Switch to:
Gevo Inc (NAS:GEVO)
Days Payable
17.64 (As of Sep. 2016)

Gevo Inc's payable for the three months ended in Sep. 2016 was $1.87 Mil. Gevo Inc's cost of goods sold for the three months ended in Sep. 2016 was $9.65 Mil. Hence, Gevo Inc's days payable for the three months ended in Sep. 2016 was 17.64.

GEVO' s Days Payable Range Over the Past 10 Years
Min: 14.75   Max: 131.63
Current: 17.98

14.75
131.63

During the past 8 years, Gevo Inc's highest Days Payable was 131.63. The lowest was 14.75. And the median was 32.19.

GEVO's Days Payable is ranked lower than
87% of the 829 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 49.64 vs. GEVO: 17.98 )

Gevo Inc's days payable declined from Sep. 2015 (28.22) to Sep. 2016 (17.64). It may suggest that Gevo Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Gevo Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2.691/38.762*365
=25.34

Gevo Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1.865/9.65*365 / 4
=17.64

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Gevo Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.000.000.00130.7937.3114.75131.6327.0725.34

Gevo Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 35.6821.4222.1517.4414.2128.2227.2835.3918.0717.64
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK