EVmo (YAYO) Days Payable : 58.86 (As of Mar. 2023)

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What is EVmo Days Payable?

EVmo's average Accounts Payable for the three months ended in Mar. 2023 was $2.12 Mil. EVmo's Cost of Goods Sold for the three months ended in Mar. 2023 was $3.29 Mil. Hence, EVmo's Days Payable for the three months ended in Mar. 2023 was 58.86.

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

YAYO's Days Payable is not ranked ^*
in the Business Services industry.
Industry Median: 47.73
* Ranked among companies with meaningful Days Payable only.

EVmo's Days Payable declined from Mar. 2022 (126.23) to Mar. 2023 (58.86). It may suggest that EVmo accelerated paying its suppliers.

EVmo Days Payable Historical Data

The historical data trend for EVmo'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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EVmo Days Payable Chart

EVmo Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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62.96

49.35

59.02

105.44

101.85

EVmo Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Payable	Get a 7-Day Free Trial															126.23	52.47	37.47	42.90	58.86

Competitive Comparison of EVmo's Days Payable

For the Rental & Leasing Services subindustry, EVmo'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.

EVmo's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, EVmo's Days Payable distribution charts can be found below:

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

EVmo 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.

EVmo'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
=	( (3.784	+	1.835)	/	2 )	/	10.068	*	365
=	2.8095					/	10.068	*	365
=	101.85

EVmo's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (1.835	+	2.408)	/	2 )	/	3.289	*	365 / 4
=	2.1215					/	3.289	*	365 / 4
=	58.86

EVmo Days Payable Related Terms

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

EVmo (YAYO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » EVmo Inc (OTCPK:YAYO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3201 N. Sepulveda boulevard, Manhattan Beach, CA, USA, 90266

Website

https://www.evmo.com

EVmo Inc is a technology-related car rental company. The company owns and maintains a fleet of new cars and provides them on a rental basis to rideshare drivers. The business is spread across the United States of America.

Executives

John Patrick O'neill	director	C/O YAYYO, INC., 433 N. CAMDEN DRIVE, SUITE 600, BEVERLY HILLS CA 90210
Stephen M. Sanchez	director	C/O YAYYO, INC., 433 N. CAMDEN DRIVE, SUITE 600, BEVERLY HILLS CA 90210
Terren S Peizer	director, 10 percent owner, officer: Exe. Cha. of the Board of Dir.	11111 SANTA MONICABLVD STE.500, LOS ANGELES CA 90025
Ryan Christopher Saathoff	officer: Chief Financial Officer	3556 RYAN DR., ESCONDIDO CA 92025
Bitnile Holdings, Inc.	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Gray Mars Venus Trust, Arizona 2015	10 percent owner	433 N. CAMDEN DRIVE, SUITE 600, BEVERLY HILLS CA 90210
Batrawi Ramy El	director, officer: Chief Executive Officer	C/O YAYYO, INC., 433 N. CAMDEN DRIVE, SUITE 600, BEVERLY HILLS CA 90210
Acuitas Group Holdings, Llc	10 percent owner	2120 COLORADO AVENUE, #230, SANTA MONICA CA 90404
John Gray	10 percent owner	75 AVON AVENUE, MILL VALLEY CA 94941
Harbant Sidhu	director	433 N. CAMDEN DRIVE, SUITE 600, BEVERLY HILLS CA 90210
Ryan Saathoff	officer: Chief Financial Officer	433 N. CAMDEN DRIVE, SUITE 600, BEVERLY HILLS CA 90210
Douglas M. Mox	director	C/O YAYYO, INC., 433 N. CAMDEN DRIVE, SUITE 600, BEVERLY HILLS CA 90210
Boyd Bishop	officer: President	C/O YAYYO, INC., 433 N. CAMDEN DRIVE, SUITE 600, BEVERLY HILLS CA 90210
David Haley	10 percent owner	433 N. CAMDEN DRIVE, SUITE 600, BEVERLY HILLS CA 90210
Laurie Digiovanni	officer: Chief Operating Officer	433 N. CAMDEN DRIVE, SUITE 600, BEVERLY HILLS CA 90210