GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vivic Corp (OTCPK:VIVC) » Definitions » Days Payable

Vivic (VIVC) Days Payable : 7.41 (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Vivic Days Payable?

Vivic's average Accounts Payable for the three months ended in Jun. 2024 was $0.14 Mil. Vivic's Cost of Goods Sold for the three months ended in Jun. 2024 was $1.75 Mil. Hence, Vivic's Days Payable for the three months ended in Jun. 2024 was 7.41.

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

VIVC' s Days Payable Range Over the Past 10 Years
Min: 5.75   Med: 555.21   Max: 1095
Current: 5.75

During the past 6 years, Vivic's highest Days Payable was 1095.00. The lowest was 5.75. And the median was 555.21.

VIVC's Days Payable is ranked worse than
97.88% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs VIVC: 5.75

Vivic's Days Payable increased from Jun. 2023 (0.00) to Jun. 2024 (7.41). It may suggest that Vivic delayed paying its suppliers.

Vivic Days Payable Historical Data

The historical data trend for Vivic'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.

* Premium members only.

Vivic Days Payable Chart

Vivic Annual Data
Trend Apr17 Apr18 Apr19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial - - 1,095.00 15.42 -

Vivic Quarterly Data
Apr19 Jul19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 4.57 0.26 0.28 7.41

Competitive Comparison of Vivic's Days Payable

For the Recreational Vehicles subindustry, Vivic'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.

Vivic's Days Payable Distribution in the Vehicles & Parts Industry

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

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


Vivic 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.

Vivic'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
=( (0.019 + 0) / 1 ) / 0*365
=0.019 / 0*365
=N/A

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

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0 + 0.142) / 1 ) / 1.749*365 / 4
=0.142 / 1.749*365 / 4
=7.41

* 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.

Vivic Days Payable Related Terms

Thank you for viewing the detailed overview of Vivic's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Vivic Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vivic Corp (OTCPK:VIVC) » Definitions » Days Payable
Comparable Companies
IGC CDJM EFSH SIGN GTLL IRNS PTEEF SPGX CIRX OBCI HON MMM ADX:ALPHADHABI TSE:8058 TSE:6501 TSE:8001 TSE:8031 HKSE:00267 HKSE:00001 TSE:8002
Traded in Other Exchanges
N/A
Address
187 E. Warm Spring Road, PMB No. B450, Las Vegas, NV, USA, 89119-4112
Website
https://www.vivicyacht.com
Vivic Corp is engaged in the research and development of yacht manufacturing using new energy-saving technology. It includes yacht sales, marine tourism, development of electric-powered yachts, development and operation of yacht marinas in Asia and the development of a yacht rental and time share service.
Executives
Cheng-hsing Hsu director, officer: CFO NO. 97, YUNONG 3 ST.,, EASTERN DIST., TAINAN F5 701
Cheng-lung Soong director, officer: Secretary 10F, NO. 59, LN. 112, JIHU RD.,, ZHONGSHAN DIST., TAIPEI F5 104
Huilan Chen director 1091 RISING MOON TRAIL, SNELLVILLE GA 30078
Go Right Holdings Ltd. 10 percent owner NO. 7, ALY. 1, LN. 143 SEC. 2 LIN-AN RD., NORTH DIST., TAINAN F5 704
Kung Hwang Liu Shiang director NO. 7, ALY. 1, LN. 143 SEC. 2 LIN-AN RD., NORTH DIST., TAINAN F5 704
Honetech Inc. 10 percent owner NO. 196, FUSHOU ST., XINZHUANG DIST., NEW TAIPEI F5 242
Yun-kuang Kung officer: CEO NO. 12-1, XIAOXIMEN, NEIGHBORHOOD 14M, ZHUSHA VILLAGE, JINCHENG TOWNSHIP, KINMEN F5 893
Kuen-horng Tsai director, officer: Supervisor 3F, NO. 66, LN. 133, DONGFENG RD.,, NORTH DIST., TAINAN F5 704
Wen-chi Huang director, officer: President 2F., NO. 217, SEC. 2, TAIHU RD.,, JINHU TOWNSHIP, KINMEN F5 891