Clean Energy Fuels (Clean Energy Fuels) Days Payable : 54.55 (As of Dec. 2023)

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What is Clean Energy Fuels Days Payable?

Clean Energy Fuels's average Accounts Payable for the three months ended in Dec. 2023 was $52.9 Mil. Clean Energy Fuels's Cost of Goods Sold for the three months ended in Dec. 2023 was $88.5 Mil. Hence, Clean Energy Fuels's Days Payable for the three months ended in Dec. 2023 was 54.55.

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

CLNE' s Days Payable Range Over the Past 10 Years
Min: 24.26 Med: 33.5 Max: 47.55
Current: 42.63

During the past 13 years, Clean Energy Fuels's highest Days Payable was 47.55. The lowest was 24.26. And the median was 33.50.

CLNE's Days Payable is ranked worse than
64.11% of 900 companies
in the Oil & Gas industry
Industry Median: 59.43 vs CLNE: 42.63

Clean Energy Fuels's Days Payable increased from Dec. 2022 (35.74) to Dec. 2023 (54.55). It may suggest that Clean Energy Fuels delayed paying its suppliers.

Clean Energy Fuels Days Payable Historical Data

The historical data trend for Clean Energy Fuels'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.

* Premium members only.

Clean Energy Fuels Days Payable Chart

Clean Energy Fuels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.35

34.99

29.16

34.64

47.55

Clean Energy Fuels 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															35.74	27.64	46.86	45.06	54.55

Competitive Comparison of Clean Energy Fuels's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Clean Energy Fuels'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.

Clean Energy Fuels's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Clean Energy Fuels's Days Payable distribution charts can be found below:

* The bar in red indicates where Clean Energy Fuels's Days Payable falls into.

Clean Energy Fuels 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.

Clean Energy Fuels'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
=	( (44.435	+	56.995)	/	2 )	/	389.294	*	365
=	50.715					/	389.294	*	365
=	47.55

Clean Energy Fuels'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
=	( (48.794	+	56.995)	/	2 )	/	88.475	*	365 / 4
=	52.8945					/	88.475	*	365 / 4
=	54.55

Clean Energy Fuels Days Payable Related Terms

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Clean Energy Fuels (Clean Energy Fuels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Clean Energy Fuels Corp (NAS:CLNE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WIQ:Germany

Address

4675 MacArthur Court, Suite 800, Newport Beach, CA, USA, 92660

Website

https://www.cleanenergyfuels.com

Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas, liquefied natural gas, and renewable natural gas as an alternative fuel for vehicles. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The company operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. The company also builds, operates, and maintains natural gas fueling stations for customers. The company's target markets include heavy-duty trucking, airports, public transit, institutional energy users, and government fleets.

Executives

Mathieu Soulas	director	4675 MACARTHUR CT, STE 800, NEWPORT BEACH CA 92660
Parker Anders Weil	director	262 MCKINLEY PLACE, RIDGEWOOD NJ 07450
Lizabeth A Ardisana	director	328 S. SAGINAW ST., FLINT MI 48430
Mitchell W Pratt	officer: Sr. VP, Eng., Opp & Public Aff	C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Barclay Corbus	officer: Sr. VP, Strategic Development	C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Andrew J Littlefair	director, officer: President and CEO	C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Lorraine Paskett	director	C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Karine Boissy-rousseau	director	C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Laurent Rene Wolffsheim	director	C/O SUNPOWER CORPORATION, 77 RIO ROBLES, SAN JOSE CA 95134
Robert M. Vreeland	officer: Chief Financial Officer	C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Total Marketing Services S.a.	10 percent owner	24 COURS MICHELET DEFENSE 10, PUTEAUX I0 92800
Thomas Maurisse	director	C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Kenneth M Socha	director	C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Miller James C Iii	director	C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Vincent C Taormina	director	C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660