EQTEC (FRA:KEU) Days Payable : 3,926.26 (As of Jun. 2023)

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What is EQTEC Days Payable?

EQTEC's average Accounts Payable for the six months ended in Jun. 2023 was €2.35 Mil. EQTEC's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.11 Mil. Hence, EQTEC's Days Payable for the six months ended in Jun. 2023 was 3,926.26.

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

FRA:KEU' s Days Payable Range Over the Past 10 Years
Min: 30.37 Med: 113.32 Max: 77653.75
Current: 303.14

During the past 13 years, EQTEC's highest Days Payable was 77653.75. The lowest was 30.37. And the median was 113.32.

FRA:KEU's Days Payable is ranked better than
95.23% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs FRA:KEU: 303.14

EQTEC's Days Payable increased from Jun. 2022 (294.18) to Jun. 2023 (3,926.26). It may suggest that EQTEC delayed paying its suppliers.

EQTEC Days Payable Historical Data

The historical data trend for EQTEC'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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EQTEC Days Payable Chart

EQTEC Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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117.81

105.30

31.54

64.66

105.92

EQTEC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															739.45	73.53	294.18	168.19	3,926.26

Competitive Comparison of EQTEC's Days Payable

For the Specialty Industrial Machinery subindustry, EQTEC'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.

EQTEC's Days Payable Distribution in the Industrial Products Industry

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

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

EQTEC 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.

EQTEC's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.526	+	1.538)	/	2 )	/	7.002	*	365
=	2.032					/	7.002	*	365
=	105.92

EQTEC's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1.538	+	3.152)	/	2 )	/	0.109	*	365 / 2
=	2.345					/	0.109	*	365 / 2
=	3,926.26

EQTEC Days Payable Related Terms

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EQTEC (FRA:KEU) Business Description

Industry

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EQT:UK

Address

Building 1000, City Gate, Mahon, Cork, IRL, T12 W7CV

Website

https://www.eqtec.com

EQTEC PLC is a developer of clean energy infrastructure focused on reducing greenhouse gas emissions and wastes through gasification technologies. The company provides solutions to manage rising levels of waste and meet the growing demand for clean energy the group design and supplies advanced gasification solutions and have a higher efficiency product offering that is modular and scalable from 1MW to 30MW and the solutions produce synthesis gas (syngas), that can be used for the widest applications in the generation of clean energy, hydrogen, and biofuels, enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG, and other energy production.

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