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Quest Resource Holding Days Payable

: 44.01 (As of Mar. 2022)
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Quest Resource Holding's average Accounts Payable for the three months ended in Mar. 2022 was $29.1 Mil. Quest Resource Holding's Cost of Goods Sold for the three months ended in Mar. 2022 was $60.3 Mil. Hence, Quest Resource Holding's Days Payable for the three months ended in Mar. 2022 was 44.01.

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

QRHC' s Days Payable Range Over the Past 10 Years
Min: 52.51   Med: 63.62   Max: 1852.38
Current: 52.51

During the past 13 years, Quest Resource Holding's highest Days Payable was 1852.38. The lowest was 52.51. And the median was 63.62.

QRHC's Days Payable is ranked worse than
61.17% of 206 companies
in the Waste Management industry
Industry Median: 76.05 vs QRHC: 52.51

Quest Resource Holding's Days Payable declined from Mar. 2021 (47.15) to Mar. 2022 (44.01). It may suggest that Quest Resource Holding accelerated paying its suppliers.


Quest Resource Holding Days Payable Historical Data

The historical data trend for Quest Resource Holding'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.

Quest Resource Holding Annual Data
Trend Jun12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.98 56.18 55.63 52.61 56.01

Quest Resource Holding Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.15 56.51 57.97 54.62 44.01

Competitive Comparison

For the Waste Management subindustry, Quest Resource Holding'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.

   

Quest Resource Holding Days Payable Distribution

For the Waste Management industry and Industrials sector, Quest Resource Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Quest Resource Holding's Days Payable falls into.



Quest Resource Holding 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.

Quest Resource Holding's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (12.512 + 26.435) / 2 ) / 126.894*365
=19.4735 / 126.894*365
=56.01

Quest Resource Holding's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

Days Payable (Q: Mar. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (26.435 + 31.7) / 2 ) / 60.274*365 / 4
=29.0675 / 60.274*365 / 4
=44.01

* 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.


Quest Resource Holding Days Payable Related Terms

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Quest Resource Holding Business Description

Quest Resource Holding logo
Traded in Other Exchanges
Address
3481 Plano Parkway, The Colony, TX, USA, 75056
Quest Resource Holding Corp is a national provider of waste and recycling services to customers from across multiple industry sectors that are typically larger, multi-location businesses. The company creates customer-specific programs and perform the related services for the collection, processing, recycling, disposal, and tracking of waste streams and recyclables. The company's services focus on the waste streams and recyclables from big box, grocers, and other specialty retailers; automotive after-market operations such as automotive maintenance, quick lube, dealerships, and collision repair; transportation, logistics, and fleet operators; manufacturing and industrial facilities; multi-family and commercial properties; restaurant chains and food operations.
Executives
Culpepper Glenn director 6363 S FIDDLER'S GREEN CIRCLE GREENWOOD VILLAGE CO 80111
Allred Alan D. officer: See Remarks C/O QUEST RESOURCE HOLDING CORPORATION 3481 PLANO PARKWAY THE COLONY TX 75056
Coskery Stephen officer: See Remarks C/O QUEST RESOURCE HOLDING CORPORATION 3481 PLANO PARKWAY THE COLONY TX 75056
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE SUITE 509 NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE STE 509 NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE STE 509 NEW YORK NY 10123
Landes Joshua 10 percent owner
Kitt Barry M 10 percent owner
Obus Nelson 10 percent owner
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE STE 509 NEW YORK NY 10123
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE SUITE 509 NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE SUITE 509 NEW YORK NY 10123
Wadecki Isabell Marie director
Knittel Russell J director C/O SYNAPTICS INCORP 1251 MCKAY DRIVE SAN JOSE CA 95131
Golden Michael F director 2100 ROOSEVELT AVENUE SPRINGFIELD MA 01104

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