GEGI (Genesis Electronics Group) Days Payable: 0.00 (As of Jun. 2023)


What is Genesis Electronics Group Days Payable?

Genesis Electronics Group GEGI -99.00% Days Payable is 0.00 as of Jun. 2023.

Genesis Electronics Group's average Accounts Payable for the six months ended in Jun. 2023 was $0.00 Mil. Genesis Electronics Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.00 Mil.

The historical rank and industry rank for Genesis Electronics Group's Days Payable or its related term are showing as below:

GEGI's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 67.02
* Ranked among companies with meaningful Days Payable only.

Genesis Electronics Group's Days Payable declined from Jun. 2011 (2,401.02) to Jun. 2023 (0.00). It may suggest that Genesis Electronics Group accelerated paying its suppliers.

Genesis Electronics Group Days Payable Historical Data

* Premium members only.

The historical data trend for Genesis Electronics 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.

Genesis Electronics Group Days Payable Chart

Genesis Electronics Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 3,316.74 5,383.75

Genesis Electronics Group Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Jun22 Jun23
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 4,950.31 4,288.75 2,401.02 0.00 0.00

GEGI vs VLCN, TSLA, STLA: Days Payable Comparison

For the Auto Manufacturers subindustry, Genesis Electronics 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.

Genesis Electronics Group Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Genesis Electronics Group's Days Payable falls into.


Genesis Electronics 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.

Genesis Electronics Group's Days Payable for the fiscal year that ended in Dec. 2010 is calculated as

Days Payable (A: Dec. 2010 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2009 ) + Accounts Payable (A: Dec. 2010 )) / count ) / Cost of Goods Sold (A: Dec. 2010 )*Days in Period
=( (0.265 + 0.207) / 2 ) / 0.016*365
=0.236 / 0.016*365
=5,383.75

Genesis Electronics Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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 0.00 mean?
Genesis Electronics Group (GEGI) has a Days Payable of 0.00 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Genesis Electronics Group and its competitors.
Is Genesis Electronics Group's Days Payable too high?
Genesis Electronics Group's current Days Payable is 0.00.
How does Genesis Electronics Group's Days Payable compare to VLCN and TSLA?
Genesis Electronics Group's Days Payable of 0.00 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.02. 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 67.02, based on 1,309 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. 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 Genesis Electronics Group and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genesis Electronics Group's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genesis Electronics Group stock overvalued right now?
Genesis Electronics Group (GEGI) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Genesis Electronics Group (GEGI), the current Days Payable is 0.00 as of Jun. 2023. 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.

Genesis Electronics Group Business Description

Address 26 S Rio Grande St No.2072, Salt lake, UT, USA, 84101
Genesis Electronics Group Inc, through Its wholly-owned subsidiary Glid, is building the first of Its kind autonomous road-to-rail shipping vehicles called Gliders. Gliders will enable fully-loaded semi-trailers access to rails where traditionally it didn't make sense. Genesis Electronics Group plans on owning and operating each Glider in its fleet and providing a "Glider-as-a-Service" business model.