Eko Export (WAR:EEX) Days Payable: 445.62 (As of Mar. 2024)


WAR:EEX Eko Export SA WAR:EEX
4 GF Score
Price zł1.63
View Full Analysis

What is Eko Export Days Payable?

Eko Export WAR:EEX 4 Days Payable is 445.62 as of Mar. 2024. GuruFocus rates WAR:EEX with a GF Score™ of 4/100.

Eko Export's average Accounts Payable for the three months ended in Mar. 2024 was zł16.05 Mil. Eko Export's Cost of Goods Sold for the three months ended in Mar. 2024 was zł3.29 Mil. Hence, Eko Export's Days Payable for the three months ended in Mar. 2024 was 445.62.

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

WAR:EEX's Days Payable is not ranked *
in the Chemicals industry.
Industry Median: 59.795
* Ranked among companies with meaningful Days Payable only.

Eko Export's Days Payable declined from Mar. 2023 (755.60) to Mar. 2024 (445.62). It may suggest that Eko Export accelerated paying its suppliers.

Eko Export Days Payable Historical Data

* Premium members only.

The historical data trend for Eko Export'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.

Eko Export Days Payable Chart

Eko Export Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.53 91.07 90.00 132.86 423.30

Eko Export Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 755.60 321.36 401.47 467.76 445.62

WAR:EEX vs DOW, CE: Days Payable Comparison

For the Chemicals subindustry, Eko Export'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.

Eko Export Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Eko Export's Days Payable distribution charts can be found below:

* The bar in red indicates where Eko Export's Days Payable falls into.


WAR:EEX
4GF Score
Eko Export SA WAR:EEX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eko Export 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.

Eko Export'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
=( (11.243 + 15.635) / 2 ) / 11.588*365
=13.439 / 11.588*365
=423.30

Eko Export's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (15.635 + 16.469) / 2 ) / 3.287*365 / 4
=16.052 / 3.287*365 / 4
=445.62

* 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 445.62 mean?
Eko Export (WAR:EEX) has a Days Payable of 445.62 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Eko Export and its competitors.
Is Eko Export's Days Payable too high?
Eko Export's current Days Payable is 445.62. The Chemicals industry median Days Payable is 59.80. Eko Export's value of 445.62 is 645.2% above this industry median. Overall, Eko Export has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Eko Export's Days Payable compare to DOW and CE?
Eko Export's Days Payable of 445.62 can be compared against companies in the Chemicals industry. The industry median Days Payable is 59.80. Eko Export's value of 445.62 is 645.2% 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.80, based on 1,550 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. Eko Export's current Days Payable of 445.62 is 645.2% 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 Eko Export and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eko Export's current Days Payable is 445.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eko Export stock overvalued right now?
Eko Export (WAR:EEX) has a current Days Payable of 445.62. The current Days Payable is 445.62 and 645.2% above the Chemicals industry median of 59.80. Eko Export's overall GF Score™ is 4/100. 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 Eko Export (WAR:EEX), the current Days Payable is 445.62 as of Mar. 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.

Eko Export Business Description

Address st. Fireman 81, Bielsko-Biala, POL, 43-382
Eko Export SA is a Poland based company involved in purchasing, processing, and selling microspheres. The company imports raw material mainly from Russia, Kazakhstan and Ukraine and processes it into microspheres.
4GF Score

Get the complete analysis for WAR:EEX

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

zł1.63
Price