GETR (Getaround) Days Payable: 364.60 (As of Sep. 2024)


What is Getaround Days Payable?

Getaround GETR Days Payable is 364.60 as of Sep. 2024.

Getaround's average Accounts Payable for the three months ended in Sep. 2024 was $6.90 Mil. Getaround's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.73 Mil. Hence, Getaround's Days Payable for the three months ended in Sep. 2024 was 364.60.

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

GETR's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.955
* Ranked among companies with meaningful Days Payable only.

Getaround's Days Payable declined from Sep. 2023 (468.52) to Sep. 2024 (364.60). It may suggest that Getaround accelerated paying its suppliers.

Getaround Days Payable Historical Data

* Premium members only.

The historical data trend for Getaround'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.

Getaround Days Payable Chart

Getaround Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
183.88 273.36 295.94 515.17

Getaround Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 468.52 753.71 614.30 495.63 364.60

GETR vs EHVVF, FMTOF, FYNN: Days Payable Comparison

For the Software - Application subindustry, Getaround'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.

Getaround Days Payable vs Software Industry

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

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


Getaround 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.

Getaround'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
=( (3.652 + 15.552) / 2 ) / 6.803*365
=9.602 / 6.803*365
=515.17

Getaround's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (7.401 + 6.408) / 2 ) / 1.728*365 / 4
=6.9045 / 1.728*365 / 4
=364.60

* 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 364.60 mean?
Getaround (GETR) has a Days Payable of 364.60 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Getaround and its competitors.
Is Getaround's Days Payable too high?
Getaround's current Days Payable is 364.60. The Software industry median Days Payable is 53.96. Getaround's value of 364.60 is 575.7% above this industry median.
How does Getaround's Days Payable compare to EHVVF and FMTOF?
Getaround's Days Payable of 364.60 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. Getaround's value of 364.60 is 575.7% 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 Software company?
The median Days Payable among Software companies is 53.96, based on 2,602 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. Getaround's current Days Payable of 364.60 is 575.7% 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 Getaround and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Getaround's current Days Payable is 364.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Getaround stock overvalued right now?
Getaround (GETR) has a current Days Payable of 364.60. The current Days Payable is 364.60 and 575.7% above the Software industry median of 53.96. 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 Getaround (GETR), the current Days Payable is 364.60 as of Sep. 2024. 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.

Getaround Business Description

Address 55 Green Street, San Francisco, CA, USA, 94111
Getaround Inc operates as a developer of a carsharing platform designed to instantly access and drive cars shared by people. The company's platform provides users with simple on-demand car rentals. Getaround's on-demand technology enables a contactless experience no waiting in line at a car rental facility, manually completing paperwork, or meeting anyone to collect or drop off car keys. It derives maximum revenue from United States.