ACV Auctions (ACV Auctions) Days Payable : 484.52 (As of Dec. 2023)

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What is ACV Auctions Days Payable?

ACV Auctions's average Accounts Payable for the three months ended in Dec. 2023 was $322.0 Mil. ACV Auctions's Cost of Goods Sold for the three months ended in Dec. 2023 was $60.6 Mil. Hence, ACV Auctions's Days Payable for the three months ended in Dec. 2023 was 484.52.

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

ACVA' s Days Payable Range Over the Past 10 Years
Min: 378.44 Med: 469.97 Max: 554.96
Current: 500.24

During the past 5 years, ACV Auctions's highest Days Payable was 554.96. The lowest was 378.44. And the median was 469.97.

ACVA's Days Payable is ranked better than
97.94% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs ACVA: 500.24

ACV Auctions's Days Payable declined from Dec. 2022 (537.56) to Dec. 2023 (484.52). It may suggest that ACV Auctions accelerated paying its suppliers.

ACV Auctions Days Payable Historical Data

The historical data trend for ACV Auctions'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.

ACV Auctions Days Payable Chart

ACV Auctions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

378.44

383.88

488.39

554.96

469.97

ACV Auctions Quarterly Data
	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												537.56	543.52	506.73	497.03	484.52

Competitive Comparison of ACV Auctions's Days Payable

For the Auto & Truck Dealerships subindustry, ACV Auctions'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.

ACV Auctions's Days Payable Distribution in the Vehicles & Parts Industry

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

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

ACV Auctions 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.

ACV Auctions'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
=	( (323.661	+	305.845)	/	2 )	/	244.454	*	365
=	314.753					/	244.454	*	365
=	469.97

ACV Auctions'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
=	( (338.137	+	305.845)	/	2 )	/	60.641	*	365 / 4
=	321.991					/	60.641	*	365 / 4
=	484.52

ACV Auctions Days Payable Related Terms

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

ACV Auctions (ACV Auctions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ACV Auctions Inc (NAS:ACVA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

640 Ellicott Street, Suite 321, Buffalo, NY, USA, 14203

Website

https://www.acvauctions.com

ACV Auctions Inc is a mobile platform for wholesale car auctions. It provides a digital marketplace for wholesale vehicle transactions and data services that offer transparent and accurate vehicle information for customers.

Executives

William Zerella	officer: Chief Financial Officer	C/O FITBIT, INC., 405 HOWARD STREET, SAN FRANCISCO CA 94105
Michael Waterman	officer: Chief Sales Officer	C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Craig Eric Anderson	officer: CCDSO and Chief Legal Officer	C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
George Chamoun	director, officer: Chief Executive Officer	C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Bessemer Venture Partners Ix L.p.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Vikas Mehta	officer: Chief Operating Officer	C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Kirsten Castillo	director	5 GREAT VALLEY PARKWAY, SUITE 160, MALVERN PA 19355
Brian Hirsch	director	C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Eileen A Kamerick	director	200 NORTH ADAMS STREET, GREEN BAY WI 54301
Robert P Goodman	director	1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Leanne Fitzgerald	officer: Chief Legal Officer	1 WAYSIDE ROAD, BURLINGTON MA 01803
Bessemer Venture Partners Ix Institutional L.p.	10 percent owner	1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Deer Ix & Co. L.p.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Deer Ix & Co. Ltd.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
15 Angels Iii Llc	10 percent owner	1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538