Global Water Resources (Global Water Resources) Days Payable : 24.75 (As of Dec. 2023)

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What is Global Water Resources Days Payable?

Global Water Resources's average Accounts Payable for the three months ended in Dec. 2023 was $0.84 Mil. Global Water Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was $3.11 Mil. Hence, Global Water Resources's Days Payable for the three months ended in Dec. 2023 was 24.75.

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

GWRS' s Days Payable Range Over the Past 10 Years
Min: 20.51 Med: 49.02 Max: 71.95
Current: 34.16

During the past 10 years, Global Water Resources's highest Days Payable was 71.95. The lowest was 20.51. And the median was 49.02.

GWRS's Days Payable is ranked worse than
81.01% of 495 companies
in the Utilities - Regulated industry
Industry Median: 67.1 vs GWRS: 34.16

Global Water Resources's Days Payable declined from Dec. 2022 (108.00) to Dec. 2023 (24.75). It may suggest that Global Water Resources accelerated paying its suppliers.

Global Water Resources Days Payable Historical Data

The historical data trend for Global Water Resources'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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Global Water Resources Days Payable Chart

Global Water Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.67

29.14

46.98

71.95

46.10

Global Water Resources 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															108.00	63.19	29.66	13.22	24.75

Competitive Comparison of Global Water Resources's Days Payable

For the Utilities - Regulated Water subindustry, Global Water Resources'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.

Global Water Resources's Days Payable Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Global Water Resources's Days Payable falls into.

Global Water Resources 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.

Global Water Resources'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
=	( (2.173	+	1.027)	/	2 )	/	12.669	*	365
=	1.6					/	12.669	*	365
=	46.10

Global Water Resources'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
=	( (0.661	+	1.027)	/	2 )	/	3.112	*	365 / 4
=	0.844					/	3.112	*	365 / 4
=	24.75

Global Water Resources Days Payable Related Terms

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Global Water Resources (Global Water Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Global Water Resources Inc (NAS:GWRS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

21410 N. 19th Avenue, Suite 220, Phoenix, AZ, USA, 85027

Website

https://www.gwresources.com

Global Water Resources Inc operates as a water resource management company that owns, operates, and manages water, wastewater, and recycled water utilities in strategically located communities, principally in metropolitan Phoenix, Arizona. It operate within the State of Arizona.

Executives

Andrew M. Cohn	director	C/O GARY GOTTO, KELLER ROHRBACK LLP, 3101 NORTH CENTRAL AVENUE, #1400, PHOENIX AZ 85012
Suzanne Michelle Kitts	officer: Vice President and Controller	C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVE, SUITE 220, PHOENIX AZ 85027
William S Levine	director, 10 percent owner	GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE #220, PHOENIX AZ 85027
Jonathan L Levine	director	21410 N. 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Debra Coy	director	2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Christopher D Krygier	officer: Chief Strategy Officer	C/O GLOBAL WATER RESOURCES, INC., 21410 N. 19TH AVE, SUITE 220, PHOENIX AZ 85027
Brett Huckelbridge	director	C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
John Carroll Lenderking	officer: VP, Water Resources	C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Heather M Krupa	officer: Vice President and Controller	C/O GLOBAL WATER RESOURCES, INC.,, 21410 N. 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Cindy M Bowers	director	21410 N 19TH AVENUE #220, PHOENIX AZ 85027
David Rousseau	director	C/O GLOBAL WATER RESOURCES, 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Jason Thuneman	officer: Vice President	C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Trevor T Hill	director, 10 percent owner	21410 N 19TH AVENUE #220, PHOENIX AZ 85027
Michael J Liebman	officer: See Remarks	C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Jonathan C. Corwin	officer: Vice President	C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027