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Elvictor Group (Elvictor Group) Days Payable : 276.01 (As of Dec. 2023)


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What is Elvictor Group Days Payable?

Elvictor Group's average Accounts Payable for the three months ended in Dec. 2023 was $0.37 Mil. Elvictor Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.12 Mil. Hence, Elvictor Group's Days Payable for the three months ended in Dec. 2023 was 276.01.

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

ELVG' s Days Payable Range Over the Past 10 Years
Min: 51.44   Med: 150.4   Max: 288.53
Current: 273.9

During the past 7 years, Elvictor Group's highest Days Payable was 288.53. The lowest was 51.44. And the median was 150.40.

ELVG's Days Payable is ranked better than
91.77% of 924 companies
in the Business Services industry
Industry Median: 47.08 vs ELVG: 273.90

Elvictor Group's Days Payable declined from Dec. 2022 (322.01) to Dec. 2023 (276.01). It may suggest that Elvictor Group accelerated paying its suppliers.


Elvictor Group Days Payable Historical Data

The historical data trend for Elvictor Group'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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Elvictor Group Days Payable Chart

Elvictor Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial - 51.44 62.44 238.35 288.53

Elvictor Group 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 322.01 271.63 259.88 272.58 276.01

Competitive Comparison of Elvictor Group's Days Payable

For the Specialty Business Services subindustry, Elvictor Group'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.


Elvictor Group's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Elvictor Group's Days Payable distribution charts can be found below:

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



Elvictor Group 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.

Elvictor Group'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
=( (0.402 + 0.379) / 2 ) / 0.494*365
=0.3905 / 0.494*365
=288.53

Elvictor Group'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
=( (0.353 + 0.379) / 2 ) / 0.121*365 / 4
=0.366 / 0.121*365 / 4
=276.01

* 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.


Elvictor Group Days Payable Related Terms

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Elvictor Group (Elvictor Group) Business Description

Traded in Other Exchanges
N/A
Address
Vassileos Constantinou 79, Vari, Athens, GRC, 16672
Elvictor Group Inc is engaged in the business of providing shipping crew management services. It provides crew management, crew manning, and crew training and development services.
Executives
Stavros Galanakis director, 10 percent owner, officer: CHAIRMAN & VICE PRESIDENT 78 PAPAFOTI STR, VARI-VARKIZA J3 16672
Christodoulos Tzoutzakis officer: CHIEF OPERATING OFFICER 24 THEMISTOKLEOUS STR., VOULA ATTIKIS J3 16673
Panagiotis Tolis director, 10 percent owner, officer: CIRO PERICLEOUS 50 STREET, ATHENS J3 15232
Panagiotis Nikolaos Lazaretos 10 percent owner 103M1 MARKOU BOTSARI STR, KIFISSIA, ATTICA J3 14561
Konstantinos Galanakis director, 10 percent owner, officer: CEO 38 MOUTOUSI K STREET, VARI-VARKIZA J3 16672
Eleftherios Kontos 10 percent owner THOUKIDIDOY 15, VOLOS J3 38333

Elvictor Group (Elvictor Group) Headlines

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