Evolv Technologies Holdings (Evolv Technologies Holdings) Days Payable : 152.07 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Evolv Technologies Holdings Days Payable?

Evolv Technologies Holdings's average Accounts Payable for the three months ended in Mar. 2024 was $16.49 Mil. Evolv Technologies Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $9.90 Mil. Hence, Evolv Technologies Holdings's Days Payable for the three months ended in Mar. 2024 was 152.07.

The historical rank and industry rank for Evolv Technologies Holdings's Days Payable or its related term are showing as below:

EVLVW' s Days Payable Range Over the Past 10 Years
Min: 82.74 Med: 139.43 Max: 363.28
Current: 141.96

During the past 5 years, Evolv Technologies Holdings's highest Days Payable was 363.28. The lowest was 82.74. And the median was 139.43.

EVLVW's Days Payable is ranked better than
82.27% of 925 companies
in the Business Services industry
Industry Median: 47.75 vs EVLVW: 141.96

Evolv Technologies Holdings's Days Payable increased from Mar. 2023 (123.46) to Mar. 2024 (152.07). It may suggest that Evolv Technologies Holdings delayed paying its suppliers.

Evolv Technologies Holdings Days Payable Historical Data

The historical data trend for Evolv Technologies 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.

* Premium members only.

Evolv Technologies Holdings Days Payable Chart

Evolv Technologies Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

173.88

363.28

98.79

82.74

139.43

Evolv Technologies Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial												123.46	132.71	159.66	123.48	152.07

Competitive Comparison of Evolv Technologies Holdings's Days Payable

For the Security & Protection Services subindustry, Evolv Technologies 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.

Evolv Technologies Holdings's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Evolv Technologies Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Evolv Technologies Holdings's Days Payable falls into.

Evolv Technologies 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.

Evolv Technologies Holdings'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
=	( (18.194	+	17.4)	/	2 )	/	46.589	*	365
=	17.797					/	46.589	*	365
=	139.43

Evolv Technologies Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (17.4	+	15.584)	/	2 )	/	9.896	*	365 / 4
=	16.492					/	9.896	*	365 / 4
=	152.07

Evolv Technologies Holdings Days Payable Related Terms

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

Evolv Technologies Holdings (Evolv Technologies Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Evolv Technologies Holdings Inc (NAS:EVLVW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EVLV:USA

Address

500 Totten Pond Road, 4th Floor, Waltham, MA, USA, 02451

Website

https://www.evolvtechnology.com

Evolv Technologies Holdings Inc offers an AI-based touchless security screening. Its touchless security screening systems use artificial intelligence software, cloud services, and advanced sensors to reliably detect dangerous weapons while ignoring harmless items like cell phones, laptops, and keys. The firm operates in a single segment that develops, manufactures, markets, and sells security screening products and specific services. Its products are used in different industries such as casinos, industrial workplaces, schools, and ticketed venues.