CTXXF (Cematrix) Days Payable : 18.79 (As of Sep. 2024)

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What is Cematrix Days Payable?

Cematrix's average Accounts Payable for the three months ended in Sep. 2024 was $1.12 Mil. Cematrix's Cost of Goods Sold for the three months ended in Sep. 2024 was $5.43 Mil. Hence, Cematrix's Days Payable for the three months ended in Sep. 2024 was 18.79.

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

CTXXF' s Days Payable Range Over the Past 10 Years
Min: 15.66 Med: 36.14 Max: 55.28
Current: 32.76

During the past 13 years, Cematrix's highest Days Payable was 55.28. The lowest was 15.66. And the median was 36.14.

CTXXF's Days Payable is ranked worse than
83.25% of 382 companies
in the Building Materials industry
Industry Median: 72.48 vs CTXXF: 32.76

Cematrix's Days Payable declined from Sep. 2023 (22.99) to Sep. 2024 (18.79). It may suggest that Cematrix accelerated paying its suppliers.

Cematrix Days Payable Historical Data

The historical data trend for Cematrix'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.

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Cematrix Days Payable Chart

Cematrix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.57

23.94

33.93

47.36

38.25

Cematrix Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															22.99	35.39	38.41	16.02	18.79

Competitive Comparison of Cematrix's Days Payable

For the Building Materials subindustry, Cematrix'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.

Cematrix's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cematrix's Days Payable distribution charts can be found below:

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

Cematrix 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.

Cematrix'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
=	( (3.248	+	3.222)	/	2 )	/	30.871	*	365
=	3.235					/	30.871	*	365
=	38.25

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

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.929	+	1.305)	/	2 )	/	5.425	*	365 / 4
=	1.117					/	5.425	*	365 / 4
=	18.79

Cematrix Days Payable Related Terms

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Cematrix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cematrix Corp (OTCPK:CTXXF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CEMX:Canada

Address

9727 - 40 Street SE, Calgary, AB, CAN, T2C 2P4

Website

http://www.cematrix.com

Cematrix Corp manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. This unique cement-based material with superior thermal protection delivers cost-effective, innovative solutions to a broad range of problems facing the infrastructure, industrial (including oil and gas), and commercial markets. The company is North America's Cellular Concrete company and recently acquired Chicago-based MixOnSite and Bellingham-based Pacific International Grout.