Forward Water Technologies (TSXV:FWTC) Days Payable: 0.00 (As of Sep. 2024)


TSXV:FWTC Forward Water Technologies Corp TSXV:FWTC
10 GF Score
Price C$0.04
View Full Analysis

What is Forward Water Technologies Days Payable?

Forward Water Technologies TSXV:FWTC 10 Days Payable is 0.00 as of Sep. 2024. GuruFocus rates TSXV:FWTC with a GF Score™ of 10/100.

Forward Water Technologies's average Accounts Payable for the three months ended in Sep. 2024 was C$0.77 Mil. Forward Water Technologies's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.00 Mil.

The historical rank and industry rank for Forward Water Technologies's Days Payable or its related term are showing as below:

TSXV:FWTC's Days Payable is not ranked *
in the Utilities - Regulated industry.
Industry Median: 70.32
* Ranked among companies with meaningful Days Payable only.

Forward Water Technologies's Days Payable stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00). stayed the same

Forward Water Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Forward Water Technologies'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.

Forward Water Technologies Days Payable Chart

Forward Water Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Payable
0.00 0.00 0.00 0.00

Forward Water Technologies Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.00 0.00 0.00 0.00

TSXV:FWTC vs AWK, WTRG, AWR: Days Payable Comparison

For the Utilities - Regulated Water subindustry, Forward Water Technologies'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.

Forward Water Technologies Days Payable vs Utilities - Regulated Industry

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

* The bar in red indicates where Forward Water Technologies's Days Payable falls into.


TSXV:FWTC
10GF Score
Forward Water Technologies Corp TSXV:FWTC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forward Water Technologies 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.

Forward Water Technologies's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0.171 + 0.687) / 2 ) / 0*365
=0.429 / 0*365
=N/A

Forward Water Technologies'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
=( (0.708 + 0.836) / 2 ) / 0*365 / 4
=0.772 / 0*365 / 4
=N/A

* 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 0.00 mean?
Forward Water Technologies (TSXV:FWTC) has a Days Payable of 0.00 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Forward Water Technologies and its competitors.
Is Forward Water Technologies' Days Payable too high?
Forward Water Technologies' current Days Payable is 0.00. Overall, Forward Water Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Forward Water Technologies' Days Payable compare to AWK and WTRG?
Forward Water Technologies' Days Payable of 0.00 can be compared against companies in the Utilities - Regulated industry. The industry median Days Payable is 70.32. 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.32, based on 482 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. 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 Forward Water Technologies and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Water Technologies's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Water Technologies stock overvalued right now?
Forward Water Technologies (TSXV:FWTC) has a current Days Payable of 0.00. The current Days Payable is 0.00. Forward Water Technologies' overall GF Score™ is 10/100. 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 Forward Water Technologies (TSXV:FWTC), the current Days Payable is 0.00 as of Sep. 2024. 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.

Forward Water Technologies Business Description

Address 1086 Modeland Road, Sarnia, ON, CAN, N7S 6L2
Forward Water Technologies Corp operates as a waste water treatment company. Its principal activity is the commercialization of its proprietary forward osmosis technology. The company's technology allows businesses to clean their wastewater that would otherwise require costly disposal.
10GF Score

Get the complete analysis for TSXV:FWTC

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.04
Price