GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alpine 4 Holdings Inc (NAS:ALPP) » Definitions » Days Payable

Alpine 4 Holdings (Alpine 4 Holdings) Days Payable : 62.32 (As of Jun. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Alpine 4 Holdings Days Payable?

Alpine 4 Holdings's average Accounts Payable for the three months ended in Jun. 2023 was $13.8 Mil. Alpine 4 Holdings's Cost of Goods Sold for the three months ended in Jun. 2023 was $20.2 Mil. Hence, Alpine 4 Holdings's Days Payable for the three months ended in Jun. 2023 was 62.32.

The historical rank and industry rank for Alpine 4 Holdings's Days Payable or its related term are showing as below:

ALPP' s Days Payable Range Over the Past 10 Years
Min: 32.32   Med: 64.99   Max: 86.57
Current: 46.7

During the past 9 years, Alpine 4 Holdings's highest Days Payable was 86.57. The lowest was 32.32. And the median was 64.99.

ALPP's Days Payable is ranked worse than
62.26% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs ALPP: 46.70

Alpine 4 Holdings's Days Payable increased from Jun. 2022 (38.62) to Jun. 2023 (62.32). It may suggest that Alpine 4 Holdings delayed paying its suppliers.


Alpine 4 Holdings Days Payable Historical Data

The historical data trend for Alpine 4 Holdings'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.

Alpine 4 Holdings Days Payable Chart

Alpine 4 Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only 86.43 66.90 64.99 52.33 36.02

Alpine 4 Holdings Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 38.62 36.46 33.84 48.71 62.32

Competitive Comparison of Alpine 4 Holdings's Days Payable

For the Conglomerates subindustry, Alpine 4 Holdings'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.


Alpine 4 Holdings's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alpine 4 Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Alpine 4 Holdings's Days Payable falls into.



Alpine 4 Holdings 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.

Alpine 4 Holdings'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
=( (7.745 + 8.609) / 2 ) / 82.849*365
=8.177 / 82.849*365
=36.02

Alpine 4 Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (11.831 + 15.808) / 2 ) / 20.235*365 / 4
=13.8195 / 20.235*365 / 4
=62.32

* 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.


Alpine 4 Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Alpine 4 Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Alpine 4 Holdings (Alpine 4 Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2525 East Arizona Biltmore Circle, Suite 237, Phoenix, AZ, USA, 85016
Alpine 4 Holdings Inc is a holding company that acquires businesses in several industry segments namely Aerospace, Battery Tech, Defense Services, Technology, and Manufacturing, as either a Driver, Stabilizer, or Facilitator from the company's disruptive DSF business model. It focuses on how the incorporation of new technologies can drive innovation even in brick-and-mortar businesses, with an understanding of how technology and innovation can enhance businesses.
Executives
Winters Ii Charles W. director, officer: Chrmn of Board; Director 2525 EAST ARIZONA BILTMORE CIR, SUITE 237, PHOENIX AZ 85016
Kent Wilson director, officer: CEO; President; Secretary 2525 EAST ARIZONA BILTMORE CIRCLE, SUITE 237, PHOENIX AZ 85016
Ian Kantrowitz director, officer: VP of IR; Director of IR 4742 N. 24TH STREET, SUITE 300, PHOENIX AZ 85016
Scott W. Edwards director 946 E. LOBSTER TRAP LANE, TEMPE AZ 85283
David George Schmitt officer: CHIEF FINANCIAL OFFICER 4742 N. 24TH STREET, SUITE 300, PHOENIZ AZ 85016
Richard Chiang other: Previous Officer and Director 460 BRANNAN STREET SUITE 78064, SAN FRANCISCO CA 94107
Richard Battaglini director, 10 percent owner, officer: Chairman and President 934 W CORONADO ROAD, PHOENIX AZ 85007

Alpine 4 Holdings (Alpine 4 Holdings) Headlines

From GuruFocus

Alpine 4 Regains Full Nasdaq Compliance

By ACCESSWIRE 06-22-2023