Qev NV (FRA:7IO) Days Payable: 192.64 (As of Dec. 2022)


FRA:7IO Qev NV FRA:7IO
19 GF Score
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What is Qev NV Days Payable?

Qev NV FRA:7IO 19 Days Payable is 192.64 as of Dec. 2022. GuruFocus rates FRA:7IO with a GF Score™ of 19/100.

Qev NV's average Accounts Payable for the six months ended in Dec. 2022 was €0.13 Mil. Qev NV's Cost of Goods Sold for the six months ended in Dec. 2022 was €0.13 Mil. Hence, Qev NV's Days Payable for the six months ended in Dec. 2022 was 192.64.

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

FRA:7IO's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 67.05
* Ranked among companies with meaningful Days Payable only.

Qev NV's Days Payable declined from Dec. 2021 (3,650.00) to Dec. 2022 (192.64). It may suggest that Qev NV accelerated paying its suppliers.

Qev NV Days Payable Historical Data

* Premium members only.

The historical data trend for Qev NV'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.

Qev NV Days Payable Chart

Qev NV Annual Data
Trend Dec21 Dec22
Days Payable
1,564.29 738.03

Qev NV Semi-Annual Data
Jun21 Dec21 Jun22 Dec22
Days Payable 0.00 3,650.00 599.75 192.64

FRA:7IO vs TSLA, STLA, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Qev NV'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.

Qev NV Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Qev NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Qev NV's Days Payable falls into.


FRA:7IO
19GF Score
Qev NV FRA:7IO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Qev NV 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.

Qev NV'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
=( (0.78 + 0.231) / 2 ) / 0.25*365
=0.5055 / 0.25*365
=738.03

Qev NV'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: Jun. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (0.035 + 0.231) / 2 ) / 0.126*365 / 2
=0.133 / 0.126*365 / 2
=192.64

* 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 192.64 mean?
Qev NV (FRA:7IO) has a Days Payable of 192.64 as of Dec. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Qev NV and its competitors.
Is Qev NV's Days Payable too high?
Qev NV's current Days Payable is 192.64. The Vehicles & Parts industry median Days Payable is 67.05. Qev NV's value of 192.64 is 187.3% above this industry median. Overall, Qev NV has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Qev NV's Days Payable compare to TSLA and STLA?
Qev NV's Days Payable of 192.64 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.05. Qev NV's value of 192.64 is 187.3% 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.05, based on 1,311 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. Qev NV's current Days Payable of 192.64 is 187.3% 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 Qev NV and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qev NV's current Days Payable is 192.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qev NV stock overvalued right now?
Qev NV (FRA:7IO) has a current Days Payable of 192.64. The current Days Payable is 192.64 and 187.3% above the Vehicles & Parts industry median of 67.05. Qev NV's overall GF Score™ is 19/100. 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 Qev NV (FRA:7IO), the current Days Payable is 192.64 as of Dec. 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.

Qev NV Business Description

Address Carrer del Rec Molinar, 11, Montmelo, Barcelona, ESP, 08160
Qev NV designs, develops, manufactures, and sells electric light commercial vehicles and electric buses, as well as offering aftersales and maintenance services, and has further business lines related to electric motorsport. It sells its electric vans, trucks and buses primarily to businesses and public transport companies seeking to establish or grow their electric fleets, and is focused on serving the urban mobility and last-mile delivery markets. Under the ZEROID brand, QEV Technologies offers a zero-emission fleet that includes multiple electric van models, delivery trucks, and electric and hydrogen platforms for buses.
19GF Score

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

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