ClearSign Technologies (ClearSign Technologies) Days Payable : 46.64 (As of Dec. 2023)

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What is ClearSign Technologies Days Payable?

ClearSign Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $0.37 Mil. ClearSign Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.72 Mil. Hence, ClearSign Technologies's Days Payable for the three months ended in Dec. 2023 was 46.64.

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

CLIR' s Days Payable Range Over the Past 10 Years
Min: 76.18 Med: 247.47 Max: 418.76
Current: 76.18

During the past 13 years, ClearSign Technologies's highest Days Payable was 418.76. The lowest was 76.18. And the median was 247.47.

CLIR's Days Payable is ranked worse than
50.07% of 2930 companies
in the Industrial Products industry
Industry Median: 76.24 vs CLIR: 76.18

ClearSign Technologies's Days Payable declined from Dec. 2022 (473.86) to Dec. 2023 (46.64). It may suggest that ClearSign Technologies accelerated paying its suppliers.

ClearSign Technologies Days Payable Historical Data

The historical data trend for ClearSign Technologies'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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ClearSign Technologies Days Payable Chart

ClearSign Technologies Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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418.76

76.18

ClearSign Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															473.86	34.28	-	-	46.64

Competitive Comparison of ClearSign Technologies's Days Payable

For the Pollution & Treatment Controls subindustry, ClearSign Technologies'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.

ClearSign Technologies's Days Payable Distribution in the Industrial Products Industry

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

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

ClearSign Technologies 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.

ClearSign Technologies'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
=	( (0.296	+	0.366)	/	2 )	/	1.586	*	365
=	0.331					/	1.586	*	365
=	76.18

ClearSign Technologies'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	+	0.366)	/	1 )	/	0.716	*	365 / 4
=	0.366					/	0.716	*	365 / 4
=	46.64

ClearSign Technologies Days Payable Related Terms

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ClearSign Technologies (ClearSign Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ClearSign Technologies Corp (NAS:CLIR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4CC:Germany

Address

8023 East 63rd Place, Suite 101, Tulsa, OK, USA, 74133

Website

https://www.clearsign.com

ClearSign Technologies Corp is engaged in providing solutions to some of the pressing productivity, energy efficiency, and pollution problems affecting the energy, oil, and gas production, boiler, and processing industries. It believes that its patented ClearSign Core technology can enhance the performance of combustion systems in a broad range of markets, including the energy (upstream oil production and downstream refining), institutional, commercial, and industrial boiler, chemical, and petrochemical industries. The company offers products that include process burners, boiler burners, flares, and ClearSign Eye.

Executives

Lacy Catharine De	director	6 VILLAGE NORTH DR, #107, HILTON HEAD SC 29926
Gary J. Dielsi	director	18 PIERREPONT DRIVE, RIDGEFIELD CT 06877
Hoffman Robert Thurston Sr	director, 10 percent owner	119 WARREN AVENUE, SPRING LAKE NJ 07762
Bruce Alan Pate	director	23235 WALLING RD., GEYSERVILLE CA 95441
Brent Hinds	officer: VP and Controller	12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Judith S Schrecker	director	12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Susanne Meline	director	P.O. BOX 515381, #86506, LOS ANGELES CA 90051
Deller Colin James	officer: Chief Executive Officer	C/O CLEARSIGN COMBUSTION CORP., 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Donald W Kendrick	officer: Chief Technology Officer	12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Brian Grant Fike	officer: Chief Financial Officer	12755 SE 73RD PLACE, NEWCASTLE WA 98056-1315
Stephen Michael Sock	officer: SVP, Business Development	4025 RAVENSWAY CT, PEARLAND TX 77584
Lon E Bell	director	C/O AMERIGON INC, 5462 IRWINDALE AVENUE, IRWINDALE CA 91706
James M Simmons	director
Clirspv Llc	10 percent owner	119 WARREN AVE, 3RD FLOOR, SPRING LAKE NJ 07762-1217
Princeton Opportunity Management Llc	10 percent owner	119 WARREN AVE, 3RD FLOOR, SPRING LAKE NJ 07762