CNQQF (Clean Teq Water) Days Payable: 56.86 (As of Jun. 2026) — Near Median

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CNQQF Clean Teq Water Ltd CNQQF
35 GF Score
Price $0.32
GF Value $0.28
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Clean Teq Water Days Payable?

Clean Teq Water CNQQF 35 Days Payable is 56.86 as of Jun. 2026, which is 4% above its 10-year median of 54.57. GuruFocus rates CNQQF with a GF Score™ of 35/100 and a GF Value™ of $0.28 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 479 Utilities - Regulated companies, Clean Teq Water ranks better than 60.13% on this metric.

Clean Teq Water's average Accounts Payable for the six months ended in Jun. 2026 was $2.27 Mil. Clean Teq Water's Cost of Goods Sold for the six months ended in Jun. 2026 was $7.28 Mil. Hence, Clean Teq Water's Days Payable for the six months ended in Jun. 2026 was 56.86.

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

CNQQF' s Days Payable Range Over the Past 10 Years
Min: 30.26   Med: 54.57   Max: 123.46
Current: 85.49

During the past 5 years, Clean Teq Water's highest Days Payable was 123.46. The lowest was 30.26. And the median was 54.57.

CNQQF's Days Payable is ranked better than
60.13% of 479 companies
in the Utilities - Regulated industry
Industry Median: 69.82 vs CNQQF: 85.49

Clean Teq Water's Days Payable declined from Jun. 2025 (83.17) to Jun. 2026 (56.86). It may suggest that Clean Teq Water accelerated paying its suppliers.


Clean Teq Water Days Payable Historical Data

* Premium members only.

The historical data trend for Clean Teq Water'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.

Clean Teq Water Days Payable Chart

Clean Teq Water Annual Data
Trend Jun22 Jun23 Jun24 Jun25 Jun26
Days Payable
16.52 28.40 32.77 68.32 55.58

Clean Teq Water Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only 54.88 71.45 83.17 64.83 56.86

CNQQF vs AWK, WTRG, AWR: Days Payable Comparison

For the Utilities - Regulated Water subindustry, Clean Teq Water'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.


Clean Teq Water Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Clean Teq Water's Days Payable distribution charts can be found below:

* The bar in red indicates where Clean Teq Water's Days Payable falls into.


CNQQF
35GF Score
Clean Teq Water Ltd CNQQF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Clean Teq Water 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.

Clean Teq Water's Days Payable for the fiscal year that ended in Jun. 2026 is calculated as

Days Payable (A: Jun. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2025 ) + Accounts Payable (A: Jun. 2026 )) / count ) / Cost of Goods Sold (A: Jun. 2026 )*Days in Period
=( (1.92523414665 + 1.8050162704) / 2 ) / 12.249427833225*365
=1.865125208525 / 12.249427833225*365
=55.58

Clean Teq Water's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1.365935529 + 3.1676367872) / 2 ) / 7.2754345189772*365 / 2
=2.2667861581 / 7.2754345189772*365 / 2
=56.86

* 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 56.86 mean?
Clean Teq Water (CNQQF) has a Days Payable of 56.86 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Clean Teq Water and its competitors. This is near median its historical median of 54.57. Over the past decade, Clean Teq Water's Days Payable has ranged from 30.26 to 123.46. According to the industry distribution chart, Clean Teq Water ranks #191 out of 479 companies in the Utilities - Regulated industry, placing it in the top 39.9%.
Is Clean Teq Water's Days Payable too high?
Clean Teq Water's current Days Payable of 56.86 is near median its 10-year median of 54.57. Over the past 10 years, this metric has ranged from a low of 30.26 to a high of 123.46. The Utilities - Regulated industry median Days Payable is 69.82. Clean Teq Water's value of 56.86 is 18.6% below this industry median. Based on the distribution chart, Clean Teq Water ranks #191 out of 479 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Clean Teq Water has a GF Score™ of 35/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clean Teq Water's Days Payable compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Clean Teq Water ranks #191 out of 479 companies for Days Payable. This puts Clean Teq Water in the upper half of its industry. The industry median Days Payable is 69.82. Clean Teq Water's value of 56.86 is 18.6% below this benchmark. Historically, Clean Teq Water's own Days Payable has ranged from 30.26 to 123.46 over the past decade. While the company's 10-year median is 54.57 vs. the industry median of 69.82, Clean Teq Water has consistently been below the industry average. 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 69.82, based on 479 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. Clean Teq Water's current Days Payable of 56.86 is 18.6% below 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 Clean Teq Water and its competitors. For the Utilities - Regulated industry, the median Days Payable is 69.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Teq Water's current Days Payable is 56.86, which is near median its own 10-year median of 54.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Teq Water stock overvalued right now?
Based on GuruFocus' analysis, Clean Teq Water (CNQQF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.28, compared to a current price of $0.32 — trading 14.3% above its estimated fair value. The current Days Payable is 56.86, which is near median its 10-year median of 54.57 and 18.6% below the Utilities - Regulated industry median of 69.82. Clean Teq Water's overall GF Score™ is 35/100 with 4 warning signs to review. 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 Clean Teq Water (CNQQF), the current Days Payable is 56.86 as of Jun. 2026. 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.

Is Clean Teq Water (CNQQF) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Teq Water stock appears to be overvalued. The current stock price of $0.32 is trading 14.3% above its estimated GF Value™ of $0.28. GuruFocus considers Clean Teq Water to be Modestly Overvalued.

Key valuation signals for CNQQF:

  • Days Payable: 56.86 (near median its 10-year median of 54.57)
  • GF Value™: $0.28 vs. price of $0.32 (14.3% above fair value)
  • GF Score™: 35/100 with 4 warning signs
  • Industry Position: 18.6% below the Utilities - Regulated median (#191 of 479)

No single metric tells the full story. See the CNQQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clean Teq Water Business Description

Other Exchanges 9NK:GermanyCNQ:Australia
Address 1/40 Ricketts Roa, Mount Waverley, VIC, AUS, 3149
Clean Teq Water Ltd provides inventive metals recovery and water treatment solutions for governments and companies. Its technology solutions include desalination, nutrient removal, zero liquid discharge and hardness removal. It focuses on sectors such as municipal wastewater, surface water, industrial wastewater and mining process water. The company has offices and laboratories in Melbourne, Perth, Beijing and Tianjin, and partner offices in Africa and Latin America.
35GF Score

Get the complete analysis for CNQQF

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.32
Price
$0.28
GF Value