EGSE (Evergreen Sustainable Enterprises) Days Payable: 210.76 (As of Dec. 2022)


What is Evergreen Sustainable Enterprises Days Payable?

Evergreen Sustainable Enterprises EGSE Days Payable is 210.76 as of Dec. 2022.

Evergreen Sustainable Enterprises's average Accounts Payable for the three months ended in Dec. 2022 was $0.86 Mil. Evergreen Sustainable Enterprises's Cost of Goods Sold for the three months ended in Dec. 2022 was $0.37 Mil. Hence, Evergreen Sustainable Enterprises's Days Payable for the three months ended in Dec. 2022 was 210.76.

The historical rank and industry rank for Evergreen Sustainable Enterprises's Days Payable or its related term are showing as below:

EGSE's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.835
* Ranked among companies with meaningful Days Payable only.

Evergreen Sustainable Enterprises's Days Payable declined from Dec. 2021 (870.01) to Dec. 2022 (210.76). It may suggest that Evergreen Sustainable Enterprises accelerated paying its suppliers.

Evergreen Sustainable Enterprises Days Payable Related Terms

Evergreen Sustainable Enterprises Days Payable Historical Data

* Premium members only.

The historical data trend for Evergreen Sustainable Enterprises'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.

Evergreen Sustainable Enterprises Days Payable Chart

Evergreen Sustainable Enterprises Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.85 0.00 0.00 541.35 281.56

Evergreen Sustainable Enterprises Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 870.01 882.95 644.87 267.68 210.76

EGSE vs BBBT, UBQU, BLMS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Evergreen Sustainable Enterprises'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.

Evergreen Sustainable Enterprises Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Evergreen Sustainable Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where Evergreen Sustainable Enterprises's Days Payable falls into.


Evergreen Sustainable Enterprises 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.

Evergreen Sustainable Enterprises'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
=( (0.883 + 0.686) / 2 ) / 1.017*365
=0.7845 / 1.017*365
=281.56

Evergreen Sustainable Enterprises's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (1.037 + 0.686) / 2 ) / 0.373*365 / 4
=0.8615 / 0.373*365 / 4
=210.76

* 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 210.76 mean?
Evergreen Sustainable Enterprises (EGSE) has a Days Payable of 210.76 as of Dec. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Evergreen Sustainable Enterprises and its competitors.
Is Evergreen Sustainable Enterprises' Days Payable too high?
Evergreen Sustainable Enterprises' current Days Payable is 210.76. The Drug Manufacturers industry median Days Payable is 90.84. Evergreen Sustainable Enterprises' value of 210.76 is 132% above this industry median.
How does Evergreen Sustainable Enterprises' Days Payable compare to BBBT and UBQU?
Evergreen Sustainable Enterprises' Days Payable of 210.76 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.84. Evergreen Sustainable Enterprises' value of 210.76 is 132% 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.84, based on 920 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. Evergreen Sustainable Enterprises's current Days Payable of 210.76 is 132% 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 Evergreen Sustainable Enterprises and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Sustainable Enterprises's current Days Payable is 210.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Sustainable Enterprises stock overvalued right now?
Evergreen Sustainable Enterprises (EGSE) has a current Days Payable of 210.76. The current Days Payable is 210.76 and 132% above the Drug Manufacturers industry median of 90.84. 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 Evergreen Sustainable Enterprises (EGSE), the current Days Payable is 210.76 as of Dec. 2022. 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.

Evergreen Sustainable Enterprises Business Description

Address 8533 Midway Road, Dallas, TX, USA, 75209
Evergreen Sustainable Enterprises Inc is a sustainable green energy company with a vision of developing sustainable solutions within the industry. It operates in both the Bitcoin mining industry and the hemp industry.