CEAD (CEA Industries) Days Payable : 25.28 (As of Dec. 2024)

View and export this data going back to 2011. Start your Free Trial

What is CEA Industries Days Payable?

CEA Industries's average Accounts Payable for the three months ended in Dec. 2024 was $0.16 Mil. CEA Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.59 Mil. Hence, CEA Industries's Days Payable for the three months ended in Dec. 2024 was 25.28.

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

CEAD' s Days Payable Range Over the Past 10 Years
Min: 14.16 Med: 51.11 Max: 99.28
Current: 29.27

During the past 13 years, CEA Industries's highest Days Payable was 99.28. The lowest was 14.16. And the median was 51.11.

CEAD's Days Payable is ranked worse than
94.23% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 67.64 vs CEAD: 29.27

CEA Industries's Days Payable declined from Dec. 2023 (29.48) to Dec. 2024 (25.28). It may suggest that CEA Industries accelerated paying its suppliers.

CEA Industries Days Payable Historical Data

The historical data trend for CEA Industries'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.

CEA Industries Days Payable Chart

CEA Industries Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

58.15

26.15

16.69

14.16

21.01

CEA Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															29.48	33.43	20.23	75.41	25.28

Competitive Comparison of CEA Industries's Days Payable

For the Farm & Heavy Construction Machinery subindustry, CEA Industries'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.

CEA Industries's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CEA Industries's Days Payable distribution charts can be found below:

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

Save Embed

;

Save Embed

;

CEA Industries 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.

CEA Industries's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0.183	+	0.165)	/	2 )	/	3.023	*	365
=	0.174					/	3.023	*	365
=	21.01

CEA Industries's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.163	+	0.165)	/	2 )	/	0.592	*	365 / 4
=	0.164					/	0.592	*	365 / 4
=	25.28

CEA Industries Days Payable Related Terms

Thank you for viewing the detailed overview of CEA Industries's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

CEA Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CEA Industries Inc (NAS:CEAD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

385 South Pierce Avenue, Suite C, Louisville, CO, USA, 80027

Website

https://www.ceaindustries.com

CEA Industries Inc through its subsidiary is focused on selling environmental control and other technologies and services to the Controlled Environment Agriculture ("CEA") industry. The company provides integrated mechanical, electrical, and plumbing ("MEP") engineering design, proprietary and curated environmental control equipment, and automation offerings that serve the CEA industry. The Company has one operating segment that is dedicated to the manufacture and sale of its products.

Executives

Anthony K Mcdonald	director	11934 W. 75TH PLACE, ARVADA CO 80005
Ian Kiran Patel	officer: CFO, Treasurer & Secretary	41 ONEIDA COURT, DENVER CO 80230
Troy Lee Reisner	director	8374 RAPHAEL LANE, LITTLETON CO 80125
Marion Mariathasan	director	2373 S OLIVE ST, DENVER CO 80224
Brian Knaley	officer: CFO/Treasurer	C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD., DELAND FL 32724
Nicholas J. Etten	director	874, VALLEY ROAD, GLENCOE IL 60022
James Randall Shipley	director	530 NORTH LAKESHORE DR #1208, CHICAGO IL 60611
Mark E. Smiens	officer: CFO/Treasurer	2819 IRONWOOD CIRCLE, ERIE CO 80516
Chris Bechtel	director	31 CAPE HARBOUR PLACE, THE WOODLANDS TX 77380
Aaron Trent Doucet	officer: Chief Operating Officer	3301 ARAPAHOE, APT 404, BOULDER CO 80303
Paul C Kelly	other: Former CFO/Treasurer	10401 OWENS CIRCLE, WESTMINSTER CO 80021
Morgan Paxhia	other: Former Director	130 FREDERICK STREET, #102, SAN FRANCISCO CA 94117
Taylor Simonton	director	5170 SOUTH HANOVER WAY, ENGLEWOOD CO 80111-6239
Brandy Marie Keen	10 percent owner	840 TURPIN WAY, ERIE CO 80516
Timothy J Keating	director	8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111