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P2 Solar (P2 Solar) Days Payable : 1,093.02 (As of Dec. 2023)


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What is P2 Solar Days Payable?

P2 Solar's average Accounts Payable for the three months ended in Dec. 2023 was $0.28 Mil. P2 Solar's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.02 Mil. Hence, P2 Solar's Days Payable for the three months ended in Dec. 2023 was 1,093.02.

The historical rank and industry rank for P2 Solar's Days Payable or its related term are showing as below:

PTOS' s Days Payable Range Over the Past 10 Years
Min: 486.18   Med: 486.18   Max: 1031.13
Current: 1031.13

During the past 12 years, P2 Solar's highest Days Payable was 1031.13. The lowest was 486.18. And the median was 486.18.

PTOS's Days Payable is ranked better than
98.55% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs PTOS: 1031.13

P2 Solar's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (1,093.02). It may suggest that P2 Solar delayed paying its suppliers.


P2 Solar Days Payable Historical Data

The historical data trend for P2 Solar'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.

P2 Solar Days Payable Chart

P2 Solar Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 486.18 - -

P2 Solar Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 1,181.18 476.73 1,093.02

Competitive Comparison of P2 Solar's Days Payable

For the Solar subindustry, P2 Solar'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.


P2 Solar's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, P2 Solar's Days Payable distribution charts can be found below:

* The bar in red indicates where P2 Solar's Days Payable falls into.



P2 Solar 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.

P2 Solar's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0.225 + 0.22) / 2 ) / 0*365
=0.2225 / 0*365
=N/A

P2 Solar'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
=( (0.266 + 0.285) / 2 ) / 0.023*365 / 4
=0.2755 / 0.023*365 / 4
=1,093.02

* 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.


P2 Solar Days Payable Related Terms

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P2 Solar (P2 Solar) Business Description

Traded in Other Exchanges
N/A
Address
13718 91 Avenue, Surrey, BC, CAN, V3V 7X1
P2 Solar Inc is focused on the construction of rooftop solar systems in residential and commercial buildings in British Columbia, Canada.