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EnerTeck (EnerTeck) Days Payable : 9,702.92 (As of Sep. 2023)


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What is EnerTeck Days Payable?

EnerTeck's average Accounts Payable for the three months ended in Sep. 2023 was $0.32 Mil. EnerTeck's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil. Hence, EnerTeck's Days Payable for the three months ended in Sep. 2023 was 9,702.92.

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

ETCK' s Days Payable Range Over the Past 10 Years
Min: 678.42   Med: 1568.36   Max: 7738
Current: 2465.02

During the past 13 years, EnerTeck's highest Days Payable was 7738.00. The lowest was 678.42. And the median was 1568.36.

ETCK's Days Payable is ranked better than
99.6% of 1502 companies
in the Chemicals industry
Industry Median: 60.4 vs ETCK: 2465.02

EnerTeck's Days Payable increased from Sep. 2022 (5,965.47) to Sep. 2023 (9,702.92). It may suggest that EnerTeck delayed paying its suppliers.


EnerTeck Days Payable Historical Data

The historical data trend for EnerTeck'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.

EnerTeck Days Payable Chart

EnerTeck Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,011.68 5,003.54 5,896.15 7,738.00 1,385.86

EnerTeck Quarterly Data
Dec18 Mar19 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 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 5,965.47 632.90 - 26,964.38 9,702.92

Competitive Comparison of EnerTeck's Days Payable

For the Specialty Chemicals subindustry, EnerTeck'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.


EnerTeck's Days Payable Distribution in the Chemicals Industry

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

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



EnerTeck 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.

EnerTeck'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
=( (0.209 + 0.277) / 2 ) / 0.064*365
=0.243 / 0.064*365
=1,385.86

EnerTeck'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
=( (0.318 + 0.32) / 2 ) / 0.003*365 / 4
=0.319 / 0.003*365 / 4
=9,702.92

* 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.


EnerTeck Days Payable Related Terms

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


EnerTeck (EnerTeck) Business Description

Traded in Other Exchanges
N/A
Address
10701 Corporate Drive, Suite 150, Stafford, TX, USA, 77477
EnerTeck Corp is engaged in the business of manufacturing and marketing a fuel borne catalytic engine treatment called EnerBurn for diesel engines. The company mainly serves the trucking, heavy construction, maritime shipping, railroad, and mining industries. Its products and services include the diesel fuel additive product line and EnerBurn Combustion Catalyst for diesel fuel engines. Its EnerBurn is a liquid, chemical formulation, under the product codes differentiated by market application and product concentration, EnerBurn EC5931A, EnerBurn EC5805A, and EnerBurn EC5805C. The company generated the majority of the revenues from the sale of EnerBurn to oilfield service, heavy construction, and mining industries.
Executives
Jack Douglas Cowles director 30 LANSDOWNE DRIVE, LARCHMONT NY 10538
Richard Dicks officer: Chief Financial Officer 10701 CORPORATE DRIVE, SUITE 150, STAFFORD CA 77477
Gary Byron Aman director 6119 APPLE VALLEY LANE, HOUSTON TX 77069
Darrell Dwaine Reese director, 10 percent owner, officer: Chief Executive Officer 2206 COUNTRY CREEK WAY, RICHMOND TX 77469-6639
Thomas Donino director, 10 percent owner 7 LAKESIDE DRIVE, RYE NY 10580
Batl Bioenergy Llc 10 percent owner 7 LAKESIDE DRIVE, RYE NY 10580
Batl Management Lp 10 percent owner 7 LAKESIDE DRIVE, RYE NY 10580
Stanley Crow officer: President 1410 ANDOVER STREET, LIVINGSTON TX 77351
Parrish Brian Ketchmark director, 10 percent owner, officer: President P.O. BOX 256, NORWOOD NJ 07648-0256