LIQT (LiqTech International) Days Payable : 59.92 (As of Sep. 2024)

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What is LiqTech International Days Payable?

LiqTech International's average Accounts Payable for the three months ended in Sep. 2024 was $1.77 Mil. LiqTech International's Cost of Goods Sold for the three months ended in Sep. 2024 was $2.69 Mil. Hence, LiqTech International's Days Payable for the three months ended in Sep. 2024 was 59.92.

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

LIQT' s Days Payable Range Over the Past 10 Years
Min: 35.94 Med: 58.6 Max: 83.9
Current: 53.79

During the past 13 years, LiqTech International's highest Days Payable was 83.90. The lowest was 35.94. And the median was 58.60.

LIQT's Days Payable is ranked worse than
67.05% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs LIQT: 53.79

LiqTech International's Days Payable increased from Sep. 2023 (46.47) to Sep. 2024 (59.92). It may suggest that LiqTech International delayed paying its suppliers.

LiqTech International Days Payable Historical Data

The historical data trend for LiqTech International'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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LiqTech International Days Payable Chart

LiqTech International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.29

59.74

43.49

35.94

45.95

LiqTech International 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															46.47	58.38	53.04	48.16	59.92

Competitive Comparison of LiqTech International's Days Payable

For the Pollution & Treatment Controls subindustry, LiqTech International'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.

LiqTech International's Days Payable Distribution in the Industrial Products Industry

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

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

LiqTech International 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.

LiqTech International'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
=	( (1.389	+	2.445)	/	2 )	/	15.227	*	365
=	1.917					/	15.227	*	365
=	45.95

LiqTech International'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
=	( (1.814	+	1.716)	/	2 )	/	2.688	*	365 / 4
=	1.765					/	2.688	*	365 / 4
=	59.92

LiqTech International Days Payable Related Terms

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LiqTech International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LiqTech International Inc (NAS:LIQT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industriparken 22C, Ballerup, DNK, DK 2750

Website

https://www.liqtech.com

LiqTech International Inc is a clean technology company which provides technology for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company is engaged in three businesses that are diesel particulate filters (DPF) for the control of soot from diesel engines, turnkey ceramic membranes systems, and complete water treatment plants. The company's product portfolio consists of ceramic silicon membranes for liquid filtration, diesel particulate filters, and kiln furniture. Its operating segment includes Water, Ceramics, and Plastics.

Executives

Simon Seidelin Stadil	officer: Chief Financial Officer	INDUSTRIPARKEN 22C, BALLERUP G7 2750
Martin Kunz	director	INDUSTRIPARKEN 22C, BALLERUP G7 2750
Fei Chen	director, officer: Chief Executive Officer	STOLBERGSVEJ 23, HORSHOLM G7 2970
Richard A Meeusen	director	P O BOX 23099, MILWAUKEE WI 532230099
Peyton Boswell	director	805 THIRD AVE., 20TH FLOOR, NEW YORK NY 10022
Mark Vernon	director	200 SOUTH BISCAYNE BLVD, MIAMI FL 33131
Alexander J Buehler	director	C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Laurence W Lytton	10 percent owner	467 CENTRAL PARK WEST, NY NY 10025
Awm Investment Company, Inc.	10 percent owner	527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Claus Toftegaard	officer: Chief Financial Officer	INDUSTRIPARKEN 22C, BALLERUP G7 2750
Peter Leifland	director	VALEVAGEN 21,5-18264, DJURSHOLM V7 00000
Joel Gay	director	10264 NW 75TH TERRACE, DORAL FL 33178
Norman H Pessin	other: See Explanation of Responses	C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin	other: See Explanation of Responses	C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin	other: See Explanation of Responses	310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021