Emerge Commerce (Emerge Commerce) Days Payable : 273.68 (As of Sep. 2023)

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What is Emerge Commerce Days Payable?

Emerge Commerce's average Accounts Payable for the three months ended in Sep. 2023 was $5.92 Mil. Emerge Commerce's Cost of Goods Sold for the three months ended in Sep. 2023 was $1.97 Mil. Hence, Emerge Commerce's Days Payable for the three months ended in Sep. 2023 was 273.68.

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

EMCMF' s Days Payable Range Over the Past 10 Years
Min: 112.66 Med: 911.48 Max: 3369.27
Current: 112.66

During the past 4 years, Emerge Commerce's highest Days Payable was 3369.27. The lowest was 112.66. And the median was 911.48.

EMCMF's Days Payable is ranked better than
79.22% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.405 vs EMCMF: 112.66

Emerge Commerce's Days Payable declined from Sep. 2022 (284.78) to Sep. 2023 (273.68). It may suggest that Emerge Commerce accelerated paying its suppliers.

Emerge Commerce Days Payable Historical Data

The historical data trend for Emerge Commerce'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.

Emerge Commerce Days Payable Chart

Emerge Commerce Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

3,370.67

1,596.47

207.96

129.07

Emerge Commerce Quarterly Data
	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												284.78	47.68	274.17	254.22	273.68

Competitive Comparison of Emerge Commerce's Days Payable

For the Internet Retail subindustry, Emerge Commerce'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.

Emerge Commerce's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emerge Commerce's Days Payable distribution charts can be found below:

* The bar in red indicates where Emerge Commerce's Days Payable falls into.

Emerge Commerce 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.

Emerge Commerce'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
=	( (9.267	+	8.631)	/	2 )	/	25.307	*	365
=	8.949					/	25.307	*	365
=	129.07

Emerge Commerce'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
=	( (6.219	+	5.616)	/	2 )	/	1.973	*	365 / 4
=	5.9175					/	1.973	*	365 / 4
=	273.68

Emerge Commerce Days Payable Related Terms

Thank you for viewing the detailed overview of Emerge Commerce's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Emerge Commerce (Emerge Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Emerge Commerce Ltd (OTCPK:EMCMF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ECOM:Canada

Address

355 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5V 1S2

Website

https://www.emerge-commerce.com

Emerge Commerce Ltd is a diversified, rapidly growing acquirer and operator of e-commerce brands. The firm's network of subscription and marketplace e-commerce sites provide its members with access to pet products, premium meat and groceries, outdoor gear, golf and other experiences. Its e-commerce portfolio includes WholesalePet.com, trulocal.ca, BattlBox.com, UnderPar.com, JustGolfStuff.ca, CarinvoreClub.co, WagJag.com, and BeRightBack.ca. Geographically, the company operates in Canada and the U.S.

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