Solid Power (Solid Power) Days Payable : 137.30 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Solid Power Days Payable?

Solid Power's average Accounts Payable for the three months ended in Mar. 2024 was $6.46 Mil. Solid Power's Cost of Goods Sold for the three months ended in Mar. 2024 was $4.29 Mil. Hence, Solid Power's Days Payable for the three months ended in Mar. 2024 was 137.30.

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

SLDP' s Days Payable Range Over the Past 10 Years
Min: 50.16 Med: 117.02 Max: 297.8
Current: 101.23

During the past 5 years, Solid Power's highest Days Payable was 297.80. The lowest was 50.16. And the median was 117.02.

SLDP's Days Payable is ranked better than
63.36% of 2934 companies
in the Industrial Products industry
Industry Median: 76.415 vs SLDP: 101.23

Solid Power's Days Payable increased from Mar. 2023 (108.38) to Mar. 2024 (137.30). It may suggest that Solid Power delayed paying its suppliers.

Solid Power Days Payable Historical Data

The historical data trend for Solid Power'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.

Solid Power Days Payable Chart

Solid Power Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

51.48

50.16

268.91

297.80

117.02

Solid Power Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											108.38	77.01	91.12	78.76	137.30

Competitive Comparison of Solid Power's Days Payable

For the Electrical Equipment & Parts subindustry, Solid Power'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.

Solid Power's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Solid Power's Days Payable falls into.

Solid Power 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.

Solid Power'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
=	( (11.326	+	6.455)	/	2 )	/	27.731	*	365
=	8.8905					/	27.731	*	365
=	117.02

Solid Power'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
=	( (6.455	+	0)	/	1 )	/	4.29	*	365 / 4
=	6.455					/	4.29	*	365 / 4
=	137.30

Solid Power Days Payable Related Terms

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

Solid Power (Solid Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solid Power Inc (NAS:SLDP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SLDPW:USA

Address

486 S. Pierce Avenue, Suite E, Louisville, CO, USA, 80027

Website

https://www.solidpowerbattery.com

Solid Power Inc is engaged in developing all-solid-state battery cell technology to enable the next generation of batteries for the EV and other markets. The company's planned business model is to license its all-solid-state battery cell designs and manufacturing know-how to top tier battery manufacturers or automotive original equipment manufacturers and to sell its sulfide-based solid electrolyte for incorporation into all-solid-state battery cells.

Executives

Joshua Buettner-garrett	officer: Chief Technology Officer	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Steven H Goldberg	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Kaled Awada	director	7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Susan M Kreh	director	18400 PLEASANT STREET, BROOKFIELD WI 53045
Van Scoter John C.	director, officer: President & CEO	486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Erik J Anderson	director, officer: Chief Executive Officer	1411 E MISSION AVE, SPOKANE WA 99202
Douglas M Campbell	director, officer: Chief Executive Officer	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
John Joseph Stephens	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Mary Ann Wright	director	486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Volta Energy Technologies, Llc	10 percent owner	28365 DAVIS PARKWAY, SUITE 202, WARRENVILLE IL 60555
Aleksandra A Miziolek	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Lesa B Roe	director	C/O SOLID POWER, INC., 486 S PIERCE AVE, SUITE E, LOUISVILLE CO 80027
Johnson Derek Colby	officer: Chief Operating Officer	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Rainer Feurer	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
David B Jansen	director, officer: President	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027