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ADM Endeavors (ADM Endeavors) Days Payable : 6.57 (As of Dec. 2023)


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What is ADM Endeavors Days Payable?

ADM Endeavors's average Accounts Payable for the three months ended in Dec. 2023 was $0.07 Mil. ADM Endeavors's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.98 Mil. Hence, ADM Endeavors's Days Payable for the three months ended in Dec. 2023 was 6.57.

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

ADMQ' s Days Payable Range Over the Past 10 Years
Min: 1.19   Med: 15.36   Max: 1243.7
Current: 21.81

During the past 10 years, ADM Endeavors's highest Days Payable was 1243.70. The lowest was 1.19. And the median was 15.36.

ADMQ's Days Payable is ranked worse than
76.36% of 922 companies
in the Business Services industry
Industry Median: 47.445 vs ADMQ: 21.81

ADM Endeavors's Days Payable declined from Dec. 2022 (7.01) to Dec. 2023 (6.57). It may suggest that ADM Endeavors accelerated paying its suppliers.


ADM Endeavors Days Payable Historical Data

The historical data trend for ADM Endeavors'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.

ADM Endeavors Days Payable Chart

ADM Endeavors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.62 1.44 1.19 4.49 6.34

ADM Endeavors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.01 37.26 50.21 20.69 6.57

Competitive Comparison of ADM Endeavors's Days Payable

For the Specialty Business Services subindustry, ADM Endeavors'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.


ADM Endeavors's Days Payable Distribution in the Business Services Industry

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

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



ADM Endeavors 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.

ADM Endeavors'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
=( (0.072 + 0.056) / 2 ) / 3.682*365
=0.064 / 3.682*365
=6.34

ADM Endeavors's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.085 + 0.056) / 2 ) / 0.979*365 / 4
=0.0705 / 0.979*365 / 4
=6.57

* 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.


ADM Endeavors Days Payable Related Terms

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ADM Endeavors (ADM Endeavors) Business Description

Traded in Other Exchanges
N/A
Address
5941 Posey Lane, Haltom City, TX, USA, 76117
ADM Endeavors Inc operates a diverse vertical integrated business, which consists of a retail sales division, focusing on screen print promotions, embroidery production, digital production, import wholesale sourcing, and uniforms.
Executives
Marc Johnson director, 10 percent owner, officer: CEO 2709-25 CAPREOL COURT, TORONTO A6 M5V3Z7
Sarah Ethan Nelson director, officer: COO 5941 POSEY LANE, HALTOM TX 76117
Motasem Khanfur officer: CFO 5941 POSEY LANE, HALTOM CITY TX 76117