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Lobo EV Technologies (Lobo EV Technologies) Days Payable : 0.00 (As of Dec. 2023)


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What is Lobo EV Technologies Days Payable?

Lobo EV Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $0.85 Mil. Lobo EV Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

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

During the past 4 years, Lobo EV Technologies's highest Days Payable was 61.77. The lowest was 31.76. And the median was 36.47.

LOBO's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 65.87
* Ranked among companies with meaningful Days Payable only.

Lobo EV Technologies's Days Payable stayed the same from Dec. 2021 (0.00) to Dec. 2023 (0.00). stayed the same


Lobo EV Technologies Days Payable Historical Data

The historical data trend for Lobo EV Technologies'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.

Lobo EV Technologies Days Payable Chart

Lobo EV Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
61.77 35.45 31.76 37.48

Lobo EV Technologies Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial - - - - -

Competitive Comparison of Lobo EV Technologies's Days Payable

For the Auto Manufacturers subindustry, Lobo EV Technologies'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.


Lobo EV Technologies's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Lobo EV Technologies's Days Payable falls into.



Lobo EV Technologies 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.

Lobo EV Technologies'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
=( (1.795 + 0.93) / 2 ) / 13.267*365
=1.3625 / 13.267*365
=37.48

Lobo EV Technologies'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.762 + 0.93) / 2 ) / 0*365 / 4
=0.846 / 0*365 / 4
=N/A

* 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.


Lobo EV Technologies Days Payable Related Terms

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Lobo EV Technologies (Lobo EV Technologies) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Lobo EV Technologies Ltd is an electric vehicles manufacturer and seller company. It design, develop, manufacture and sell e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons, also provide automobile information and entertainment software development and design services to customers. The company operates in two operating segments: Electric vehicles and accessories sales, and software royalties and development and design services.

Lobo EV Technologies (Lobo EV Technologies) Headlines