Pacific Green Technologies (Pacific Green Technologies) Days Payable : 4.80 (As of Dec. 2023)

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What is Pacific Green Technologies Days Payable?

Pacific Green Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $3.22 Mil. Pacific Green Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $61.22 Mil. Hence, Pacific Green Technologies's Days Payable for the three months ended in Dec. 2023 was 4.80.

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

PGTK' s Days Payable Range Over the Past 10 Years
Min: 12.54 Med: 113.8 Max: 285.3
Current: 12.54

During the past 13 years, Pacific Green Technologies's highest Days Payable was 285.30. The lowest was 12.54. And the median was 113.80.

PGTK's Days Payable is ranked worse than
97.47% of 2927 companies
in the Industrial Products industry
Industry Median: 76.43 vs PGTK: 12.54

Pacific Green Technologies's Days Payable declined from Dec. 2022 (35.93) to Dec. 2023 (4.80). It may suggest that Pacific Green Technologies accelerated paying its suppliers.

Pacific Green Technologies Days Payable Historical Data

The historical data trend for Pacific Green 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.

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Pacific Green Technologies Days Payable Chart

Pacific Green Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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285.30

27.29

58.98

188.99

45.37

Pacific Green 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															35.93	159.43	130.51	220.65	4.80

Competitive Comparison of Pacific Green Technologies's Days Payable

For the Pollution & Treatment Controls subindustry, Pacific Green 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.

Pacific Green Technologies's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pacific Green Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Pacific Green Technologies's Days Payable falls into.

Pacific Green 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.

Pacific Green Technologies's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.757	+	0.693)	/	2 )	/	5.833	*	365
=	0.725					/	5.833	*	365
=	45.37

Pacific Green 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
=	( (4.947	+	1.495)	/	2 )	/	61.221	*	365 / 4
=	3.221					/	61.221	*	365 / 4
=	4.80

Pacific Green Technologies Days Payable Related Terms

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Pacific Green Technologies (Pacific Green Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pacific Green Technologies Inc (OTCPK:PGTK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 The Green, Suite 10212, Dover, DE, USA, 19901

Website

https://www.pacificgreen-group.com

Pacific Green Technologies Inc is engaged in developing emission control systems technology. The company design, manufactures, and implements flue gas emission control systems throughout the world. It offers a product such as ENVI-Marine for the marine industry, ENVI-Pure for the waste-to-energy and biomass industries, and ENVI-Clean is designed for coal-fired power electricity generation and industrial plants involved in steel generation. Geographically, it has a presence in North America, Asia, and Europe of which it derives a majority of its revenue from the Europe region.

Executives

Fresh Air Investments (canada) Ltd.	10 percent owner	409-221 W. ESPLANADE, NORTH VANCOUVER A1 V7M 3J3
Twynam Investments Proprietary Ltd	10 percent owner, other: Chief Financial Officer	226 LIVERPOOL STREET, DARLINGHURST, SYDNEY C3 2010
Richard Fraser-smith	officer: Chief Financial Officer	7 NIGHTINGALE ROAD, HAMPTON, MIDDLESEX X0 TW12 3HU
Pacific Green Group Ltd	10 percent owner	BISON COURT, ROAD TOWN, TORTOLA D8 0000
Alexander Shead	director	10/50 BERRY STREET, NORTH SYDNEY NSW C3 0000
Chris Williams	director	335A THORPE ROAD, PETERBOROUGH CAMBS X0 PE3 6LU
Andrew Jolly	director	SOPHIA HOUSE, 28 CATHEDRAL ROAD, CARDIFF X0 CF911 9LJ
Neil Carmichael	director	5205 PROSPECT ROAD, SUITE 135 - 226, SAN JOSE CA 95129
Jordan Starkman	director, officer: President/Secretary/Treasurer	5205 PROSPECT ROAD, SUITE 135 - 226, SAN JOSE CA 95129