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Envirotech Vehicles (Envirotech Vehicles) Days Payable : 21.94 (As of Mar. 2021)


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What is Envirotech Vehicles Days Payable?

Envirotech Vehicles's average Accounts Payable for the three months ended in Mar. 2021 was $0.08 Mil. Envirotech Vehicles's Cost of Goods Sold for the three months ended in Mar. 2021 was $0.31 Mil. Hence, Envirotech Vehicles's Days Payable for the three months ended in Mar. 2021 was 21.94.

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

ADOM' s Days Payable Range Over the Past 10 Years
Min: 11.8   Med: 169.13   Max: 1825
Current: 279.93

During the past 9 years, Envirotech Vehicles's highest Days Payable was 1825.00. The lowest was 11.80. And the median was 169.13.

ADOM's Days Payable is not ranked
in the Vehicles & Parts industry.
Industry Median: 65.67 vs ADOM: 279.93

Envirotech Vehicles's Days Payable declined from Mar. 2020 (623.34) to Mar. 2021 (21.94). It may suggest that Envirotech Vehicles accelerated 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 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only 408.80 52.20 13.92 11.93 257.19

Envirotech Vehicles Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 623.34 661.29 489.68 1,224.27 21.94

Competitive Comparison of Envirotech Vehicles's Days Payable

For the Auto Parts 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. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.418 + 0.009) / 2 ) / 0.303*365
=0.2135 / 0.303*365
=257.19

Envirotech Vehicles's Days Payable for the quarter that ended in Mar. 2021 is calculated as:

Days Payable (Q: Mar. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Mar. 2021 )) / count ) / Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=( (0.009 + 0.142) / 2 ) / 0.314*365 / 4
=0.0755 / 0.314*365 / 4
=21.94

* 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.


Envirotech Vehicles Days Payable Related Terms

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Envirotech Vehicles (Envirotech Vehicles) Business Description

Traded in Other Exchanges
N/A
Address
1215 Graphite Drive, Corona, CA, USA, 92881
Envirotech Vehicles Inc designs zero-emission electric and hybrid drivetrain systems for integration in new school buses and medium to heavy-duty commercial fleet vehicles. The company also designs patented re-power conversion kits to replace conventional drivetrain systems for combustion powered vehicles with zero-emission electric or hybrid drivetrain systems. Its product range includes Cab Over Engine Trucks and Shuttle Bus Fleets.
Executives
Michael K. Menerey director, officer: Chief Financial Officer 620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
James L. Reynolds director, officer: Chief Executive Officer 620 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH CA 92660
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
Kevin G. Kanning other: VP IR & Business Development 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