EZRG (EZRaider Co) Days Payable: 1,468.61 (As of Jun. 2022)


EZRG EZRaider Co EZRG
18 GF Score
Price $1.00
View Full Analysis

What is EZRaider Co Days Payable?

EZRaider Co EZRG 18 Days Payable is 1,468.61 as of Jun. 2022. GuruFocus rates EZRG with a GF Score™ of 18/100.

EZRaider Co's average Accounts Payable for the three months ended in Jun. 2022 was $0.85 Mil. EZRaider Co's Cost of Goods Sold for the three months ended in Jun. 2022 was $0.05 Mil. Hence, EZRaider Co's Days Payable for the three months ended in Jun. 2022 was 1,468.61.

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

EZRG's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 71.76
* Ranked among companies with meaningful Days Payable only.

EZRaider Co's Days Payable increased from Feb. 2021 (0.00) to Jun. 2022 (1,468.61). It may suggest that EZRaider Co delayed paying its suppliers.

EZRaider Co Days Payable Historical Data

* Premium members only.

The historical data trend for EZRaider Co'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.

EZRaider Co Days Payable Chart

EZRaider Co Annual Data
Trend Feb20
Days Payable
0.00

EZRaider Co Quarterly Data
Aug20 Nov20 Feb21 Aug21 Nov21 Mar22 Jun22
Days Payable Get a 7-Day Free Trial 0.00 0.00 371.52 245.80 1,468.61

EZRG vs HMCO, ACDI, ESM: Days Payable Comparison

For the Shell Companies subindustry, EZRaider Co'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.

EZRaider Co Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, EZRaider Co's Days Payable distribution charts can be found below:

* The bar in red indicates where EZRaider Co's Days Payable falls into.


EZRG
18GF Score
EZRaider Co EZRG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EZRaider Co 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.

EZRaider Co's Days Payable for the fiscal year that ended in Feb. 2020 is calculated as

Days Payable (A: Feb. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: Feb. 2020 )) / count ) / Cost of Goods Sold (A: Feb. 2020 )*Days in Period
=( ( + 0) / 1 ) / 0.231*365
=0 / 0.231*365
=0.00

EZRaider Co's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (0.966 + 0.74) / 2 ) / 0.053*365 / 4
=0.853 / 0.053*365 / 4
=1,468.61

* 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 1,468.61 mean?
EZRaider Co (EZRG) has a Days Payable of 1,468.61 as of Jun. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on EZRaider Co and its competitors.
Is EZRaider Co's Days Payable too high?
EZRaider Co's current Days Payable is 1,468.61. The Diversified Financial Services industry median Days Payable is 71.76. EZRaider Co's value of 1,468.61 is 1946.6% above this industry median. Overall, EZRaider Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does EZRaider Co's Days Payable compare to HMCO and ACDI?
EZRaider Co's Days Payable of 1,468.61 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 71.76. EZRaider Co's value of 1,468.61 is 1946.6% 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 71.76, based on 82 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. EZRaider Co's current Days Payable of 1,468.61 is 1946.6% 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 EZRaider Co and its competitors. For the Diversified Financial Services industry, the median Days Payable is 71.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EZRaider Co's current Days Payable is 1,468.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EZRaider Co stock overvalued right now?
EZRaider Co (EZRG) has a current Days Payable of 1,468.61. The current Days Payable is 1,468.61 and 1946.6% above the Diversified Financial Services industry median of 71.76. EZRaider Co's overall GF Score™ is 18/100. 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 EZRaider Co (EZRG), the current Days Payable is 1,468.61 as of Jun. 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.

EZRaider Co Business Description

Address 1303 Central Avenue South, Unit D, Kent, WA, USA, 98032
EZRaider Co engages in providing manned tactical electric vehicles. Its products include EZRaider LW, EZRaider HD2, EZRaider HD4, and EZRaider E Cart HD.
18GF Score

Get the complete analysis for EZRG

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.00
Price