TESI (Titan Environmental Solutions) Days Payable: 317.82 (As of Mar. 2025)


What is Titan Environmental Solutions Days Payable?

Titan Environmental Solutions TESI Days Payable is 317.82 as of Mar. 2025.

Titan Environmental Solutions's average Accounts Payable for the three months ended in Mar. 2025 was $6.75 Mil. Titan Environmental Solutions's Cost of Goods Sold for the three months ended in Mar. 2025 was $1.94 Mil. Hence, Titan Environmental Solutions's Days Payable for the three months ended in Mar. 2025 was 317.82.

The historical rank and industry rank for Titan Environmental Solutions's Days Payable or its related term are showing as below:

TESI's Days Payable is not ranked *
in the Waste Management industry.
Industry Median: 63.69
* Ranked among companies with meaningful Days Payable only.

Titan Environmental Solutions's Days Payable increased from Mar. 2024 (224.49) to Mar. 2025 (317.82). It may suggest that Titan Environmental Solutions delayed paying its suppliers.

Titan Environmental Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for Titan Environmental Solutions'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.

Titan Environmental Solutions Days Payable Chart

Titan Environmental Solutions Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 683.29 0.00 116.66 108.86 192.75

Titan Environmental Solutions Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 224.49 230.82 179.06 312.38 317.82

TESI vs DGWR, SENR, WM: Days Payable Comparison

For the Waste Management subindustry, Titan Environmental Solutions'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.

Titan Environmental Solutions Days Payable vs Waste Management Industry

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

* The bar in red indicates where Titan Environmental Solutions's Days Payable falls into.


Titan Environmental Solutions 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.

Titan Environmental Solutions'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
=( (2.854 + 6.906) / 2 ) / 9.241*365
=4.88 / 9.241*365
=192.75

Titan Environmental Solutions's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (6.906 + 6.601) / 2 ) / 1.939*365 / 4
=6.7535 / 1.939*365 / 4
=317.82

* 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 317.82 mean?
Titan Environmental Solutions (TESI) has a Days Payable of 317.82 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Titan Environmental Solutions and its competitors.
Is Titan Environmental Solutions' Days Payable too high?
Titan Environmental Solutions' current Days Payable is 317.82. The Waste Management industry median Days Payable is 63.69. Titan Environmental Solutions' value of 317.82 is 399% above this industry median.
How does Titan Environmental Solutions' Days Payable compare to DGWR and SENR?
Titan Environmental Solutions' Days Payable of 317.82 can be compared against companies in the Waste Management industry. The industry median Days Payable is 63.69. Titan Environmental Solutions' value of 317.82 is 399% 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 63.69, based on 233 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. Titan Environmental Solutions's current Days Payable of 317.82 is 399% 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 Titan Environmental Solutions and its competitors. For the Waste Management industry, the median Days Payable is 63.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan Environmental Solutions's current Days Payable is 317.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan Environmental Solutions stock overvalued right now?
Titan Environmental Solutions (TESI) has a current Days Payable of 317.82. The current Days Payable is 317.82 and 399% above the Waste Management industry median of 63.69. 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 Titan Environmental Solutions (TESI), the current Days Payable is 317.82 as of Mar. 2025. 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.

Titan Environmental Solutions Business Description

Address 300 East Long Lake Road, Suite 100A, Bloomfield Hills, MI, USA, 48304
Titan Environmental Solutions Inc is an integrated provider of non-hazardous solid waste and recycling collection, transportation, and disposal services. The company conducts its business principally through its principal operating subsidiary, which provides waste and recycling collection and disposal services to industrial generators and commercial contractors located in Michigan. It currently has the majority of its operations in Michigan but is looking to expand its presence across the Midwest, Northeast, and Southeast regions of the United States. The company has one reportable segment, which is the trucking segment.