ALPP (Alpine 4 Holdings) Days Payable: 69.87 (As of Sep. 2023)

What is Alpine 4 Holdings Days Payable?

Alpine 4 Holdings ALPP 12 Days Payable is 69.87 as of Sep. 2023. GuruFocus rates ALPP with a GF Score™ of 12/100.

Alpine 4 Holdings's average Accounts Payable for the three months ended in Sep. 2023 was $17.0 Mil. Alpine 4 Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was $22.2 Mil. Hence, Alpine 4 Holdings's Days Payable for the three months ended in Sep. 2023 was 69.87.

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 is not ranked ^*
in the Conglomerates industry.
Industry Median: 55.855
* Ranked among companies with meaningful Days Payable only.

Alpine 4 Holdings's Days Payable increased from Sep. 2022 (35.34) to Sep. 2023 (69.87). It may suggest that Alpine 4 Holdings delayed paying its suppliers.

Alpine 4 Holdings Days Payable Related Terms

Alpine 4 Holdings Days Payable Historical Data

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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.

Alpine 4 Holdings Days Payable Chart

Alpine 4 Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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86.43

66.90

64.99

52.33

36.02

Alpine 4 Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															35.34	37.12	48.71	62.32	69.87

ALPP vs FUNN, EFSH, GTLL: Days Payable Comparison

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 Days Payable vs 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.

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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 Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (15.808	+	18.249)	/	2 )	/	22.238	*	365 / 4
=	17.0285					/	22.238	*	365 / 4
=	69.87

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 69.87 mean?

Alpine 4 Holdings (ALPP) has a Days Payable of 69.87 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Alpine 4 Holdings and its competitors.

Is Alpine 4 Holdings' Days Payable too high?

Alpine 4 Holdings' current Days Payable is 69.87. The Conglomerates industry median Days Payable is 55.86. Alpine 4 Holdings' value of 69.87 is 25.1% above this industry median. Overall, Alpine 4 Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Alpine 4 Holdings' Days Payable compare to FUNN and EFSH?

Alpine 4 Holdings' Days Payable of 69.87 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 55.86. Alpine 4 Holdings' value of 69.87 is 25.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Payable for a Conglomerates company?

The median Days Payable among Conglomerates companies is 55.86, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alpine 4 Holdings's current Days Payable of 69.87 is 25.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Payable mean?

A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Alpine 4 Holdings and its competitors. For the Conglomerates industry, the median Days Payable is 55.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpine 4 Holdings's current Days Payable is 69.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Alpine 4 Holdings stock overvalued right now?

Alpine 4 Holdings (ALPP) has a current Days Payable of 69.87. The current Days Payable is 69.87 and 25.1% above the Conglomerates industry median of 55.86. Alpine 4 Holdings' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Payable calculated?

Days Payable is calculated from a company's financial statements. For Alpine 4 Holdings (ALPP), the current Days Payable is 69.87 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Alpine 4 Holdings Business Description

Industry Industrials Conglomerates

Comparable Companies FUNN EFSH GTLL PTEEF UPIN AFDG KDCE HLLK LCCN CDXQ ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002

Address 2525 East Arizona Biltmore Circle, Suite 237, Phoenix, AZ, USA, 85016

Website https://www.alpine4.com

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.

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