EZGO Technologies (EZGO Technologies) Days Payable : 16.24 (As of Sep. 2023)

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

What is EZGO Technologies Days Payable?

EZGO Technologies's average Accounts Payable for the six months ended in Sep. 2023 was $0.87 Mil. EZGO Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was $9.80 Mil. Hence, EZGO Technologies's Days Payable for the six months ended in Sep. 2023 was 16.24.

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

EZGO' s Days Payable Range Over the Past 10 Years
Min: 10.23 Med: 19.52 Max: 512.77
Current: 21.48

During the past 6 years, EZGO Technologies's highest Days Payable was 512.77. The lowest was 10.23. And the median was 19.52.

EZGO's Days Payable is ranked worse than
91.46% of 1264 companies
in the Vehicles & Parts industry
Industry Median: 65.57 vs EZGO: 21.48

EZGO Technologies's Days Payable increased from Sep. 2022 (11.64) to Sep. 2023 (16.24). It may suggest that EZGO Technologies delayed paying its suppliers.

EZGO Technologies Days Payable Historical Data

The historical data trend for EZGO Technologies'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.

EZGO Technologies Days Payable Chart

EZGO Technologies Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

Get a 7-Day Free Trial

512.77

10.39

10.23

16.13

22.91

EZGO Technologies Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial						7.36	19.73	11.64	29.68	16.24

Competitive Comparison of EZGO Technologies's Days Payable

For the Recreational Vehicles subindustry, EZGO Technologies'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.

EZGO Technologies's Days Payable Distribution in the Vehicles & Parts Industry

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

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

EZGO Technologies 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.

EZGO Technologies's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0.866	+	0.99)	/	2 )	/	14.782	*	365
=	0.928					/	14.782	*	365
=	22.91

EZGO Technologies's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.754	+	0.99)	/	2 )	/	9.802	*	365 / 2
=	0.872					/	9.802	*	365 / 2
=	16.24

EZGO Technologies Days Payable Related Terms

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

EZGO Technologies (EZGO Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » EZGO Technologies Ltd (NAS:EZGO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Changzhou Institute of Dalian University of Technology, Building No. A, Floor 2, Science and Education Town, Wujin District, Jiangsu, Changzhou, CHN, 213164

Website

https://www.ezgotech.com.cn

EZGO Technologies Ltd is engaged in the sale of e-bicycles and battery and e-bicycle rentals, complemented by the sale of battery packs, battery cell trading and charging pile business. Its product categories include e-bicycle, e-motorcycle and e-moped and urban style e-tricycle. Its segments include the Battery cells and packs and the E-bicycle sales segment. The company generates maximum revenue from the E-bicycle segment.