AEFI (American EcoFuels) Days Payable: 644.58 (As of Sep. 2022)


What is American EcoFuels Days Payable?

American EcoFuels AEFI -10.00% Days Payable is 644.58 as of Sep. 2022.

American EcoFuels's average Accounts Payable for the three months ended in Sep. 2022 was $0.94 Mil. American EcoFuels's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.13 Mil. Hence, American EcoFuels's Days Payable for the three months ended in Sep. 2022 was 644.58.

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

AEFI's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 46.92
* Ranked among companies with meaningful Days Payable only.

American EcoFuels's Days Payable increased from Sep. 2021 (0.00) to Sep. 2022 (644.58). It may suggest that American EcoFuels delayed paying its suppliers.

American EcoFuels Days Payable Historical Data

* Premium members only.

The historical data trend for American EcoFuels'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.

American EcoFuels Days Payable Chart

American EcoFuels Annual Data
Trend Dec20 Dec21
Days Payable
0.00 1,965.38

American EcoFuels Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1,249.42 359.26 273.59 644.58

AEFI vs MJARF, CSUI, GCAN: Days Payable Comparison

For the Specialty Business Services subindustry, American EcoFuels'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.

American EcoFuels Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, American EcoFuels's Days Payable distribution charts can be found below:

* The bar in red indicates where American EcoFuels's Days Payable falls into.


American EcoFuels 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.

American EcoFuels'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
=( (0.224 + 0.336) / 2 ) / 0.052*365
=0.28 / 0.052*365
=1,965.38

American EcoFuels's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0.943 + 0.936) / 2 ) / 0.133*365 / 4
=0.9395 / 0.133*365 / 4
=644.58

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 644.58 mean?
American EcoFuels (AEFI) has a Days Payable of 644.58 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on American EcoFuels and its competitors.
Is American EcoFuels' Days Payable too high?
American EcoFuels' current Days Payable is 644.58. The Business Services industry median Days Payable is 46.92. American EcoFuels' value of 644.58 is 1273.8% above this industry median.
How does American EcoFuels' Days Payable compare to MJARF and CSUI?
American EcoFuels' Days Payable of 644.58 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. American EcoFuels' value of 644.58 is 1273.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American EcoFuels's current Days Payable of 644.58 is 1273.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on American EcoFuels and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American EcoFuels's current Days Payable is 644.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American EcoFuels stock overvalued right now?
American EcoFuels (AEFI) has a current Days Payable of 644.58. The current Days Payable is 644.58 and 1273.8% above the Business Services industry median of 46.92. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For American EcoFuels (AEFI), the current Days Payable is 644.58 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American EcoFuels Business Description

Address 401 N Carroll Avenue, Suite 192, Southlake, TX, USA, 76092
American EcoFuels Inc is a public company focused on advancing the commercialization of gas-to-liquids (GTL), coal-to-liquids (CTL), and other synthetic fuel technologies designed to support energy and aviation fuel demand. Its activities include developing synthetic fuel production systems designed to convert natural gas, coal, and other feedstocks into sustainable aviation fuel (SAF) and related fuel products.