Southwest Iowa Renewable Energy LLC (Southwest Iowa Renewable Energy LLC) Days Payable : 14.46 (As of Mar. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Southwest Iowa Renewable Energy LLC Days Payable?

Southwest Iowa Renewable Energy LLC's average Accounts Payable for the three months ended in Mar. 2023 was $15.52 Mil. Southwest Iowa Renewable Energy LLC's Cost of Goods Sold for the three months ended in Mar. 2023 was $97.95 Mil. Hence, Southwest Iowa Renewable Energy LLC's Days Payable for the three months ended in Mar. 2023 was 14.46.

The historical rank and industry rank for Southwest Iowa Renewable Energy LLC's Days Payable or its related term are showing as below:

SWIOU's Days Payable is not ranked ^*
in the Chemicals industry.
Industry Median: 61
* Ranked among companies with meaningful Days Payable only.

Southwest Iowa Renewable Energy LLC's Days Payable increased from Mar. 2022 (12.01) to Mar. 2023 (14.46). It may suggest that Southwest Iowa Renewable Energy LLC delayed paying its suppliers.

Southwest Iowa Renewable Energy LLC Days Payable Historical Data

The historical data trend for Southwest Iowa Renewable Energy LLC'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.

Southwest Iowa Renewable Energy LLC Days Payable Chart

Southwest Iowa Renewable Energy LLC Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Payable

Get a 7-Day Free Trial

5.83

6.13

6.96

6.92

10.13

Southwest Iowa Renewable Energy LLC Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Payable	Get a 7-Day Free Trial															12.01	5.04	7.83	19.10	14.46

Competitive Comparison of Southwest Iowa Renewable Energy LLC's Days Payable

For the Specialty Chemicals subindustry, Southwest Iowa Renewable Energy LLC'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.

Southwest Iowa Renewable Energy LLC's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Southwest Iowa Renewable Energy LLC's Days Payable distribution charts can be found below:

* The bar in red indicates where Southwest Iowa Renewable Energy LLC's Days Payable falls into.

Southwest Iowa Renewable Energy LLC 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.

Southwest Iowa Renewable Energy LLC's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

	Days Payable (A: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2021 )	+	Accounts Payable (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (7.695	+	10.42)	/	2 )	/	326.358	*	365
=	9.0575					/	326.358	*	365
=	10.13

Southwest Iowa Renewable Energy LLC's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (28.281	+	2.761)	/	2 )	/	97.953	*	365 / 4
=	15.521					/	97.953	*	365 / 4
=	14.46

Southwest Iowa Renewable Energy LLC Days Payable Related Terms

Thank you for viewing the detailed overview of Southwest Iowa Renewable Energy LLC's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Southwest Iowa Renewable Energy LLC (Southwest Iowa Renewable Energy LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Southwest Iowa Renewable Energy LLC (GREY:SWIOU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10868 189th Street, Council Bluffs, IA, USA, 51503

Website

http://www.sireethanol.com

Southwest Iowa Renewable Energy LLC is into manufacturing and selling ethanol, distillers grains, corn oil, and carbon dioxide in the continental United States. It also sells dried distillers grains with solubles in the continental United States, Mexico, and the Pacific Rim. Its products are marketed and distributed through professional third-party marketers.

Southwest Iowa Renewable Energy LLC (Southwest Iowa Renewable Energy LLC) Headlines

No Headlines