Quantafuel AS (Quantafuel AS) Days Payable : 82.36 (As of Sep. 2023)

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What is Quantafuel AS Days Payable?

Quantafuel AS's average Accounts Payable for the three months ended in Sep. 2023 was $2.06 Mil. Quantafuel AS's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.28 Mil. Hence, Quantafuel AS's Days Payable for the three months ended in Sep. 2023 was 82.36.

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

QNTFF' s Days Payable Range Over the Past 10 Years
Min: 141.76 Med: 1019.14 Max: 64130.5
Current: 141.76

During the past 7 years, Quantafuel AS's highest Days Payable was 64130.50. The lowest was 141.76. And the median was 1019.14.

QNTFF's Days Payable is not ranked
in the Waste Management industry.
Industry Median: 72.98 vs QNTFF: 141.76

Quantafuel AS's Days Payable declined from Sep. 2022 (163.92) to Sep. 2023 (82.36). It may suggest that Quantafuel AS accelerated paying its suppliers.

Quantafuel AS Days Payable Historical Data

The historical data trend for Quantafuel AS'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.

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Quantafuel AS Days Payable Chart

Quantafuel AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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64,130.50

16,630.31

1,372.61

327.00

153.75

Quantafuel AS Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															163.92	137.33	196.68	177.92	82.36

Competitive Comparison of Quantafuel AS's Days Payable

For the Waste Management subindustry, Quantafuel AS'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.

Quantafuel AS's Days Payable Distribution in the Waste Management Industry

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

* The bar in red indicates where Quantafuel AS's Days Payable falls into.

Quantafuel AS 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.

Quantafuel AS's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4.948	+	2.94)	/	2 )	/	9.363	*	365
=	3.944					/	9.363	*	365
=	153.75

Quantafuel AS's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.515	+	2.599)	/	2 )	/	2.279	*	365 / 4
=	2.057					/	2.279	*	365 / 4
=	82.36

Quantafuel AS Days Payable Related Terms

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Quantafuel AS (Quantafuel AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Quantafuel AS (OTCPK:QNTFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

QFUEL:Norway 49Q:Germany

Address

Lilleakerveien 2C, Oslo, NOR, 0283

Website

https://www.quantafuel.com

Quantafuel AS is a Norwegian technology company that develops, designs, and operates production facilities to produce synthetic fuels and chemical products based on non-recyclable waste. The company converts waste plastic into low-carbon synthetic oil products replacing virgin oil products.