374Water (FRA:8LL) Days Payable : 48.36 (As of Dec. 2023)

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What is 374Water Days Payable?

374Water's average Accounts Payable for the three months ended in Dec. 2023 was €0.44 Mil. 374Water's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.83 Mil. Hence, 374Water's Days Payable for the three months ended in Dec. 2023 was 48.36.

The historical rank and industry rank for 374Water's Days Payable or its related term are showing as below:

FRA:8LL' s Days Payable Range Over the Past 10 Years
Min: 103.07 Med: 199.25 Max: 2153.5
Current: 134.98

During the past 13 years, 374Water's highest Days Payable was 2153.50. The lowest was 103.07. And the median was 199.25.

FRA:8LL's Days Payable is ranked better than
74.19% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs FRA:8LL: 134.98

374Water's Days Payable declined from Dec. 2022 (184.79) to Dec. 2023 (48.36). It may suggest that 374Water accelerated paying its suppliers.

374Water Days Payable Historical Data

The historical data trend for 374Water'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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374Water Days Payable Chart

374Water Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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2,147.88

102.83

203.57

374Water 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															184.79	185.89	685.49	181.95	48.36

Competitive Comparison of 374Water's Days Payable

For the Pollution & Treatment Controls subindustry, 374Water'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.

374Water's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, 374Water's Days Payable distribution charts can be found below:

* The bar in red indicates where 374Water's Days Payable falls into.

374Water 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.

374Water'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
=	( (1.369	+	0.525)	/	2 )	/	1.698	*	365
=	0.947					/	1.698	*	365
=	203.57

374Water'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
=	( (0.358	+	0.525)	/	2 )	/	0.833	*	365 / 4
=	0.4415					/	0.833	*	365 / 4
=	48.36

374Water Days Payable Related Terms

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374Water (FRA:8LL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » 374Water Inc (FRA:8LL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SCWO:USA

Address

701 W Main Street, Suite 410, Durham, NC, USA, 27701

Website

https://www.374water.com

374Water Inc offers a technology that transforms wet wastes such as sewage sludge, biosolids, food waste, hazardous and non-hazardous waste, and forever chemicals (e.g., PFAS) into recoverable resources by focusing on waste as a valuable resource for water, energy, and minerals. The business activities of the company include manufacturing processes and waste recycling and treatment processes, which currently involve the use, treatment, storage, transfer, handling and/or disposal of hazardous materials, chemicals and wastes.

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