The Environmental Group (ASX:EGL) Days Payable : 73.19 (As of Dec. 2023)

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What is The Environmental Group Days Payable?

The Environmental Group's average Accounts Payable for the six months ended in Dec. 2023 was A$13.36 Mil. The Environmental Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$33.32 Mil. Hence, The Environmental Group's Days Payable for the six months ended in Dec. 2023 was 73.19.

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

ASX:EGL' s Days Payable Range Over the Past 10 Years
Min: 56.78 Med: 80.96 Max: 92.57
Current: 78.55

During the past 13 years, The Environmental Group's highest Days Payable was 92.57. The lowest was 56.78. And the median was 80.96.

ASX:EGL's Days Payable is ranked better than
51.09% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs ASX:EGL: 78.55

The Environmental Group's Days Payable increased from Dec. 2022 (66.19) to Dec. 2023 (73.19). It may suggest that The Environmental Group delayed paying its suppliers.

The Environmental Group Days Payable Historical Data

The historical data trend for The Environmental Group'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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The Environmental Group Days Payable Chart

The Environmental Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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87.69

80.65

56.78

60.10

57.11

The Environmental Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															59.81	64.81	66.19	76.98	73.19

Competitive Comparison of The Environmental Group's Days Payable

For the Pollution & Treatment Controls subindustry, The Environmental Group'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.

The Environmental Group's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where The Environmental Group's Days Payable falls into.

The Environmental Group 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.

The Environmental Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (8.549	+	11.415)	/	2 )	/	63.801	*	365
=	9.982					/	63.801	*	365
=	57.11

The Environmental Group'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
=	( (11.415	+	15.313)	/	2 )	/	33.323	*	365 / 2
=	13.364					/	33.323	*	365 / 2
=	73.19

The Environmental Group Days Payable Related Terms

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The Environmental Group (ASX:EGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Environmental Group Ltd (ASX:EGL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Ferntree Place, Level 1 ,Suite 1.01, Notting Hill, Melbourne, VIC, AUS, 3168

Website

https://www.environmental.com.au

The Environmental Group Ltd is a facility service and environmental solutions company. Its principal activities are design, application, and servicing of innovative gas and vapor emission control systems, inlet and exhaust systems for gas turbines and engineering services, and innovative water treatment, service, and maintenance of commercial boilers and engineering services, to a wide variety of industries. It has following segments: Products Pollution Control, EGL Energy; Products Gas Turbine; EGL Waste and others. The company generates maximum revenue from the EGL Energy segment.