OPAL (OPAL Fuels) Days Payable : 25.73 (As of Dec. 2024)

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What is OPAL Fuels Days Payable?

OPAL Fuels's average Accounts Payable for the three months ended in Dec. 2024 was $14.8 Mil. OPAL Fuels's Cost of Goods Sold for the three months ended in Dec. 2024 was $52.4 Mil. Hence, OPAL Fuels's Days Payable for the three months ended in Dec. 2024 was 25.73.

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

OPAL' s Days Payable Range Over the Past 10 Years
Min: 24.21 Med: 33.89 Max: 41.54
Current: 24.21

During the past 6 years, OPAL Fuels's highest Days Payable was 41.54. The lowest was 24.21. And the median was 33.89.

OPAL's Days Payable is ranked worse than
89.24% of 474 companies
in the Utilities - Regulated industry
Industry Median: 67.355 vs OPAL: 24.21

OPAL Fuels's Days Payable increased from Dec. 2023 (21.46) to Dec. 2024 (25.73). It may suggest that OPAL Fuels delayed paying its suppliers.

OPAL Fuels Days Payable Historical Data

The historical data trend for OPAL Fuels'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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OPAL Fuels Days Payable Chart

OPAL Fuels Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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41.54

36.23

33.89

31.31

27.69

OPAL Fuels Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial													21.46	23.34	21.40	23.29	25.73

Competitive Comparison of OPAL Fuels's Days Payable

For the Utilities - Regulated Gas subindustry, OPAL Fuels'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.

OPAL Fuels's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, OPAL Fuels's Days Payable distribution charts can be found below:

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

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OPAL Fuels 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.

OPAL Fuels's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (13.901	+	16.419)	/	2 )	/	199.851	*	365
=	15.16					/	199.851	*	365
=	27.69

OPAL Fuels's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (13.126	+	16.419)	/	2 )	/	52.394	*	365 / 4
=	14.7725					/	52.394	*	365 / 4
=	25.73

OPAL Fuels Days Payable Related Terms

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OPAL Fuels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » OPAL Fuels Inc (NAS:OPAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

One North Lexington Avenue, Suite 1450, White Plains, NY, USA, 10601

Website

https://www.opalfuels.com

OPAL Fuels Inc is a fully integrated, nationwide leader in the production and distribution of low-carbon intensity renewable natural gas. The company is also engaged in the marketing and distribution of RNG to heavy-duty trucking and other hard-to-de-carbonize industrial sectors. The company designs, develops, constructs, operates, and services Fueling Stations for trucking fleets across the country that use natural gas to displace diesel as their transportation fuel. The company derives revenue from the sale of Renewable Power, design, development, construction, and service of Fueling Stations, and sales of RNG produced by OPAL and third parties as pipeline-quality natural gas.