CLIRF (Clearford Water Systems) Days Payable: 0.00 (As of Sep. 2021)


What is Clearford Water Systems Days Payable?

Clearford Water Systems CLIRF Days Payable is 0.00 as of Sep. 2021.

Clearford Water Systems's average Accounts Payable for the three months ended in Sep. 2021 was $0.00 Mil. Clearford Water Systems's Cost of Goods Sold for the three months ended in Sep. 2021 was $2.58 Mil. Hence, Clearford Water Systems's Days Payable for the three months ended in Sep. 2021 was 0.00.

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

CLIRF's Days Payable is not ranked *
in the Waste Management industry.
Industry Median: 63.51
* Ranked among companies with meaningful Days Payable only.

Clearford Water Systems's Days Payable stayed the same from Sep. 2020 (0.00) to Sep. 2021 (0.00). stayed the same

Clearford Water Systems Days Payable Historical Data

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The historical data trend for Clearford Water Systems'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.

Clearford Water Systems Days Payable Chart

Clearford Water Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.67 157.42 101.96 75.59 88.08

Clearford Water Systems Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 78.34 76.05 0.00 0.00

CLIRF vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, Clearford Water Systems'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.

Clearford Water Systems Days Payable vs Waste Management Industry

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

* The bar in red indicates where Clearford Water Systems's Days Payable falls into.


Clearford Water Systems 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.

Clearford Water Systems's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (1.731 + 1.941) / 2 ) / 7.608*365
=1.836 / 7.608*365
=88.08

Clearford Water Systems's Days Payable for the quarter that ended in Sep. 2021 is calculated as:

Days Payable (Q: Sep. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2021 ) + Accounts Payable (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 2.578*365 / 4
=0 / 2.578*365 / 4
=0.00

* 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 0.00 mean?
Clearford Water Systems (CLIRF) has a Days Payable of 0.00 as of Sep. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Clearford Water Systems and its competitors.
Is Clearford Water Systems' Days Payable too high?
Clearford Water Systems' current Days Payable is 0.00.
How does Clearford Water Systems' Days Payable compare to WM and RSG?
Clearford Water Systems' Days Payable of 0.00 can be compared against companies in the Waste Management industry. The industry median Days Payable is 63.51. 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 63.51, 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. 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 Clearford Water Systems and its competitors. For the Waste Management industry, the median Days Payable is 63.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearford Water Systems's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearford Water Systems stock overvalued right now?
Clearford Water Systems (CLIRF) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Clearford Water Systems (CLIRF), the current Days Payable is 0.00 as of Sep. 2021. 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.

Clearford Water Systems Business Description

Address 515 Legget Drive, Suite 100, Ottawa, ON, CAN, K2K 3G4
Clearford Water Systems Inc provides unified water infrastructure solutions. The company is the developer of the Clearford One system, which is a combination of the company's ClearDigest Smart Digester, Small Bore Sewer (SBS) technology, a watertight small diameter wastewater collection system, SBS ClearConvey, and ClearRecover, a wastewater treatment facility-based on the processed influent. It operates through two segments namely Clearford One and UV Pure. The company generates revenue through a sale in various countries such as Canada, the United States of America, India, South America, and other countries. It derives maximum revenue from the Clearford One segment.