CESX (CES Synergies) Days Payable: 91.35 (As of Mar. 2017)


What is CES Synergies Days Payable?

CES Synergies CESX Days Payable is 91.35 as of Mar. 2017.

CES Synergies's average Accounts Payable for the three months ended in Mar. 2017 was $2.35 Mil. CES Synergies's Cost of Goods Sold for the three months ended in Mar. 2017 was $2.35 Mil. Hence, CES Synergies's Days Payable for the three months ended in Mar. 2017 was 91.35.

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

CESX's Days Payable is not ranked *
in the Waste Management industry.
Industry Median: 63.69
* Ranked among companies with meaningful Days Payable only.

CES Synergies's Days Payable declined from Mar. 2016 (99.08) to Mar. 2017 (91.35). It may suggest that CES Synergies accelerated paying its suppliers.

CES Synergies Days Payable Historical Data

* Premium members only.

The historical data trend for CES Synergies'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.

CES Synergies Days Payable Chart

CES Synergies Annual Data
Trend Mar12 Mar13 Dec14 Dec15 Dec16
Days Payable
194.67 365.00 29.26 65.96 80.79

CES Synergies Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 99.08 80.99 70.91 81.53 91.35

CESX vs ALAN, BSHF, ECMT: Days Payable Comparison

For the Waste Management subindustry, CES Synergies'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.

CES Synergies Days Payable vs Waste Management Industry

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

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


CES Synergies 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.

CES Synergies's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (2.912 + 2.354) / 2 ) / 11.895*365
=2.633 / 11.895*365
=80.79

CES Synergies's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable (Q: Mar. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2016 ) + Accounts Payable (Q: Mar. 2017 )) / count ) / Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=( (2.354 + 2.349) / 2 ) / 2.349*365 / 4
=2.3515 / 2.349*365 / 4
=91.35

* 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 91.35 mean?
CES Synergies (CESX) has a Days Payable of 91.35 as of Mar. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CES Synergies and its competitors.
Is CES Synergies' Days Payable too high?
CES Synergies' current Days Payable is 91.35. The Waste Management industry median Days Payable is 63.69. CES Synergies' value of 91.35 is 43.4% above this industry median.
How does CES Synergies' Days Payable compare to ALAN and BSHF?
CES Synergies' Days Payable of 91.35 can be compared against companies in the Waste Management industry. The industry median Days Payable is 63.69. CES Synergies' value of 91.35 is 43.4% 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 Waste Management company?
The median Days Payable among Waste Management companies is 63.69, based on 233 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. CES Synergies's current Days Payable of 91.35 is 43.4% 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 CES Synergies and its competitors. For the Waste Management industry, the median Days Payable is 63.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CES Synergies's current Days Payable is 91.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CES Synergies stock overvalued right now?
CES Synergies (CESX) has a current Days Payable of 91.35. The current Days Payable is 91.35 and 43.4% above the Waste Management industry median of 63.69. 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 CES Synergies (CESX), the current Days Payable is 91.35 as of Mar. 2017. 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.

CES Synergies Business Description

Address 39646 Fig Street, P.O. Box 1299, Crystal Springs, NV, USA, 33524
CES Synergies Inc is a United States of America based company. It is engaged in providing services like asbestos and lead abatement, hazardous materials removal, mold remediation and prevention, indoor air quality and duct cleaning, interior selective demolition, underground storage tank removal, concrete crushing, and demolition and wrecking. The company operates in three business segments that are Remediation, Demolition, and Insulation. The Remediation and Demolition segment generates maximum revenue for the company.