GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » GreenPower Motor Company Inc (TSXV:GPV) » Definitions » Days Payable

GreenPower Motor Company (TSXV:GPV) Days Payable : 53.61 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is GreenPower Motor Company Days Payable?

GreenPower Motor Company's average Accounts Payable for the three months ended in Dec. 2023 was C$5.36 Mil. GreenPower Motor Company's Cost of Goods Sold for the three months ended in Dec. 2023 was C$9.13 Mil. Hence, GreenPower Motor Company's Days Payable for the three months ended in Dec. 2023 was 53.61.

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

TSXV:GPV' s Days Payable Range Over the Past 10 Years
Min: 35.78   Med: 117895   Max: 117895
Current: 35.78

During the past 13 years, GreenPower Motor Company's highest Days Payable was 117895.00. The lowest was 35.78. And the median was 117895.00.

TSXV:GPV's Days Payable is ranked worse than
90.73% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 72.84 vs TSXV:GPV: 35.78

GreenPower Motor Company's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (53.61). It may suggest that GreenPower Motor Company delayed paying its suppliers.


GreenPower Motor Company Days Payable Historical Data

The historical data trend for GreenPower Motor Company'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.

GreenPower Motor Company Days Payable Chart

GreenPower Motor Company Annual Data
Trend Feb14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

GreenPower Motor Company 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 - - 26.32 51.58 53.61

Competitive Comparison of GreenPower Motor Company's Days Payable

For the Farm & Heavy Construction Machinery subindustry, GreenPower Motor Company'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.


GreenPower Motor Company's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, GreenPower Motor Company's Days Payable distribution charts can be found below:

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



GreenPower Motor Company 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.

GreenPower Motor Company's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 44.396*365
=0 / 44.396*365
=0.00

GreenPower Motor Company'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
=( (5.362 + 0) / 1 ) / 9.127*365 / 4
=5.362 / 9.127*365 / 4
=53.61

* 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.


GreenPower Motor Company Days Payable Related Terms

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


GreenPower Motor Company (TSXV:GPV) Business Description

Traded in Other Exchanges
Address
209 Carrall Street, Suite 240, Vancouver, BC, CAN, V6B 2J2
GreenPower Motor Company Inc is the manufacturer and distributor of all-electric charter, school and city buses. The company offers electric-powered transit buses deploying electric drive and battery technologies with a lightweight chassis and low-floor body. Its product line includes All-electric transit buses and All-electric school and shuttle buses. The company's buses depend on clean sheet design and utilise a custom battery management system and a proprietary flex power system for the drive motors. The company operates in one reportable operating segment, being the manufacture and distribution of all-electric transit, school, and charter buses.
Executives
Malcolm Clay Director

GreenPower Motor Company (TSXV:GPV) Headlines

No Headlines