CRTG (The Coretec Group) Days Payable: 0.00 (As of Jun. 2024)

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What is The Coretec Group Days Payable?

The Coretec Group CRTG Days Payable is 0.00 as of Jun. 2024.

The Coretec Group's average Accounts Payable for the three months ended in Jun. 2024 was $0.00 Mil. The Coretec Group's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.00 Mil.

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

CRTG's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.89
* Ranked among companies with meaningful Days Payable only.

The Coretec Group's Days Payable stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00). stayed the same

The Coretec Group Days Payable Historical Data

* Premium members only.

The historical data trend for The Coretec Group'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.

The Coretec Group Days Payable Chart

The Coretec Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

The Coretec Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.00 0.00 0.00 0.00

CRTG vs ITOX, ANET, DELL: Days Payable Comparison

For the Computer Hardware subindustry, The Coretec Group'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.

The Coretec Group Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, The Coretec Group's Days Payable distribution charts can be found below:

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


The Coretec Group 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.

The Coretec Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

The Coretec Group'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: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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?
The Coretec Group (CRTG) has a Days Payable of 0.00 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 The Coretec Group and its competitors.
Is The Coretec Group's Days Payable too high?
The Coretec Group's current Days Payable is 0.00.
How does The Coretec Group's Days Payable compare to ITOX and ANET?
The Coretec Group's Days Payable of 0.00 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.89. 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,443 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 The Coretec Group and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Coretec Group'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 The Coretec Group stock overvalued right now?
The Coretec Group (CRTG) 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 The Coretec Group (CRTG), the current Days Payable is 0.00 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.

The Coretec Group Business Description

Address 333 Jackson Plaza, Suite 460, Ann Arbor, MI, USA, 48103
The Coretec Group Inc is a technology company. The company is currently developing, testing, and providing new and improved technologies, products, and service solutions for energy-related industries, including oil/gas, renewable energy, and distributed energy industries. Many of these technologies and products also have applications for medical, electronic, photonic, display, and lighting markets. The company's product portfolio includes Endurion, Coretec HexaSilane, CSpace, and other Technologies which are based on the production of silicon products.