Badger Infrastructure Solutions (TSX:BDGI) Days Payable : 36.59 (As of Mar. 2024)

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What is Badger Infrastructure Solutions Days Payable?

Badger Infrastructure Solutions's average Accounts Payable for the three months ended in Mar. 2024 was C$66.0 Mil. Badger Infrastructure Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was C$164.5 Mil. Hence, Badger Infrastructure Solutions's Days Payable for the three months ended in Mar. 2024 was 36.59.

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

TSX:BDGI' s Days Payable Range Over the Past 10 Years
Min: 15.54 Med: 20.66 Max: 47.8
Current: 47.8

During the past 13 years, Badger Infrastructure Solutions's highest Days Payable was 47.80. The lowest was 15.54. And the median was 20.66.

TSX:BDGI's Days Payable is ranked worse than
72.67% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs TSX:BDGI: 47.80

Badger Infrastructure Solutions's Days Payable increased from Mar. 2023 (35.28) to Mar. 2024 (36.59). It may suggest that Badger Infrastructure Solutions delayed paying its suppliers.

Badger Infrastructure Solutions Days Payable Historical Data

The historical data trend for Badger Infrastructure Solutions'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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Badger Infrastructure Solutions Days Payable Chart

Badger Infrastructure Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.19

36.68

46.15

30.47

20.12

Badger Infrastructure Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															35.28	54.80	57.91	41.79	36.59

Competitive Comparison of Badger Infrastructure Solutions's Days Payable

For the Engineering & Construction subindustry, Badger Infrastructure Solutions'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.

Badger Infrastructure Solutions's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Badger Infrastructure Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Badger Infrastructure Solutions's Days Payable falls into.

Badger Infrastructure Solutions 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.

Badger Infrastructure Solutions'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
=	( (33.088	+	39.8)	/	2 )	/	661.015	*	365
=	36.444					/	661.015	*	365
=	20.12

Badger Infrastructure Solutions's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (39.8	+	92.141)	/	2 )	/	164.508	*	365 / 4
=	65.9705					/	164.508	*	365 / 4
=	36.59

Badger Infrastructure Solutions Days Payable Related Terms

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Badger Infrastructure Solutions (TSX:BDGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Badger Infrastructure Solutions Ltd (TSX:BDGI) » Definitions » Days Payable

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BADFF:USA

Address

911 - 11th Avenue SW, Suite 400, ATCO Building ll, 4th Floor, Calgary, AB, CAN, T2R 1P3

Website

https://www.badgerinc.com

Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes. Badger's two reportable segments are Canada and the United States.

Executives

Stephen James Jones	Director
Joseph Patrick Wieneke	Senior Officer

Badger Infrastructure Solutions (TSX:BDGI) Headlines

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