023)


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What is AFC Energy Days Payable?

AFC Energy's average Accounts Payable for the six months ended in Oct. 2023 was $1.18 Mil. AFC Energy's Cost of Goods Sold for the six months ended in Oct. 2023 was $0.16 Mil. Hence, AFC Energy's Days Payable for the six months ended in Oct. 2023 was 1,355.55.

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

AFGYF' s Days Payable Range Over the Past 10 Years
Min: 60.66   Med: 265.96   Max: 2718.62
Current: 977.47

During the past 13 years, AFC Energy's highest Days Payable was 2718.62. The lowest was 60.66. And the median was 265.96.

AFGYF's Days Payable is ranked better than
99.11% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs AFGYF: 977.47

AFC Energy's Days Payable increased from Oct. 2022 (559.05) to Oct. 2023 (1,355.55). It may suggest that AFC Energy delayed paying its suppliers.

AFC Energy Days Payable Historical Data

The historical data trend for AFC 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.

AFC Energy Days Payable Chart

AFC Energy Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 216.27 340.55 835.52

AFC Energy Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 159.34 415.54 559.05 775.18 1,355.55

Competitive Comparison of AFC Energy's Days Payable

For the Electrical Equipment & Parts subindustry, AFC 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.

AFC Energy's Days Payable Distribution in the Industrial Products Industry

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

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


AFC 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.

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

Days Payable (A: Oct. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2022 ) + Accounts Payable (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (0.505 + 1.134) / 2 ) / 0.358*365
=0.8195 / 0.358*365
=835.52

AFC Energy's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

Days Payable (Q: Oct. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2023 ) + Accounts Payable (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (1.228 + 1.134) / 2 ) / 0.159*365 / 2
=1.181 / 0.159*365 / 2
=1,355.55

* 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.

AFC Energy Days Payable Related Terms

Thank you for viewing the detailed overview of AFC Energy's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

AFC Energy (AFC Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AFC Energy PLC (OTCPK:AFGYF) » Definitions » Days Payable
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Traded in Other Exchanges
AFC:UK QC8:Germany
Address
Unit 71.4 Dunsfold Park, Stovolds Hill, Cranleigh, Surrey, GBR, GU6 8TB
Website
https://www.afcenergy.com
AFC Energy PLC is a provider of hydrogen fuel cell power systems to generate clean energy in support of the energy transition. the Company's scalable systems provide off-grid, zero-emission power that is already being deployed for rapid electric vehicle charging and the replacement of diesel generators for temporary power applications. it is also working with its partners in the deployment of products for the Maritime, Ports, Data Centers, and Rail industries, emphasizing the central role of its technology in the decarbonization of industry.