Aemetis (Aemetis) Days Payable : 38.57 (As of Mar. 2024)

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What is Aemetis Days Payable?

Aemetis's average Accounts Payable for the three months ended in Mar. 2024 was $31.0 Mil. Aemetis's Cost of Goods Sold for the three months ended in Mar. 2024 was $73.2 Mil. Hence, Aemetis's Days Payable for the three months ended in Mar. 2024 was 38.57.

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

AMTX' s Days Payable Range Over the Past 10 Years
Min: 18.95 Med: 27.37 Max: 57.61
Current: 42.89

During the past 13 years, Aemetis's highest Days Payable was 57.61. The lowest was 18.95. And the median was 27.37.

AMTX's Days Payable is ranked worse than
63.71% of 901 companies
in the Oil & Gas industry
Industry Median: 61.11 vs AMTX: 42.89

Aemetis's Days Payable declined from Mar. 2023 (723.91) to Mar. 2024 (38.57). It may suggest that Aemetis accelerated paying its suppliers.

Aemetis Days Payable Historical Data

The historical data trend for Aemetis'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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Aemetis Days Payable Chart

Aemetis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.41

43.35

33.24

29.66

57.61

Aemetis 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															723.91	62.18	39.54	39.77	38.57

Competitive Comparison of Aemetis's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Aemetis'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.

Aemetis's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aemetis's Days Payable distribution charts can be found below:

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

Aemetis 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.

Aemetis'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
=	( (26.168	+	32.132)	/	2 )	/	184.7	*	365
=	29.15					/	184.7	*	365
=	57.61

Aemetis'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
=	( (32.132	+	29.789)	/	2 )	/	73.246	*	365 / 4
=	30.9605					/	73.246	*	365 / 4
=	38.57

Aemetis Days Payable Related Terms

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

Aemetis (Aemetis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aemetis Inc (NAS:AMTX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DW51:Germany

Address

20400 Stevens Creek Boulevard, Suite 700, Cupertino, CA, USA, 95014

Website

https://www.aemetis.com

Aemetis Inc is an international renewable fuel and biochemicals company focused on the production of renewable fuels and chemicals through the acquisition, development and commercialization of technologies that replace traditional petroleum-based products through the conversion of first-generation ethanol and biodiesel plants into advanced biorefineries. It owns and operates an approximately 65 million gallon per year ethanol production facility located in Keyes, California. In addition to low carbon renewable fuel ethanol, the Keyes Plant produces Wet Distillers Grains, Distillers Corn Oil, and Condensed Distillers Solubles, all of which are sold to local dairies and feedlots as animal feed. It operates in the reportable geographic segments of North America and India.

Executives

Naomi Louise Boness	director	9 GOLD POPPY CT, DANVILLE CA 94526
James Michael Rockett	officer: EVP, GC, and Corp. Sec'y	20400 STEVENS CREEK BLVD, CUPERTINO CA 95014
Timothy Alan Simon	director	788 JAMESTOWN AVENUE, SAN FRANCISCO CA 94124
Andrew B Foster	officer: Exec. Vice President
Francis P Barton	director	C/O INVENTERGY GLOBAL, INC., 900 E. HAMILTON AVENUE, SUITE 180, CAMPBELL CA 95008
John R Block	director	ONE JOHN DEERE PLACE, MOLINE IL 61265
Sanjeev Gupta	officer: Executive Vice President	115 MAGNOLIA POND PLACE, WOODLANDS TX 77381
Todd Waltz	officer: EVP and CFO	P O BOX 1445, CUPERTINO CA 95015
Lydia I Beebe	director	13403 NORTHWEST FREEWAY, HOUSTON TX 77040
Laird Q Cagan	director, 10 percent owner	20400 STEVENS CREEK BLVD., STE 700, CUPERTINO CA 95014
Eric A Mcafee	director, 10 percent owner, officer: Chairman/CEO
Steven W. Hutcheson	director	20400 STEVENS CREEK BLVD.,, SUITE 700, CUPERTINO CA 95014
Harold Sorgenti	director	237 S. 18TH STREET, APT 4A, PHILADELPHIA PA 19103
Scott Janssen	officer: Chief Financial Officer	20400 STEVENS CREEK BLVD., SUITE 700, CUPERTINO CA 95014
Parkash P Ahuja	officer: Chief Operating Officer	770 JORDAN AVE, LOS ALTOS CA 94022