Gores Holdings IV (Gores Holdings IV) Days Payable : 438.44 (As of Mar. 2021)

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What is Gores Holdings IV Days Payable?

Gores Holdings IV's average Accounts Payable for the three months ended in Mar. 2021 was $1,185.50 Mil. Gores Holdings IV's Cost of Goods Sold for the three months ended in Mar. 2021 was $246.73 Mil. Hence, Gores Holdings IV's Days Payable for the three months ended in Mar. 2021 was 438.44.

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

GHIVU' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1753.76
Current: 1753.76

During the past 2 years, Gores Holdings IV's highest Days Payable was 1753.76. The lowest was 0.00. And the median was 0.00.

GHIVU's Days Payable is not ranked
in the Banks industry.
Industry Median: 61.56 vs GHIVU: 1753.76

Gores Holdings IV's Days Payable increased from Mar. 2020 (0.00) to Mar. 2021 (438.44). It may suggest that Gores Holdings IV delayed paying its suppliers.

Gores Holdings IV Days Payable Historical Data

The historical data trend for Gores Holdings IV'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.

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Gores Holdings IV Days Payable Chart

Gores Holdings IV Annual Data

Trend

Dec19

Dec20

Days Payable

Gores Holdings IV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Days Payable	Get a 7-Day Free Trial			-	-	-	-	438.44

Competitive Comparison of Gores Holdings IV's Days Payable

For the Mortgage Finance subindustry, Gores Holdings IV'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.

Gores Holdings IV's Days Payable Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Gores Holdings IV's Days Payable distribution charts can be found below:

* The bar in red indicates where Gores Holdings IV's Days Payable falls into.

Gores Holdings IV 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.

Gores Holdings IV's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Gores Holdings IV's Days Payable for the quarter that ended in Mar. 2021 is calculated as:

	Days Payable (Q: Mar. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2020 )	+	Accounts Payable (Q: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2021 )	*	Days in Period
=	( (0	+	1185.499)	/	1 )	/	246.731	*	365 / 4
=	1185.499					/	246.731	*	365 / 4
=	438.44

Gores Holdings IV Days Payable Related Terms

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Gores Holdings IV (Gores Holdings IV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gores Holdings IV Inc (NAS:GHIVU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

585 South Boulevard E, Pontiac, MI, USA, 48341

Website

https://www.uwm.com

UWM Holdings Corp operates as a residential mortgage lender and the wholesale mortgage lender. The company provides independent mortgage advisors across the states and the district of Columbia. The firm also offers training, technology, marketing support, and more to help the entrepreneurial partners.

Executives

Alec E Gores	director, 10 percent owner	10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Aeg Holdings, Llc	director, 10 percent owner	6260 LOOKOUT RD., BOULDER CO 80301
Gores Sponsor Iv Llc	director, 10 percent owner	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Jeffrey Gene Rea	director	C/O STOCK BUILDING SUPPLY HOLDINGS, INC., 8020 ARCO CORPORATE DRIVE, SUITE 400, RALEIGH NC 27617
Mark Stone	officer: Chief Executive Officer	10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Andrew Mcbride	officer: CFO & Secretary	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Patton William B Jr	director
Randy Bort	director	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201