Envirotech Vehicles (Envirotech Vehicles) Days Payable : 575.11 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Envirotech Vehicles Days Payable?

Envirotech Vehicles's average Accounts Payable for the three months ended in Dec. 2023 was $0.75 Mil. Envirotech Vehicles's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.12 Mil. Hence, Envirotech Vehicles's Days Payable for the three months ended in Dec. 2023 was 575.11.

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

EVTV' s Days Payable Range Over the Past 10 Years
Min: 55.41 Med: 108.57 Max: 1701.69
Current: 155.35

During the past 4 years, Envirotech Vehicles's highest Days Payable was 1701.69. The lowest was 55.41. And the median was 108.57.

EVTV's Days Payable is ranked better than
86.2% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.85 vs EVTV: 155.35

Envirotech Vehicles's Days Payable increased from Dec. 2022 (29.77) to Dec. 2023 (575.11). It may suggest that Envirotech Vehicles delayed paying its suppliers.

Envirotech Vehicles Days Payable Historical Data

The historical data trend for Envirotech Vehicles'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.

Envirotech Vehicles Days Payable Chart

Envirotech Vehicles Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

1,701.69

82.99

55.41

134.15

Envirotech Vehicles Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											29.77	167.63	67.31	972.38	575.11

Competitive Comparison of Envirotech Vehicles's Days Payable

For the Auto Manufacturers subindustry, Envirotech Vehicles'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.

Envirotech Vehicles's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Envirotech Vehicles's Days Payable distribution charts can be found below:

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

Envirotech Vehicles 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.

Envirotech Vehicles'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
=	( (0.604	+	0.761)	/	2 )	/	1.857	*	365
=	0.6825					/	1.857	*	365
=	134.15

Envirotech Vehicles'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
=	( (0.739	+	0.761)	/	2 )	/	0.119	*	365 / 4
=	0.75					/	0.119	*	365 / 4
=	575.11

Envirotech Vehicles Days Payable Related Terms

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

Envirotech Vehicles (Envirotech Vehicles) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Envirotech Vehicles Inc (NAS:EVTV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1425 Ohlendorf Road, Osceola, AR, USA, 72370

Website

https://www.evtvusa.com

Envirotech Vehicles Inc is a provider of purpose-built zero-emission electric vehicles focused on reducing the total cost of vehicle ownership and helping fleet operators unlock the benefits of green technology. It recognizes revenue from the sales of zero-emission electric vehicles and vehicle maintenance and inspection services.

Executives

Douglas M Campoli	officer: Chief Financial Officer	C/O ENVIROTECH VEHICLES, INC., 1425 OHLENDORF ROAD, OSCEOLA AR 72370
Susan Marie Emry	officer: EVP/CFO	1215 GRAPHITE DRIVE, CORONA CA 92881
Phillip Oldridge	director, officer: CEO	7000 MERRILL AVENUE, SUITE 31, CHINO NV 91710
Di Pietro Michael A	director	14245 PIPELINE AVE, CHINO CA 91710
Melissa Barcellos	director	1215 GRAPHITE DRIVE, CORONA CA 92881
Gary W Nettles	director	620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
John Perkowski	director	TYG CENTER TOWER B, SUITE 2601, DONG SAN HUAN BEI LU BING 2, BEIJING F4 100027
Richard A. Eckert	officer: Chief Operating Officer	620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
Michael K. Menerey	director, officer: Chief Financial Officer	620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
James L. Reynolds	director, 10 percent owner, officer: President and CEO	620 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH CA 92660
Kevin G. Kanning	officer: VP of IR & Business Dev.	620 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH CA 92660
Janet L. Boydell	director	620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
John H. Roselli	officer: VP of Sales and Marketing	620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
Edward R. Monfort	10 percent owner, officer: Chief Technology Officer	620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660