CDTI (CDTi Advanced Materials) Days Payable: 121.39 (As of Sep. 2018)


What is CDTi Advanced Materials Days Payable?

CDTi Advanced Materials CDTI Days Payable is 121.39 as of Sep. 2018.

CDTi Advanced Materials's average Accounts Payable for the three months ended in Sep. 2018 was $1.49 Mil. CDTi Advanced Materials's Cost of Goods Sold for the three months ended in Sep. 2018 was $1.12 Mil. Hence, CDTi Advanced Materials's Days Payable for the three months ended in Sep. 2018 was 121.39.

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

CDTI's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 67.12
* Ranked among companies with meaningful Days Payable only.

CDTi Advanced Materials's Days Payable declined from Sep. 2017 (136.24) to Sep. 2018 (121.39). It may suggest that CDTi Advanced Materials accelerated paying its suppliers.

CDTi Advanced Materials Days Payable Historical Data

* Premium members only.

The historical data trend for CDTi Advanced Materials'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.

CDTi Advanced Materials Days Payable Chart

CDTi Advanced Materials Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.98 51.42 50.83 69.71 65.33

CDTi Advanced Materials Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 136.24 20.55 64.62 109.13 121.39

CDTI vs CSHEF, AMTY, OMTK: Days Payable Comparison

For the Auto Parts subindustry, CDTi Advanced Materials'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.

CDTi Advanced Materials Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, CDTi Advanced Materials's Days Payable distribution charts can be found below:

* The bar in red indicates where CDTi Advanced Materials's Days Payable falls into.


CDTi Advanced Materials 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.

CDTi Advanced Materials's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (5.979 + 2.059) / 2 ) / 22.455*365
=4.019 / 22.455*365
=65.33

CDTi Advanced Materials's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

Days Payable (Q: Sep. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (1.52 + 1.452) / 2 ) / 1.117*365 / 4
=1.486 / 1.117*365 / 4
=121.39

* 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 121.39 mean?
CDTi Advanced Materials (CDTI) has a Days Payable of 121.39 as of Sep. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CDTi Advanced Materials and its competitors.
Is CDTi Advanced Materials' Days Payable too high?
CDTi Advanced Materials' current Days Payable is 121.39. The Vehicles & Parts industry median Days Payable is 67.12. CDTi Advanced Materials' value of 121.39 is 80.9% above this industry median.
How does CDTi Advanced Materials' Days Payable compare to CSHEF and AMTY?
CDTi Advanced Materials' Days Payable of 121.39 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.12. CDTi Advanced Materials' value of 121.39 is 80.9% 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. CDTi Advanced Materials's current Days Payable of 121.39 is 80.9% 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 CDTi Advanced Materials and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDTi Advanced Materials's current Days Payable is 121.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDTi Advanced Materials stock overvalued right now?
CDTi Advanced Materials (CDTI) has a current Days Payable of 121.39. The current Days Payable is 121.39 and 80.9% above the Vehicles & Parts industry median of 67.12. 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 CDTi Advanced Materials (CDTI), the current Days Payable is 121.39 as of Sep. 2018. 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.

CDTi Advanced Materials Business Description

Address 1641 Fiske Place, Oxnard, CA, USA, 93033
CDTi Advanced Materials Inc is a catalyst and coating technology company. It provides catalyst and catalyst coating products and services to a broad array of end user markets. Its products are used by customers to reduce emissions, increase fuel efficiency and to support the development of decarbonization technologies. It is active in three main business areas Emission systems includes diesel particulate filters (DPF) and diesel oxidation catalysts, Fuel Borne Catalyst includes a range of fuel additive products for on and offroad vehicles and equipment powered by diesel engines. CDTi sells its FBC products to distributors both as CDTi branded products and as private label products.