Fluence Energy (Fluence Energy) Days Payable : 53.13 (As of Dec. 2023)

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What is Fluence Energy Days Payable?

Fluence Energy's average Accounts Payable for the three months ended in Dec. 2023 was $191 Mil. Fluence Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $328 Mil. Hence, Fluence Energy's Days Payable for the three months ended in Dec. 2023 was 53.13.

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

FLNC' s Days Payable Range Over the Past 10 Years
Min: 30.73 Med: 54.88 Max: 67.05
Current: 50.36

During the past 5 years, Fluence Energy's highest Days Payable was 67.05. The lowest was 30.73. And the median was 54.88.

FLNC's Days Payable is ranked worse than
63.4% of 388 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.005 vs FLNC: 50.36

Fluence Energy's Days Payable declined from Dec. 2022 (123.92) to Dec. 2023 (53.13). It may suggest that Fluence Energy accelerated paying its suppliers.

Fluence Energy Days Payable Historical Data

The historical data trend for Fluence 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.

Fluence Energy Days Payable Chart

Fluence Energy Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

54.88

30.73

57.55

67.05

32.32

Fluence Energy Quarterly Data
	Sep19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											123.92	61.91	50.19	17.50	53.13

Competitive Comparison of Fluence Energy's Days Payable

For the Utilities - Renewable subindustry, Fluence 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.

Fluence Energy's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

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

Fluence 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.

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

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (304.898	+	62.899)	/	2 )	/	2077.023	*	365
=	183.8985					/	2077.023	*	365
=	32.32

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

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (62.899	+	318.548)	/	2 )	/	327.57	*	365 / 4
=	190.7235					/	327.57	*	365 / 4
=	53.13

Fluence Energy Days Payable Related Terms

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Fluence Energy (Fluence Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Fluence Energy Inc (NAS:FLNC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4601 Fairfax Drive, Suite 600, Arlington, VA, USA, 22203

Website

https://www.fluenceenergy.com

Fluence Energy Inc is enabling the global clean energy transition with market-leading energy storage products and services, and digital applications for renewables and storage. Geographically, it derives a majority of its revenue from the Americas.

Executives

Siemens Pension Trust E V	10 percent owner	WITTELSBACHERPLATZ 2, MUNICH GERMANY 2M 80333
Investment Authority Qatar	director, 10 percent owner	P.O. BOX 23224, DOHA S3 QATAR
Michelle Philpot	officer: Chief Accounting Officer	KANA SOFTWARE, INC., 181 CONSTITUTION DR., MENLO PARK CA 94025
Peter Bennett Williams	officer: SVP & CSCMO	2225 W. CHANDLER BLVD., CHANDLER AZ 85224
Carolee Couch	officer: SVP & CSC and MC	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Rebecca Boll	officer: SVP AND Chief Product Officer	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Ricardo Manuel Falu	director	4300 WILSON BLVD, ARLINGTON VA 22203
Manavendra Sial	officer: SVP & Chief Financial Officer	77 RIO ROBLES, SAN JOSE CA 95134
Dennis Fehr	officer: SVP & Chief Financial Officer	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Krishna C Vanka	officer: SVP & Chief Digital Officer	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Julian Nebreda	director	4300 WILSON BLVD., ARLINGTON VA 22203
Tish Mendoza	director	4300 WILSON BOULEVARD, ARLINGTON VA 22203
Seyed Madaeni	officer: Senior VP and CD Officer	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Cynthia A Arnold	director	P O BOX 1461, MINNEAPOLIS MN 55440
Herman E Bulls	director	JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006