ECCI (Ecoloclean Industries) Days Payable: 1,606.33 (As of Jun. 2006)


What is Ecoloclean Industries Days Payable?

Ecoloclean Industries ECCI -90.00% Days Payable is 1,606.33 as of Jun. 2006.

Ecoloclean Industries's average Accounts Payable for the three months ended in Jun. 2006 was $1.44 Mil. Ecoloclean Industries's Cost of Goods Sold for the three months ended in Jun. 2006 was $0.08 Mil. Hence, Ecoloclean Industries's Days Payable for the three months ended in Jun. 2006 was 1,606.33.

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

ECCI's Days Payable is not ranked *
in the Waste Management industry.
Industry Median: 63.6
* Ranked among companies with meaningful Days Payable only.

Ecoloclean Industries's Days Payable declined from Jun. 2005 (34,066.67) to Jun. 2006 (1,606.33). It may suggest that Ecoloclean Industries accelerated paying its suppliers.

Ecoloclean Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Ecoloclean Industries'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.

Ecoloclean Industries Days Payable Chart

Ecoloclean Industries Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05
Days Payable
0.00 0.00 554.30 6,306.99 1,096.72

Ecoloclean Industries Quarterly Data
Dec01 Sep02 Dec02 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 34,066.67 2,190.00 437.76 1,495.93 1,606.33

ECCI vs ECEZ, AFBG, CESX: Days Payable Comparison

For the Waste Management subindustry, Ecoloclean Industries'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.

Ecoloclean Industries Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Ecoloclean Industries's Days Payable distribution charts can be found below:

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


Ecoloclean Industries 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.

Ecoloclean Industries's Days Payable for the fiscal year that ended in Dec. 2005 is calculated as

Days Payable (A: Dec. 2005 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2004 ) + Accounts Payable (A: Dec. 2005 )) / count ) / Cost of Goods Sold (A: Dec. 2005 )*Days in Period
=( (0.686 + 1.225) / 2 ) / 0.318*365
=0.9555 / 0.318*365
=1,096.72

Ecoloclean Industries's Days Payable for the quarter that ended in Jun. 2006 is calculated as:

Days Payable (Q: Jun. 2006 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2006 ) + Accounts Payable (Q: Jun. 2006 )) / count ) / Cost of Goods Sold (Q: Jun. 2006 )*Days in Period
=( (1.398 + 1.489) / 2 ) / 0.082*365 / 4
=1.4435 / 0.082*365 / 4
=1,606.33

* 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 1,606.33 mean?
Ecoloclean Industries (ECCI) has a Days Payable of 1,606.33 as of Jun. 2006. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ecoloclean Industries and its competitors.
Is Ecoloclean Industries' Days Payable too high?
Ecoloclean Industries' current Days Payable is 1,606.33. The Waste Management industry median Days Payable is 63.60. Ecoloclean Industries' value of 1,606.33 is 2425.7% above this industry median.
How does Ecoloclean Industries' Days Payable compare to ECEZ and AFBG?
Ecoloclean Industries' Days Payable of 1,606.33 can be compared against companies in the Waste Management industry. The industry median Days Payable is 63.60. Ecoloclean Industries' value of 1,606.33 is 2425.7% above 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 Waste Management company?
The median Days Payable among Waste Management companies is 63.60, based on 234 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. Ecoloclean Industries's current Days Payable of 1,606.33 is 2425.7% above 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 Ecoloclean Industries and its competitors. For the Waste Management industry, the median Days Payable is 63.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecoloclean Industries's current Days Payable is 1,606.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecoloclean Industries stock overvalued right now?
Ecoloclean Industries (ECCI) has a current Days Payable of 1,606.33. The current Days Payable is 1,606.33 and 2425.7% above the Waste Management industry median of 63.60. 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 Ecoloclean Industries (ECCI), the current Days Payable is 1,606.33 as of Jun. 2006. 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.

Ecoloclean Industries Business Description

Address 2242 South Highway 83, Crystal City, TX, USA, 78839
Ecoloclean Industries Inc is a manufacturer of water remediation products, used in industrial and municipal treatment plants and similar operations.