ASCK (Auscrete) Days Payable: 690.33 (As of Mar. 2023)


What is Auscrete Days Payable?

Auscrete ASCK -99.00% Days Payable is 690.33 as of Mar. 2023.

Auscrete's average Accounts Payable for the three months ended in Mar. 2023 was $0.17 Mil. Auscrete's Cost of Goods Sold for the three months ended in Mar. 2023 was $0.02 Mil. Hence, Auscrete's Days Payable for the three months ended in Mar. 2023 was 690.33.

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

ASCK's Days Payable is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 38.03
* Ranked among companies with meaningful Days Payable only.

Auscrete's Days Payable increased from Mar. 2022 (0.00) to Mar. 2023 (690.33). It may suggest that Auscrete delayed paying its suppliers.

Auscrete Days Payable Historical Data

* Premium members only.

The historical data trend for Auscrete'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.

Auscrete Days Payable Chart

Auscrete Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2,536.75 2,542.83 0.00

Auscrete Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Days Payable Get a 7-Day Free Trial 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 0.00 0.00 2,319.27 0.00 690.33

ASCK vs DHI, LEN, NVR: Days Payable Comparison

For the Residential Construction subindustry, Auscrete'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.

Auscrete Days Payable vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Auscrete's Days Payable distribution charts can be found below:

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


Auscrete 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.

Auscrete's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.121 + 0.168) / 2 ) / 0*365
=0.1445 / 0*365
=N/A

Auscrete's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (0.168 + 0.18) / 2 ) / 0.023*365 / 4
=0.174 / 0.023*365 / 4
=690.33

* 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 690.33 mean?
Auscrete (ASCK) has a Days Payable of 690.33 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Auscrete and its competitors.
Is Auscrete's Days Payable too high?
Auscrete's current Days Payable is 690.33. The Homebuilding & Construction industry median Days Payable is 38.03. Auscrete's value of 690.33 is 1715.2% above this industry median.
How does Auscrete's Days Payable compare to DHI and LEN?
Auscrete's Days Payable of 690.33 can be compared against companies in the Homebuilding & Construction industry. The industry median Days Payable is 38.03. Auscrete's value of 690.33 is 1715.2% 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 Homebuilding & Construction company?
The median Days Payable among Homebuilding & Construction companies is 38.03, based on 89 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. Auscrete's current Days Payable of 690.33 is 1715.2% 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 Auscrete and its competitors. For the Homebuilding & Construction industry, the median Days Payable is 38.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auscrete's current Days Payable is 690.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auscrete stock overvalued right now?
Auscrete (ASCK) has a current Days Payable of 690.33. The current Days Payable is 690.33 and 1715.2% above the Homebuilding & Construction industry median of 38.03. 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 Auscrete (ASCK), the current Days Payable is 690.33 as of Mar. 2023. 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.

Auscrete Business Description

Address 49 John Day Dam Road, Goldendale, WA, USA, 98920
Auscrete Corp is involved in technologies developed for the construction of housing. It focuses on operating as a supplier in the housing market. It utilizes its lightweight concrete technologies in the construction of housing, as well as commercial structures. Its product portfolio includes residential housing, commercial structures, and buildings in general. It specializes in concrete construction products such as cement and sand.