Vast Renewables (Vast Renewables) Days Payable : 1,007.64 (As of Dec. 2023)

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What is Vast Renewables Days Payable?

Vast Renewables's average Accounts Payable for the six months ended in Dec. 2023 was $3.24 Mil. Vast Renewables's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.59 Mil. Hence, Vast Renewables's Days Payable for the six months ended in Dec. 2023 was 1,007.64.

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

VSTE' s Days Payable Range Over the Past 10 Years
Min: 340.88 Med: 707.72 Max: 1074.55
Current: 886.75

During the past 3 years, Vast Renewables's highest Days Payable was 1074.55. The lowest was 340.88. And the median was 707.72.

VSTE's Days Payable is ranked better than
98.13% of 965 companies
in the Semiconductors industry
Industry Median: 51.92 vs VSTE: 886.75

Vast Renewables's Days Payable increased from Dec. 2022 (744.92) to Dec. 2023 (1,007.64). It may suggest that Vast Renewables delayed paying its suppliers.

Vast Renewables Days Payable Historical Data

The historical data trend for Vast Renewables'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.

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Vast Renewables Days Payable Chart

Vast Renewables Annual Data

Trend

Jun20

Jun21

Jun22

Days Payable

340.88

1,074.55

Vast Renewables Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			389.75	2,968.48	744.92	447.17	1,007.64

Competitive Comparison of Vast Renewables's Days Payable

For the Solar subindustry, Vast Renewables'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.

Vast Renewables's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Vast Renewables's Days Payable falls into.

Vast Renewables 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.

Vast Renewables's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

	Days Payable (A: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2021 )	+	Accounts Payable (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (0.378	+	1.041)	/	2 )	/	0.241	*	365
=	0.7095					/	0.241	*	365
=	1,074.55

Vast Renewables'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.264	+	5.207)	/	2 )	/	0.586	*	365 / 2
=	3.2355					/	0.586	*	365 / 2
=	1,007.64

Vast Renewables Days Payable Related Terms

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Vast Renewables (Vast Renewables) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Vast Renewables Ltd (NAS:VSTE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

226-230 Liverpool Street, Darlinghurst, NSW, AUS, 2010

Website

https://www.vast.energy

Vast Solar Pty Ltd is a clean, renewable energy company specializing in the design and manufacturing of concentrated solar thermal power (CSP) systems to generate carbon-free, utility-scale electricity, industrial heat, and green fuels. The Company's differentiated modular CSP system, utilizing proprietary sodium loop heat transfer technology, provides customers with a solution to the enduring challenge of intermittent renewable energy through 24/7 dispatchable power and heat.

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