EVGRF (China Evergrande New Energy Vehicle Group) Days Payable: 49,102.04 (As of Jun. 2024)


EVGRF China Evergrande New Energy Vehicle Group Ltd EVGRF
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What is China Evergrande New Energy Vehicle Group Days Payable?

China Evergrande New Energy Vehicle Group EVGRF 4 Days Payable is 49,102.04 as of Jun. 2024. GuruFocus rates EVGRF with a GF Score™ of 4/100.

China Evergrande New Energy Vehicle Group's average Accounts Payable for the six months ended in Jun. 2024 was $1,333.2 Mil. China Evergrande New Energy Vehicle Group's Cost of Goods Sold for the six months ended in Jun. 2024 was $5.0 Mil. Hence, China Evergrande New Energy Vehicle Group's Days Payable for the six months ended in Jun. 2024 was 49,102.04.

The historical rank and industry rank for China Evergrande New Energy Vehicle Group's Days Payable or its related term are showing as below:

EVGRF's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 58.205
* Ranked among companies with meaningful Days Payable only.

China Evergrande New Energy Vehicle Group's Days Payable increased from Jun. 2023 (9,351.52) to Jun. 2024 (49,102.04). It may suggest that China Evergrande New Energy Vehicle Group delayed paying its suppliers.


China Evergrande New Energy Vehicle Group Days Payable Related Terms


China Evergrande New Energy Vehicle Group Days Payable Historical Data

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The historical data trend for China Evergrande New Energy Vehicle Group'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.

China Evergrande New Energy Vehicle Group Days Payable Chart

China Evergrande New Energy Vehicle Group Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 904.29 742.35 59,385.37 44,944.79 2,679.46

China Evergrande New Energy Vehicle Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 242,836.22 27,472.71 9,351.52 1,619.93 49,102.04

EVGRF vs JYNT, AONC, TOI: Days Payable Comparison

For the Medical Care Facilities subindustry, China Evergrande New Energy Vehicle Group'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.


China Evergrande New Energy Vehicle Group Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, China Evergrande New Energy Vehicle Group's Days Payable distribution charts can be found below:

* The bar in red indicates where China Evergrande New Energy Vehicle Group's Days Payable falls into.


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China Evergrande New Energy Vehicle Group Ltd EVGRF
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China Evergrande New Energy Vehicle Group 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.

China Evergrande New Energy Vehicle Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1509.95 + 1351.022) / 2 ) / 194.863*365
=1430.486 / 194.863*365
=2,679.46

China Evergrande New Energy Vehicle Group's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (1351.022 + 1315.286) / 2 ) / 4.955*365 / 2
=1333.154 / 4.955*365 / 2
=49,102.04

* 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 49,102.04 mean?
China Evergrande New Energy Vehicle Group (EVGRF) has a Days Payable of 49,102.04 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Evergrande New Energy Vehicle Group and its competitors.
Is China Evergrande New Energy Vehicle Group's Days Payable too high?
China Evergrande New Energy Vehicle Group's current Days Payable is 49,102.04. The Healthcare Providers & Services industry median Days Payable is 58.21. China Evergrande New Energy Vehicle Group's value of 49,102.04 is 84260.5% above this industry median. Overall, China Evergrande New Energy Vehicle Group has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does China Evergrande New Energy Vehicle Group's Days Payable compare to JYNT and AONC?
China Evergrande New Energy Vehicle Group's Days Payable of 49,102.04 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 58.21. China Evergrande New Energy Vehicle Group's value of 49,102.04 is 84260.5% 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 58.21, based on 606 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. China Evergrande New Energy Vehicle Group's current Days Payable of 49,102.04 is 84260.5% 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 China Evergrande New Energy Vehicle Group and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Evergrande New Energy Vehicle Group's current Days Payable is 49,102.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Evergrande New Energy Vehicle Group stock overvalued right now?
China Evergrande New Energy Vehicle Group (EVGRF) has a current Days Payable of 49,102.04. The current Days Payable is 49,102.04 and 84260.5% above the Healthcare Providers & Services industry median of 58.21. China Evergrande New Energy Vehicle Group's overall GF Score™ is 4/100. 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 China Evergrande New Energy Vehicle Group (EVGRF), the current Days Payable is 49,102.04 as of Jun. 2024. 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.

China Evergrande New Energy Vehicle Group Business Description

Address No. 78 Huangpu Avenue West, 28th Floor, Evergrande International Center, Guangdong Province, Guangzhou, CHN, 510620
China Evergrande New Energy Vehicle Group Ltd is engaged in the technology research and development, production, and sales of new energy vehicles. It is also involved in community health management, international hospitals, and the elderly care and rehabilitation business. The company's operating segments include Health Management and New Energy Vehicle. It generates most of its revenues from Health Management segment.
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