Water Ways Technologies (Water Ways Technologies) Days Payable : 183.84 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Water Ways Technologies Days Payable?

Water Ways Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $2.48 Mil. Water Ways Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.23 Mil. Hence, Water Ways Technologies's Days Payable for the three months ended in Dec. 2023 was 183.84.

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

WWTIF' s Days Payable Range Over the Past 10 Years
Min: 59.58 Med: 123.82 Max: 185.01
Current: 185.01

During the past 13 years, Water Ways Technologies's highest Days Payable was 185.01. The lowest was 59.58. And the median was 123.82.

WWTIF's Days Payable is ranked better than
83.01% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 71.475 vs WWTIF: 185.01

Water Ways Technologies's Days Payable declined from Dec. 2022 (231.66) to Dec. 2023 (183.84). It may suggest that Water Ways Technologies accelerated paying its suppliers.

Water Ways Technologies Days Payable Historical Data

The historical data trend for Water Ways 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.

* Premium members only.

Water Ways Technologies Days Payable Chart

Water Ways Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

59.61

143.82

110.86

141.82

142.81

Water Ways Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															231.66	119.85	200.92	257.73	183.84

Competitive Comparison of Water Ways Technologies's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Water Ways 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.

Water Ways Technologies's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Water Ways Technologies's Days Payable distribution charts can be found below:

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

Water Ways 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.

Water Ways Technologies'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
=	( (2.674	+	2.201)	/	2 )	/	6.23	*	365
=	2.4375					/	6.23	*	365
=	142.81

Water Ways Technologies's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.751	+	2.201)	/	2 )	/	1.229	*	365 / 4
=	2.476					/	1.229	*	365 / 4
=	183.84

Water Ways Technologies Days Payable Related Terms

Thank you for viewing the detailed overview of Water Ways Technologies's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Water Ways Technologies (Water Ways Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Water Ways Technologies Inc (OTCPK:WWTIF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WWT:Germany WWT:Canada

Address

77 King Street West, Suite 3000, P.O. Box 95, TD Centre, Toronto, ON, CAN, M5K 1G8

Website

https://www.water-ways-technologies.com

Water Ways Technologies Inc is an agro-tech company that specializes in providing water irrigation solutions to agricultural producers. It designs, supplies and installs an irrigation system for application in various agricultural and aquacultural operations. The company has an operation in China, Mexico, Peru, Laos, Ethiopia, and Georgia.