Arcimoto (Arcimoto) Days Payable : 179.70 (As of Sep. 2023)

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What is Arcimoto Days Payable?

Arcimoto's average Accounts Payable for the three months ended in Sep. 2023 was $5.83 Mil. Arcimoto's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.96 Mil. Hence, Arcimoto's Days Payable for the three months ended in Sep. 2023 was 179.70.

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

FUVV' s Days Payable Range Over the Past 10 Years
Min: 12.05 Med: 71.12 Max: 1969
Current: 133.93

During the past 9 years, Arcimoto's highest Days Payable was 1969.00. The lowest was 12.05. And the median was 71.12.

FUVV's Days Payable is ranked better than
81.74% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 65.48 vs FUVV: 133.93

Arcimoto's Days Payable increased from Sep. 2022 (35.70) to Sep. 2023 (179.70). It may suggest that Arcimoto delayed paying its suppliers.

Arcimoto Days Payable Historical Data

The historical data trend for Arcimoto'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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Arcimoto Days Payable Chart

Arcimoto Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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1,969.00

66.24

12.05

23.64

76.00

Arcimoto Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															35.70	77.41	219.32	161.59	179.70

Competitive Comparison of Arcimoto's Days Payable

For the Recreational Vehicles subindustry, Arcimoto'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.

Arcimoto's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Arcimoto 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.

Arcimoto's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.016	+	7.668)	/	2 )	/	23.255	*	365
=	4.842					/	23.255	*	365
=	76.00

Arcimoto'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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (6.007	+	5.659)	/	2 )	/	2.962	*	365 / 4
=	5.833					/	2.962	*	365 / 4
=	179.70

Arcimoto Days Payable Related Terms

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Arcimoto (Arcimoto) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Arcimoto Inc (OTCPK:FUVV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

53H0:Germany

Address

2034 West 2nd Avenue, Eugene, OR, USA, 97402

Website

https://www.arcimoto.com

Arcimoto Inc is an electric vehicle company that designs, develops, manufactures, sells, and rents three-wheeled electric vehicles in the United States. Its flagship product is the Fun Utility Vehicle (FUV) that delivers a thrilling ride experience for two passengers with cargo, parking, and operation. The company's products also comprise Rapid Responder designed to perform emergency, security, and law enforcement services; Deliverator, an electric last-mile delivery solution; Cameo, an FUV equipped with a rear-facing rear seat and a modified roof built for on-road filming; and Arcimoto Roadster, an unparalleled pure-electric on-road thrill machine.

Executives

Dan M. Creed	director	2034 WEST 2ND AVENUE, EUGENE OR 97402
Christopher W. Dawson	director	2034 WEST 2ND AVENUE, EUGENE OR 97402
Galileo Russell	director	C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Jesse Grant Eisler	director	C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Jesse Fittipaldi	officer: Executive Vice President	C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Dorbin John W. Jr.	officer: General Counsel & Corp. Sec.	C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Terry L Becker	director	C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Nancy E. Calderon	director	1285 WAKEFIELD TRAIL, RENO NV 89523
Mark Frohnmayer	director, 10 percent owner, officer: President & CEO	C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Joshua S Scherer	director	C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Douglas M Campoli	officer: Chief Financial Officer	C/O ENVIROTECH VEHICLES, INC., 1425 OHLENDORF ROAD, OSCEOLA AR 72370
Jeff Curl	director	C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Thomas Thurston	director	909 MONTGOMERY STREET, 3RD FLOOR, SAN FRANCISCO CA 94133