EVI Industries (EVI Industries) Days Payable : 46.50 (As of Dec. 2023)

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What is EVI Industries Days Payable?

EVI Industries's average Accounts Payable for the three months ended in Dec. 2023 was $33.1 Mil. EVI Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $65.0 Mil. Hence, EVI Industries's Days Payable for the three months ended in Dec. 2023 was 46.50.

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

EVI' s Days Payable Range Over the Past 10 Years
Min: 19.74 Med: 35.07 Max: 50.24
Current: 50.23

During the past 13 years, EVI Industries's highest Days Payable was 50.24. The lowest was 19.74. And the median was 35.07.

EVI's Days Payable is ranked worse than
51.05% of 143 companies
in the Industrial Distribution industry
Industry Median: 52.1 vs EVI: 50.23

EVI Industries's Days Payable declined from Dec. 2022 (66.58) to Dec. 2023 (46.50). It may suggest that EVI Industries accelerated paying its suppliers.

EVI Industries Days Payable Historical Data

The historical data trend for EVI Industries'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.

EVI Industries Days Payable Chart

EVI Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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19.74

30.51

39.63

50.24

43.22

EVI Industries 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															66.58	58.66	49.08	42.63	46.50

Competitive Comparison of EVI Industries's Days Payable

For the Industrial Distribution subindustry, EVI Industries'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.

EVI Industries's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, EVI Industries's Days Payable distribution charts can be found below:

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

EVI Industries 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.

EVI Industries's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (32.632	+	26.69)	/	2 )	/	250.49	*	365
=	29.661					/	250.49	*	365
=	43.22

EVI Industries'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
=	( (31.595	+	34.614)	/	2 )	/	64.958	*	365 / 4
=	33.1045					/	64.958	*	365 / 4
=	46.50

EVI Industries Days Payable Related Terms

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EVI Industries (EVI Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » EVI Industries Inc (AMEX:EVI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4500 Biscayne Boulevard, Suite 340, Miami, FL, USA, 33137

Website

https://www.evi-ind.com

EVI Industries Inc through its subsidiaries, is a distributor that sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, supplies related replacement parts and accessories, designs and plans turn-key laundry, dry cleaning, and boiler systems, and provides installation and maintenance services to its customers, which include commercial, industrial, institutional, government, and retail customers. These activities are conducted in the United States, Canada, the Caribbean and Latin America.

Executives

Hal M Lucas	director	290 NE 68 STREET, MIAMI FL 33138
Thomas Marks	officer: EVP, Business Development	2331 TRIPALDI WAY, HAYWARD CA 94545
Henry M Nahmad	director, 10 percent owner, officer: Chairman, CEO and President	C/O ENVIROSTAR, INC., 290 NE 68 STREET, MIAMI FL 33138
Robert Lazar	officer: Chief Financial Officer	770 SOUTH DIXIE HIGHWAY #200, CORAL CABLES FL 33146
David Blyer	director
Glen Kruger	director	4500 BISCAYNE BOULEVARD, SUITE 340, MIAMI FL 33137
Timothy P Lamacchia	director	290 N.E. 68TH STREET, MIAMI FL 33138
Western State Design, Llc	10 percent owner	2331 TRIPALDI WAY, HAYWARD CA 94545
Dennis W. Mack	director, 10 percent owner, officer: Executive Vice President	2331 TRIPALDI WAY, HAYWARD CA 94545
Michael S Steiner	director, 10 percent owner, officer: President and CEO	290 NE 68 STREET, MIAMI FL 33138
Symmetric Capital Ii Llc	10 percent owner	290 NE 68 STREET, MIAMI FL 33138
Todd Oretsky	director	330 SW 2ND STREET, SUITE 209, FORT LAUDERDALE FL 33312
Symmetric Capital Llc	10 percent owner	C/O ENVIROSTAR, INC., 290 NE 68 STREET, MIAMI FL 33138
Robert M Steiner	10 percent owner	315 CORNWALL STREET, SAN FRANCISCO CA 94118
Indelicato Venerando	director, officer: Treasurer and CFO	12307 MARBLEHEAD DRIVE, TAMPA FL 33626