Verra Mobility (Verra Mobility) Days Payable : 734.12 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Verra Mobility Days Payable?

Verra Mobility's average Accounts Payable for the three months ended in Mar. 2024 was $77.2 Mil. Verra Mobility's Cost of Goods Sold for the three months ended in Mar. 2024 was $9.6 Mil. Hence, Verra Mobility's Days Payable for the three months ended in Mar. 2024 was 734.12.

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

VRRM' s Days Payable Range Over the Past 10 Years
Min: 464.32 Med: 617.65 Max: 1785.99
Current: 662.04

During the past 8 years, Verra Mobility's highest Days Payable was 1785.99. The lowest was 464.32. And the median was 617.65.

VRRM's Days Payable is ranked better than
96.33% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs VRRM: 662.04

Verra Mobility's Days Payable increased from Mar. 2023 (718.31) to Mar. 2024 (734.12). It may suggest that Verra Mobility delayed paying its suppliers.

Verra Mobility Days Payable Historical Data

The historical data trend for Verra Mobility'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.

Verra Mobility Days Payable Chart

Verra Mobility Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

899.51

464.32

529.99

569.27

666.03

Verra Mobility Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															718.31	663.93	638.65	666.45	734.12

Competitive Comparison of Verra Mobility's Days Payable

For the Infrastructure Operations subindustry, Verra Mobility'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.

Verra Mobility's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Verra Mobility's Days Payable distribution charts can be found below:

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

Verra Mobility 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.

Verra Mobility'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
=	( (79.869	+	78.749)	/	2 )	/	43.463	*	365
=	79.309					/	43.463	*	365
=	666.03

Verra Mobility's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (78.749	+	75.573)	/	2 )	/	9.591	*	365 / 4
=	77.161					/	9.591	*	365 / 4
=	734.12

Verra Mobility Days Payable Related Terms

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

Verra Mobility (Verra Mobility) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Verra Mobility Corp (NAS:VRRM) » Definitions » Days Payable

Traded in Other Exchanges

0YK:Germany

Address

1150 North Alma School Road, Mesa, AZ, USA, 85201

Website

https://www.verramobility.com

Verra Mobility Corp provides smart transportation solutions. The company develops and uses technology and data intelligence to help make transportation safer and easier. It operates in three segments namely Commercial Services, Government Solutions, and Parking Solutions. It generates maximum revenue from the Commercial Services segment. The commercial Services segment delivers tolling and violation management services to rental car companies, commercial fleet vehicle owners, and violation issuing authorities.

Executives

Craig C Conti	officer: EVP	1 S. WACKER DR., SUITE 1000, CHICAGO IL 60606
Steve Lalla	officer: EVP Commercial Services	C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
David Martin Roberts	director, officer: President and CEO	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Jonathan Keyser	other: Chief Legal Officer	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Jonathan Baldwin	officer: EVP-Government Solutions	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Sarah E Farrell	director	572 RUGER STREET, SUITE B, SAN FRANCISCO CA 94129
Platinum Equity Llc	director, 10 percent owner	360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Blake Norman P Iii	officer: Pres. T2 Systems	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Patricia Chiodo	officer: Chief Financial Officer	5227 EAST GLORIA LANE, CAVE CREEK AZ 85331
Rebecca Collins	officer: General Counsel	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Mark J. Talbot	officer: EVP Government Solutions	1150 NORTH ALMA SCHOOL ROAD, MESA AZ 85201
Michael P Huerta	director	1800 M STREET NW SUITE 800, WASHINGTON DC 20036
Patrick J Byrne	director	395 PAGE MILL ROAD, MS A3-18, PALO ALTO CA 94306
Garrett Fristoe Miller	officer: Executive Vice President	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Vincent Brigidi	officer: Exec. VP	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201