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EVO Payments (EVO Payments) Days Payable : 29.69 (As of Dec. 2022)


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What is EVO Payments Days Payable?

EVO Payments's average Accounts Payable for the three months ended in Dec. 2022 was $7.5 Mil. EVO Payments's Cost of Goods Sold for the three months ended in Dec. 2022 was $23.1 Mil. Hence, EVO Payments's Days Payable for the three months ended in Dec. 2022 was 29.69.

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

EVOP' s Days Payable Range Over the Past 10 Years
Min: 28.99   Med: 106.09   Max: 141.08
Current: 34.13

During the past 7 years, EVO Payments's highest Days Payable was 141.08. The lowest was 28.99. And the median was 106.09.

EVOP's Days Payable is not ranked
in the Software industry.
Industry Median: 50.65 vs EVOP: 34.13

EVO Payments's Days Payable declined from Dec. 2021 (32.46) to Dec. 2022 (29.69). It may suggest that EVO Payments accelerated paying its suppliers.


EVO Payments Days Payable Historical Data

The historical data trend for EVO Payments'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.

EVO Payments Days Payable Chart

EVO Payments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial 106.09 118.40 49.91 39.43 28.99

EVO Payments 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 32.46 32.90 40.42 38.87 29.69

Competitive Comparison of EVO Payments's Days Payable

For the Software - Infrastructure subindustry, EVO Payments'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.


EVO Payments's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, EVO Payments's Days Payable distribution charts can be found below:

* The bar in red indicates where EVO Payments's Days Payable falls into.



EVO Payments 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.

EVO Payments'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
=( (6.889 + 7.309) / 2 ) / 89.37*365
=7.099 / 89.37*365
=28.99

EVO Payments'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
=( (7.719 + 7.309) / 2 ) / 23.092*365 / 4
=7.514 / 23.092*365 / 4
=29.69

* 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.


EVO Payments Days Payable Related Terms

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


EVO Payments (EVO Payments) Business Description

Traded in Other Exchanges
N/A
Address
Ten Glenlake Parkway, Suite 950, South Tower, Atlanta, GA, USA, 30328
EVO Payments Inc provides card-based payment processing services to small and middle market merchants, multinational corporations, government agencies, and other business and nonprofit enterprises located throughout the Americas and Europe. The company offers payment transaction processing, fraud & loss prevention, cashback, accelerated funding, currency conversion, loyalty programs, and receivables management services. The firm operates its business through two segments: the Americas and Europe. It offers merchant acquiring solutions, including integrated solutions for retail transactions at physical business locations, as well as eCommerce and mobile transactions.
Executives
Kelli Sterrett officer: EVP, GC and Secretary 10 GLENLAKE PARKWAY SOUTH TOWER, SUITE 950, ATLANTA GA 30328
Nikki Tinsley Harland director 10 GLENLAKE PARKWAY, SOUTH TOWER, ATLANTA GA 30328
Mark A Chancy director 303 PEACHTREE ST., 30TH FLOOR, ATLANTA GA 30308
David Wayne Leeds director TEN GLENLAKE PARKWAY, SOUTH TOWER, SUITE 950, ATLANTA GA 30328
Anthony J. Radesca officer: SVP, Chief Accounting Officer 520 MADISON AVENUE, NEW YORK NY 10022
Laura Marie Miller director 320 QUIET WATER LANE, ATLANTA GA 30350
Stacey J. Panayiotou director 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Thomas E Panther officer: Chief Financial Officer 10 GLENLAKE PARKWAY, SOUTH TOWER, SUITE 950, ATLANTA GA 30328
Darren Wilson director TEN GLENLAKE PARKWAY, SOUTH TOWER, SUITE 950, ATLANTA GA 30309
Michael L Reidenbach officer: EVP, CIO TEN GLENLAKE PARKWAY, SOUTH TOWER, SUITE 950, ATLANTA GA 30309
James G Kelly director, officer: Chief Executive Officer
Brendan F Tansill officer: President, North America TEN GLENLAKE PARKWAY, SOUTH TOWER, SUITE 950, ATLANTA GA 30309
De Groot Steven J officer: EVP, GC and Secretary TEN GLENLAKE PARKWAY, SOUTH TOWER, SUITE 950, ATLANTA GA 30309
Catherine H Lafiandra officer: Chief HR Officer 600 GALLERIA PARKWAY, SUITE 100, ATLANTA GA 30339
David L Goldman officer: See Remarks TEN GLENLAKE PARKWAY, SOUTH TOWER, SUITE 950, ATLANTA GA 30309

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