Consolidated Water Co (FRA:CW2) Days Payable : 40.15 (As of Mar. 2024)

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What is Consolidated Water Co Days Payable?

Consolidated Water Co's average Accounts Payable for the three months ended in Mar. 2024 was €10.4 Mil. Consolidated Water Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €23.7 Mil. Hence, Consolidated Water Co's Days Payable for the three months ended in Mar. 2024 was 40.15.

The historical rank and industry rank for Consolidated Water Co's Days Payable or its related term are showing as below:

FRA:CW2' s Days Payable Range Over the Past 10 Years
Min: 23.45 Med: 37.2 Max: 58.26
Current: 32.45

During the past 13 years, Consolidated Water Co's highest Days Payable was 58.26. The lowest was 23.45. And the median was 37.20.

FRA:CW2's Days Payable is ranked worse than
82.76% of 493 companies
in the Utilities - Regulated industry
Industry Median: 66.15 vs FRA:CW2: 32.45

Consolidated Water Co's Days Payable increased from Mar. 2023 (37.48) to Mar. 2024 (40.15). It may suggest that Consolidated Water Co delayed paying its suppliers.

Consolidated Water Co Days Payable Historical Data

The historical data trend for Consolidated Water Co'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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Consolidated Water Co Days Payable Chart

Consolidated Water Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.89

26.17

22.63

31.75

31.31

Consolidated Water Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															37.48	31.82	29.43	31.29	40.15

Competitive Comparison of Consolidated Water Co's Days Payable

For the Utilities - Regulated Water subindustry, Consolidated Water Co'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.

Consolidated Water Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Consolidated Water Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Consolidated Water Co's Days Payable falls into.

Consolidated Water Co 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.

Consolidated Water Co'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
=	( (7.965	+	10.641)	/	2 )	/	108.466	*	365
=	9.303					/	108.466	*	365
=	31.31

Consolidated Water Co'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
=	( (10.641	+	10.256)	/	2 )	/	23.746	*	365 / 4
=	10.4485					/	23.746	*	365 / 4
=	40.15

Consolidated Water Co Days Payable Related Terms

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Consolidated Water Co (FRA:CW2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Consolidated Water Co Ltd (FRA:CW2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CWCO:USA CW2:Germany

Address

West Bay Road, 4th Floor, Windward Three, P.O. Box 1114, Regatta Office Park, Grand Cayman, CYM, KY1-1102

Website

https://www.cwco.com

Consolidated Water Co Ltd is a water utility company. It develops and operates seawater desalination plants and water distribution systems. The company's business segments are; The retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Island, The bulk segment supplies potable water to government utilities in Grand Cayman and The Bahamas under long-term contracts, The services segment designs, constructs and sells water infrastructure and provides management and operating services to third parties, and The manufacturing segment manufactures and services a wide range of custom and specialized water-related products applicable to commercial, municipal and industrial water production, supply and treatment.

Consolidated Water Co (FRA:CW2) Headlines

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