COLDF (Cardno) Days Payable: 43.74 (As of Jun. 2024)


COLDF Cardno Ltd COLDF
12 GF Score
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What is Cardno Days Payable?

Cardno COLDF -14.95% 12 Days Payable is 43.74 as of Jun. 2024. GuruFocus rates COLDF with a GF Score™ of 12/100.

Cardno's average Accounts Payable for the six months ended in Jun. 2024 was $1.04 Mil. Cardno's Cost of Goods Sold for the six months ended in Jun. 2024 was $4.32 Mil. Hence, Cardno's Days Payable for the six months ended in Jun. 2024 was 43.74.

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

COLDF's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.78
* Ranked among companies with meaningful Days Payable only.

Cardno's Days Payable declined from Jun. 2023 (2,056.38) to Jun. 2024 (43.74). It may suggest that Cardno accelerated paying its suppliers.

Cardno Days Payable Historical Data

* Premium members only.

The historical data trend for Cardno'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.

Cardno Days Payable Chart

Cardno Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 175.55 139.99 2,545.28 590.20 172.59

Cardno Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.00 342.66 2,056.38 0.00 43.74

COLDF vs GRHI, CIPI, ENGC: Days Payable Comparison

For the Engineering & Construction subindustry, Cardno'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.

Cardno Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Cardno's Days Payable distribution charts can be found below:

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


COLDF
12GF Score
Cardno Ltd COLDF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cardno 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.

Cardno's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (1.687 + 0.717) / 2 ) / 2.542*365
=1.202 / 2.542*365
=172.59

Cardno's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (1.355 + 0.717) / 2 ) / 4.323*365 / 2
=1.036 / 4.323*365 / 2
=43.74

* 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 43.74 mean?
Cardno (COLDF) has a Days Payable of 43.74 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cardno and its competitors.
Is Cardno's Days Payable too high?
Cardno's current Days Payable is 43.74. The Construction industry median Days Payable is 76.78. Cardno's value of 43.74 is 43% below this industry median. Overall, Cardno has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Cardno's Days Payable compare to GRHI and CIPI?
Cardno's Days Payable of 43.74 can be compared against companies in the Construction industry. The industry median Days Payable is 76.78. Cardno's value of 43.74 is 43% below 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 Construction company?
The median Days Payable among Construction companies is 76.78, based on 1,715 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. Cardno's current Days Payable of 43.74 is 43% 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 Cardno and its competitors. For the Construction industry, the median Days Payable is 76.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cardno's current Days Payable is 43.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardno stock overvalued right now?
Cardno (COLDF) has a current Days Payable of 43.74. The current Days Payable is 43.74 and 43% below the Construction industry median of 76.78. Cardno's overall GF Score™ is 12/100. 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 Cardno (COLDF), the current Days Payable is 43.74 as of Jun. 2024. 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.

Cardno Business Description

Address 210 George Street, Level 8, Sydney, NSW, AUS, 2000
Cardno Ltd is an Australian infrastructure, environmental and social development company. The Company's business operating segments are Latin America which includes engineering consulting operations in Latin America and Other which includes Group Head Office. It generates maximum revenue from Latin America segment.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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