AmeraMex International (AmeraMex International) Days Payable : 49.35 (As of Mar. 2023)

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What is AmeraMex International Days Payable?

AmeraMex International's average Accounts Payable for the three months ended in Mar. 2023 was $1.29 Mil. AmeraMex International's Cost of Goods Sold for the three months ended in Mar. 2023 was $2.39 Mil. Hence, AmeraMex International's Days Payable for the three months ended in Mar. 2023 was 49.35.

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

AMMX's Days Payable is not ranked ^*
in the Farm & Heavy Construction Machinery industry.
Industry Median: 70.05
* Ranked among companies with meaningful Days Payable only.

AmeraMex International's Days Payable increased from Mar. 2022 (21.07) to Mar. 2023 (49.35). It may suggest that AmeraMex International delayed paying its suppliers.

AmeraMex International Days Payable Historical Data

The historical data trend for AmeraMex International'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.

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AmeraMex International Days Payable Chart

AmeraMex International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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98.88

32.64

20.00

10.93

22.17

AmeraMex International Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Payable	Get a 7-Day Free Trial															21.07	80.83	28.12	21.74	49.35

Competitive Comparison of AmeraMex International's Days Payable

For the Farm & Heavy Construction Machinery subindustry, AmeraMex International'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.

AmeraMex International's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AmeraMex International's Days Payable distribution charts can be found below:

* The bar in red indicates where AmeraMex International's Days Payable falls into.

AmeraMex International 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.

AmeraMex International'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
=	( (0.56	+	1.23)	/	2 )	/	14.736	*	365
=	0.895					/	14.736	*	365
=	22.17

AmeraMex International's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (1.23	+	1.356)	/	2 )	/	2.391	*	365 / 4
=	1.293					/	2.391	*	365 / 4
=	49.35

AmeraMex International Days Payable Related Terms

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AmeraMex International (AmeraMex International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » AmeraMex International Inc (OTCPK:AMMX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3930 Esplanade, Chico, CA, USA, 95973

Website

https://www.ammx.net

AmeraMex International Inc is a dealer of new and refurbished heavy equipment. It sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company's key product line is specialized container handling equipment for loading and unloading of container ships and dry dock areas.

Executives

Hope Stone	officer: Chief Financial Officer	3930 ESPLANADE, CHICO CA 95973
Lee Hamre	director, 10 percent owner, officer: Chief Executive Officer,, other: Chairman	3930 ESPLANADE, CHICO CA 95973
Marty Tullio	director, officer: Secretary and Director	3930 ESPLANADE, CHICO CA 95973
Brian Hamre	director	3930 ESPLANADE, CHICO CA 95973
John Jeffery Morris	director	3930 ESPLANADE, CHICO CA 95973
Michael R. Maloney	director, officer: Chief Operations Officer,, other: Treasurer	3930 ESPLANADE, CHICO CA 95973