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BLMWF (BluMetric Environmental) Days Payable : 35.24 (As of Jun. 2024)


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What is BluMetric Environmental Days Payable?

BluMetric Environmental's average Accounts Payable for the three months ended in Jun. 2024 was $1.29 Mil. BluMetric Environmental's Cost of Goods Sold for the three months ended in Jun. 2024 was $3.33 Mil. Hence, BluMetric Environmental's Days Payable for the three months ended in Jun. 2024 was 35.24.

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

BLMWF' s Days Payable Range Over the Past 10 Years
Min: 31.34   Med: 41.32   Max: 56.85
Current: 33.7

During the past 13 years, BluMetric Environmental's highest Days Payable was 56.85. The lowest was 31.34. And the median was 41.32.

BLMWF's Days Payable is ranked worse than
75% of 232 companies
in the Waste Management industry
Industry Median: 72.015 vs BLMWF: 33.70

BluMetric Environmental's Days Payable declined from Jun. 2023 (36.89) to Jun. 2024 (35.24). It may suggest that BluMetric Environmental accelerated paying its suppliers.


BluMetric Environmental Days Payable Historical Data

The historical data trend for BluMetric Environmental'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.

BluMetric Environmental Days Payable Chart

BluMetric Environmental Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.64 40.80 39.16 38.62 44.20

BluMetric Environmental Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 36.89 21.39 55.06 50.22 35.24

Competitive Comparison of BluMetric Environmental's Days Payable

For the Waste Management subindustry, BluMetric Environmental'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.


BluMetric Environmental's Days Payable Distribution in the Waste Management Industry

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

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



BluMetric Environmental 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.

BluMetric Environmental's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (2.502 + 2.42) / 2 ) / 20.322*365
=2.461 / 20.322*365
=44.20

BluMetric Environmental's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (1.285 + 1.288) / 2 ) / 3.331*365 / 4
=1.2865 / 3.331*365 / 4
=35.24

* 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.


BluMetric Environmental Days Payable Related Terms

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BluMetric Environmental Business Description

Traded in Other Exchanges
Address
1682 Woodward Drive, Ottawa, ON, CAN, K2C 3R8
BluMetric Environmental Inc is an integrated product and service organization. It principally provides sustainable solutions for complex environmental issues. It serves clients in many industrial sectors, and at all levels of government, both domestically and internationally. The organization offers services and solutions such as environmental earth sciences and engineering; contaminated site remediation; water resource management; industrial hygiene; occupational health and safety; and water and wastewater design-build and pre-engineered solutions. It operates in Canada and internationally, of which the majority of the revenue is derived from the operations in Canada.