VEVMQ (Vicinity Motor) Days Payable: 0.00 (As of Mar. 2024)


VEVMQ Vicinity Motor Corp VEVMQ
12 GF Score
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What is Vicinity Motor Days Payable?

Vicinity Motor VEVMQ -99.00% 12 Days Payable is 0.00 as of Mar. 2024. GuruFocus rates VEVMQ with a GF Score™ of 12/100.

Vicinity Motor's average Accounts Payable for the three months ended in Mar. 2024 was $0.00 Mil. Vicinity Motor's Cost of Goods Sold for the three months ended in Mar. 2024 was $11.35 Mil. Hence, Vicinity Motor's Days Payable for the three months ended in Mar. 2024 was 0.00.

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

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

Vicinity Motor's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Vicinity Motor Days Payable Historical Data

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The historical data trend for Vicinity Motor'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.

Vicinity Motor Days Payable Chart

Vicinity Motor Annual Data
Trend Aug14 Aug15 Aug16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Vicinity Motor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

VEVMQ vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Vicinity Motor'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.

Vicinity Motor Days Payable vs Vehicles & Parts Industry

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

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


VEVMQ
12GF Score
Vicinity Motor Corp VEVMQ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vicinity Motor 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.

Vicinity Motor'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
=( (0 + 0) / 1 ) / 16.914*365
=0 / 16.914*365
=0.00

Vicinity Motor's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 11.351*365 / 4
=0 / 11.351*365 / 4
=0.00

* 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?
Vicinity Motor (VEVMQ) has a Days Payable of 0.00 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vicinity Motor and its competitors.
Is Vicinity Motor's Days Payable too high?
Vicinity Motor's current Days Payable is 0.00. Overall, Vicinity Motor has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Vicinity Motor's Days Payable compare to TSLA and GM?
Vicinity Motor's Days Payable of 0.00 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.05. 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. 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 Vicinity Motor 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. Vicinity Motor'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 Vicinity Motor stock overvalued right now?
Vicinity Motor (VEVMQ) has a current Days Payable of 0.00. The current Days Payable is 0.00. Vicinity Motor's overall GF Score™ is 12/100. 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 Vicinity Motor (VEVMQ), the current Days Payable is 0.00 as of Mar. 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.

Vicinity Motor Business Description

Address 3168 262nd Street, Aldergrove, BC, CAN, V4W 2Z6
Vicinity Motor Corp is a bus manufacturer. The company is engaged in designing, engineering, and manufacturing mid-size buses for transit authorities and commercial enterprises. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States.
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