Clean Teq Water (Clean Teq Water) Days Payable : 61.81 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Clean Teq Water Days Payable?

Clean Teq Water's average Accounts Payable for the six months ended in Dec. 2023 was $1.22 Mil. Clean Teq Water's Cost of Goods Sold for the six months ended in Dec. 2023 was $3.60 Mil. Hence, Clean Teq Water's Days Payable for the six months ended in Dec. 2023 was 61.81.

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: 40.18 Max: 69.08
Current: 69.08

During the past 2 years, Clean Teq Water's highest Days Payable was 69.08. The lowest was 30.26. And the median was 40.18.

CNQQF's Days Payable is ranked better than
51% of 498 companies
in the Utilities - Regulated industry
Industry Median: 66.265 vs CNQQF: 69.08

Clean Teq Water's Days Payable increased from Dec. 2022 (56.36) to Dec. 2023 (61.81). It may suggest that Clean Teq Water delayed paying its suppliers.

Clean Teq Water Days Payable Historical Data

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.

* Premium members only.

Clean Teq Water Days Payable Chart

Clean Teq Water Annual Data

Trend

Jun22

Jun23

Days Payable

30.28

51.09

Clean Teq Water Semi-Annual Data
	Dec20	Jun22	Dec22	Jun23	Dec23
Days Payable	-	-	56.36	68.35	61.81

Competitive Comparison of Clean Teq Water's Days Payable

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's Days Payable Distribution in the 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.

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. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.642	+	0.856)	/	2 )	/	5.351	*	365
=	0.749					/	5.351	*	365
=	51.09

Clean Teq Water's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.856	+	1.582)	/	2 )	/	3.599	*	365 / 2
=	1.219					/	3.599	*	365 / 2
=	61.81

Clean Teq Water Days Payable Related Terms

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

Clean Teq Water (Clean Teq Water) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Clean Teq Water Ltd (OTCPK:CNQQF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

9NK:Germany CNQ:Australia

Address

21 Howleys Road, Unit 12, Notting Hill, VIC, AUS, 3168

Website

https://www.cleanteqwater.com

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.

Clean Teq Water (Clean Teq Water) Headlines

No Headlines