Fuel Tech (FRA:FUE1) Days Payable : 66.48 (As of Mar. 2024)

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

What is Fuel Tech Days Payable?

Fuel Tech's average Accounts Payable for the three months ended in Mar. 2024 was €1.96 Mil. Fuel Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was €2.69 Mil. Hence, Fuel Tech's Days Payable for the three months ended in Mar. 2024 was 66.48.

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

FRA:FUE1' s Days Payable Range Over the Past 10 Years
Min: 50.95 Med: 70.07 Max: 107.96
Current: 73.12

During the past 13 years, Fuel Tech's highest Days Payable was 107.96. The lowest was 50.95. And the median was 70.07.

FRA:FUE1's Days Payable is ranked worse than
52.79% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs FRA:FUE1: 73.12

Fuel Tech's Days Payable increased from Mar. 2023 (65.05) to Mar. 2024 (66.48). It may suggest that Fuel Tech delayed paying its suppliers.

Fuel Tech Days Payable Historical Data

The historical data trend for Fuel Tech'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.

Fuel Tech Days Payable Chart

Fuel Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

105.90

71.55

55.30

49.78

61.65

Fuel Tech Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															65.05	89.41	61.75	78.78	66.48

Competitive Comparison of Fuel Tech's Days Payable

For the Pollution & Treatment Controls subindustry, Fuel Tech'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.

Fuel Tech's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fuel Tech's Days Payable distribution charts can be found below:

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

Fuel Tech 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.

Fuel Tech'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
=	( (2.558	+	2.22)	/	2 )	/	14.144	*	365
=	2.389					/	14.144	*	365
=	61.65

Fuel Tech's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (2.22	+	1.704)	/	2 )	/	2.693	*	365 / 4
=	1.962					/	2.693	*	365 / 4
=	66.48

Fuel Tech Days Payable Related Terms

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

Fuel Tech (FRA:FUE1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fuel Tech Inc (FRA:FUE1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FTEK:USA

Address

27601 Bella Vista Parkway, Warrenville, IL, USA, 60555-1617

Website

http://www.ftek.com

Fuel Tech Inc is an technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. TheFuel Chem technology segment uses chemical processes in combination with advanced Computational Fluid Dynamics and Chemical Kinetics Modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.

Fuel Tech (FRA:FUE1) Headlines

No Headlines