EverCommerce (EverCommerce) Days Payable : 13.42 (As of Mar. 2024)

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What is EverCommerce Days Payable?

EverCommerce's average Accounts Payable for the three months ended in Mar. 2024 was $8.4 Mil. EverCommerce's Cost of Goods Sold for the three months ended in Mar. 2024 was $56.8 Mil. Hence, EverCommerce's Days Payable for the three months ended in Mar. 2024 was 13.42.

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

EVCM' s Days Payable Range Over the Past 10 Years
Min: 13.44 Med: 21.53 Max: 24.5
Current: 13.91

During the past 5 years, EverCommerce's highest Days Payable was 24.50. The lowest was 13.44. And the median was 21.53.

EVCM's Days Payable is ranked worse than
87.26% of 2527 companies
in the Software industry
Industry Median: 50.54 vs EVCM: 13.91

EverCommerce's Days Payable declined from Mar. 2023 (13.46) to Mar. 2024 (13.42). It may suggest that EverCommerce accelerated paying its suppliers.

EverCommerce Days Payable Historical Data

The historical data trend for EverCommerce'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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EverCommerce Days Payable Chart

EverCommerce Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

21.53

24.50

24.14

15.70

13.44

EverCommerce Quarterly Data
	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													13.46	14.99	14.35	13.99	13.42

Competitive Comparison of EverCommerce's Days Payable

For the Software - Infrastructure subindustry, EverCommerce'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.

EverCommerce's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, EverCommerce's Days Payable distribution charts can be found below:

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

EverCommerce 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.

EverCommerce'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
=	( (8.373	+	8.638)	/	2 )	/	231.007	*	365
=	8.5055					/	231.007	*	365
=	13.44

EverCommerce'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
=	( (8.638	+	8.073)	/	2 )	/	56.793	*	365 / 4
=	8.3555					/	56.793	*	365 / 4
=	13.42

EverCommerce Days Payable Related Terms

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

EverCommerce (EverCommerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » EverCommerce Inc (NAS:EVCM) » Definitions » Days Payable

Comparable Companies

PAY DOCN RAMP AVDX NTCT SWI PAYO EVTC CSGS ODD MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

N/A

Address

3601 Walnut Street, Suite 400, Denver, CO, USA, 80205

Website

https://www.evercommerce.com

EverCommerce Inc service commerce platform, providing vertically tailored, integrated SaaS solutions that support the diverse workflows and customer interactions that professionals in home services, health services, and fitness & wellness services need to automate manual processes, generate new business, and create more loyal customers. It has its geographic presence in United States and in International markets.

Executives

Evan Berlin	officer: Chief Operating Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Sarah Michelle Jordan	officer: Chief Marketing Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Eric Richard Remer	director, officer: Chief Executive Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Matthew David Feiersrtein	officer: President	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Lisa E Storey	officer: General Counsel	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Marc Christopher Thompson	officer: Chief Financial Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Shane Driggers	officer: Chief Human Resources Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Debby Soo	director	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Samuel Christopher Alaimo	officer: Chief Technology Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Ryan H Siurek	officer: Chief Accounting Officer	6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Lee Dabberdt	officer: Chief Accounting Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
John Rudella	director	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Lisa M. Sterling	officer: Chief Admin and HR Officer	C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
De Souza Stone Koffi	officer: Chief Operating Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Richard A Simonson	director	C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134