Electric Last Mile Solutions (Electric Last Mile Solutions) Days Payable : 5,050.42 (As of Sep. 2021)

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

What is Electric Last Mile Solutions Days Payable?

Electric Last Mile Solutions's average Accounts Payable for the three months ended in Sep. 2021 was $7.42 Mil. Electric Last Mile Solutions's Cost of Goods Sold for the three months ended in Sep. 2021 was $0.13 Mil. Hence, Electric Last Mile Solutions's Days Payable for the three months ended in Sep. 2021 was 5,050.42.

The historical rank and industry rank for Electric Last Mile Solutions's Days Payable or its related term are showing as below:

ELMSQ's Days Payable is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 66.92
* Ranked among companies with meaningful Days Payable only.

Electric Last Mile Solutions's Days Payable increased from . 20 (0.00) to Sep. 2021 (5,050.42). It may suggest that Electric Last Mile Solutions delayed paying its suppliers.

Electric Last Mile Solutions Days Payable Historical Data

The historical data trend for Electric Last Mile Solutions'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.

Electric Last Mile Solutions Days Payable Chart

Electric Last Mile Solutions Annual Data

Trend

Days Payable

Electric Last Mile Solutions Quarterly Data
	Jun21	Sep21
Days Payable	-	5,050.42

Competitive Comparison of Electric Last Mile Solutions's Days Payable

For the Auto Manufacturers subindustry, Electric Last Mile Solutions'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.

Electric Last Mile Solutions's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Electric Last Mile Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Electric Last Mile Solutions's Days Payable falls into.

Electric Last Mile Solutions 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.

Electric Last Mile Solutions's Days Payable for the fiscal year that ended in . 20 is calculated as

	Days Payable (A: . 20 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: . 20 )	+	Accounts Payable (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

Electric Last Mile Solutions's Days Payable for the quarter that ended in Sep. 2021 is calculated as:

	Days Payable (Q: Sep. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2021 )	+	Accounts Payable (Q: Sep. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2021 )	*	Days in Period
=	( (7.076	+	7.757)	/	2 )	/	0.134	*	365 / 4
=	7.4165					/	0.134	*	365 / 4
=	5,050.42

Electric Last Mile Solutions Days Payable Related Terms

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

Electric Last Mile Solutions (Electric Last Mile Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Electric Last Mile Solutions Inc (OTCPK:ELMSQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1055 West Square Lake Road, Troy, MI, USA, 48098

Website

https://www.electriclastmile.com

Electric Last Mile Solutions Inc is focused on redefining the last mile with efficient, connected, and customizable solutions. Its first vehicle, the Urban Delivery, is anticipated to be the first Class 1 commercial electric vehicle in the U.S. market.

Executives

Dono Thomas Michael Jr	officer: Ch. Legal Officer & Corp. Sec.	882 SIMPSON STREET, PLYMOUTH MI 48170
Jonathan Ballon	officer: Chief Strategy & Digital Ofcr	1055 W SQUARE LAKE ROAD TROY MI 48098
Yao (rob) Song	officer: Treasurer, PAO and Controller	125 E. JOHN CARPENTER FREEWAY SUITE 1650 IRVING TX 75062
Hailiang Hu	officer: Chief Operating Officer	1055 W. SQUARE LAKE ROAD TROY MI 48098
Richard N. Peretz	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kevork Tro Adjemian	officer: Chief Technical Officer	1055 W. SQUARE LAKE ROAD TROY MI 48098
James Taylor	director, officer: Chief Executive Officer	1070 WEST GUNN ROAD, ROCHESTER MI 48306
Benjamin F Wu	officer: General Counsel and Secretary	1055 W. SQUARE LAKE ROAD TROY MI 48098
Shauna Mcintyre	director	150 N. BARTLETT STREET, MEDFORD OR 97501
Albert Li	officer: CFO & Treasurer	1055 W. SQUARE LAKE ROAD TROY MI 48098
Jason Luo	director, 10 percent owner, officer: Executive Chairman & President	1055 W. SQUARE LAKE ROAD TROY MI 48098
Brian M Krzanich	director	1210 MACDONALD RANCH ROAD, HENDERSON NV 89012
Neil Goldberg	director	135 EAST 57TH STREET 8TH FLOOR, NEW YORK NY 10022
Forum Capital Management Iii Llc	director, 10 percent owner	1615 SOUTH CONGRESS AVENUE, SUITE 103 DELRAY BEACH FL 33445
Forum Investors Iii Llc	director, 10 percent owner, other: *Director by Deputization	1615 SOUTH CONGRESS AVENUE, SUITE 103 DELRAY BEACH FL 33445