EVgo (EVGO) Days Payable : 27.24 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is EVgo Days Payable?

EVgo's average Accounts Payable for the three months ended in Dec. 2023 was $13.9 Mil. EVgo's Cost of Goods Sold for the three months ended in Dec. 2023 was $46.5 Mil. Hence, EVgo's Days Payable for the three months ended in Dec. 2023 was 27.24.

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

EVGO' s Days Payable Range Over the Past 10 Years
Min: 23.24 Med: 36.58 Max: 38.35
Current: 29.9

During the past 5 years, EVgo's highest Days Payable was 38.35. The lowest was 23.24. And the median was 36.58.

EVGO's Days Payable is ranked worse than
75.97% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs EVGO: 29.90

EVgo's Days Payable increased from Dec. 2022 (20.55) to Dec. 2023 (27.24). It may suggest that EVgo delayed paying its suppliers.

EVgo Days Payable Historical Data

The historical data trend for EVgo'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.

EVgo Days Payable Chart

EVgo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

24.47

38.35

37.35

36.58

23.24

EVgo Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											20.55	50.16	25.42	31.80	27.24

Competitive Comparison of EVgo's Days Payable

For the Specialty Retail subindustry, EVgo'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.

EVgo's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, EVgo's Days Payable distribution charts can be found below:

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

EVgo 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.

EVgo'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
=	( (9.128	+	10.133)	/	2 )	/	151.239	*	365
=	9.6305					/	151.239	*	365
=	23.24

EVgo'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
=	( (17.605	+	10.133)	/	2 )	/	46.454	*	365 / 4
=	13.869					/	46.454	*	365 / 4
=	27.24

EVgo Days Payable Related Terms

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

EVgo (EVGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » EVgo Inc (NAS:EVGO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EVGOW:USA

Address

11835 West Olympic Boulevard, Suite 900E, Los Angeles, CA, USA, 90064

Website

https://www.evgo.com

EVgo owns and operates a public direct current fast-charging network in the U.S. Its network of charging stations provides electric vehicle charging infrastructure to consumers and businesses. Its network is capable of charging all EV models and charging standards currently available in the U.S. EVgo partners with national and regional chains of grocery stores, automotive original equipment manufacturers, hotels, shopping centers, gas stations, parking lot operators, local governments and independent property owners in order to locate and deploy its EV charging infrastructure.

Executives

Dennis G Kish	officer: Chief Operating Officer	955 EAST ARQUES AVE, SUNNYVALE CA 94086
Francine Sullivan	officer: CLO and General Counsel	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Olga Shevorenkova	officer: Chief Financial Officer	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Stephanie Lee	officer: Interim CFO	11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Ivo Steklac	officer: Chief Operating & Tech Officer	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Cathy Zoi	director, officer: Chief Executive Officer	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
David Nanus	director	1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Paul Segal	director	1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Jonathan Seelig	director	C/O ZOOM TELEPHONICS, INC., 99 HIGH STREET, BOSTON MA 02110
Peter Eric Anderson	director	11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Tanvi Chaturvedi	officer: Chief Revenue Officer	11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Jonathan Maier Levy	officer: Chief Commercial Officer	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Caroline Ogata	officer: Controller	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Badar Khan	director	69 DENNY ROAD, CHESTNUT HILL MA 02467
Katherine Motlagh	director	C/O CYRUSONE, 2850 N HARWOOD ST STE 2200, DALLAS TX 75201