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


AMMX AmeraMex International Inc AMMX
12 GF Score
Price $0.17
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What is AmeraMex International Days Payable?

AmeraMex International AMMX 12 Days Payable is 49.35 as of Mar. 2023. GuruFocus rates AMMX with a GF Score™ of 12/100.

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: 70.7
* 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

* Premium members only.

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.

AmeraMex International Days Payable Chart

AmeraMex International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial 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 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 21.07 80.83 28.12 21.74 49.35

AMMX vs PTRAQ, CEAD, ZEVY: Days Payable Comparison

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 Days Payable vs 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.


AMMX
12GF Score
AmeraMex International Inc AMMX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 49.35 mean?
AmeraMex International (AMMX) has a Days Payable of 49.35 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on AmeraMex International and its competitors.
Is AmeraMex International's Days Payable too high?
AmeraMex International's current Days Payable is 49.35. The Farm & Heavy Construction Machinery industry median Days Payable is 70.70. AmeraMex International's value of 49.35 is 30.2% below this industry median. Overall, AmeraMex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does AmeraMex International's Days Payable compare to PTRAQ and CEAD?
AmeraMex International's Days Payable of 49.35 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Days Payable is 70.70. AmeraMex International's value of 49.35 is 30.2% below 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 70.70, based on 209 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. AmeraMex International's current Days Payable of 49.35 is 30.2% below 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 AmeraMex International and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 70.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AmeraMex International's current Days Payable is 49.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AmeraMex International stock overvalued right now?
AmeraMex International (AMMX) has a current Days Payable of 49.35. The current Days Payable is 49.35 and 30.2% below the Farm & Heavy Construction Machinery industry median of 70.70. AmeraMex International's 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 AmeraMex International (AMMX), the current Days Payable is 49.35 as of Mar. 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.

AmeraMex International Business Description

Address 3930 Esplanade, Chico, CA, USA, 95973
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, shipping, logistics, mining, commercial farming, logging, forestry conservation, and lumber. The company's key product line is specialized container handling equipment for the loading and unloading of container ships and dry dock areas.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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