Greenwave Technology Solutions (Greenwave Technology Solutions) Days Payable : 29.10 (As of Dec. 2023)

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What is Greenwave Technology Solutions Days Payable?

Greenwave Technology Solutions's average Accounts Payable for the three months ended in Dec. 2023 was $1.75 Mil. Greenwave Technology Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $5.50 Mil. Hence, Greenwave Technology Solutions's Days Payable for the three months ended in Dec. 2023 was 29.10.

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

GWAV' s Days Payable Range Over the Past 10 Years
Min: 18.41 Med: 497.09 Max: 1198660
Current: 32.27

During the past 11 years, Greenwave Technology Solutions's highest Days Payable was 1198660.00. The lowest was 18.41. And the median was 497.09.

GWAV's Days Payable is ranked worse than
75.66% of 226 companies
in the Waste Management industry
Industry Median: 72.98 vs GWAV: 32.27

Greenwave Technology Solutions's Days Payable increased from Dec. 2022 (24.76) to Dec. 2023 (29.10). It may suggest that Greenwave Technology Solutions delayed paying its suppliers.

Greenwave Technology Solutions Days Payable Historical Data

The historical data trend for Greenwave Technology 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.

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Greenwave Technology Solutions Days Payable Chart

Greenwave Technology Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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292,684.38

1,198,660.00

60.52

18.41

29.58

Greenwave Technology Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															24.76	39.84	32.12	32.23	29.10

Competitive Comparison of Greenwave Technology Solutions's Days Payable

For the Waste Management subindustry, Greenwave Technology 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.

Greenwave Technology Solutions's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Greenwave Technology Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Greenwave Technology Solutions's Days Payable falls into.

Greenwave Technology 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.

Greenwave Technology Solutions'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
=	( (1.549	+	1.885)	/	2 )	/	21.185	*	365
=	1.717					/	21.185	*	365
=	29.58

Greenwave Technology Solutions'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
=	( (1.622	+	1.885)	/	2 )	/	5.499	*	365 / 4
=	1.7535					/	5.499	*	365 / 4
=	29.10

Greenwave Technology Solutions Days Payable Related Terms

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Greenwave Technology Solutions (Greenwave Technology Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Greenwave Technology Solutions Inc (NAS:GWAV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4016 Raintree Road, Suite 300, Chesapeake, VA, USA, 23321

Website

https://www.greenwavetechnologysolutions.com

Greenwave Technology Solutions Inc, through its subsidiary, is an operator of several metal recycling facilities in Virginia and North Carolina. At these facilities, the company is involved in collecting, classifying, and processing raw scrap metal (ferrous and nonferrous) for recycling. The company's products are selling ferrous metal, which is used in the recycling and production of finished steel. It is categorized into heavy melting steel, plate and structural, and shredded scrap. and it also processes nonferrous metals such as aluminum, copper, stainless steel, nickel, brass, titanium, alloys, and mixed metal products.

Executives

Jason T Adelman	director	900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Henry Iii Sicignano	director	8201 MAIN STREET, SUITE 6, WILLIAMSVILLE NY 14221
Danny Meeks	director, other: Chairman of the BOD	1560 BROADWAY, SUITE 17-105, DENVER CO 80202
Ashley Elizabeth Sickles	officer: Chief Financial Officer	531 FOXGATE QUARTER, CHESAPEAKE VA 23322
John Bryan Plumlee	director	277 SUBURBAN DRIVE, SUFFOLK VA 23434
Howard Jordan	officer: Chief Financial Officer	277 SUBURBAN DRIVE, SUFFOLK VA 23434
Cheryl Elizabeth Lanthorn	director	277 SUBURBAN DRIVE, SUFFOLK VA 23434
John D. Wood	director	520 BUSHNELL DRIVE, VIRGINIA BEACH VA 23451
Isaac Dietrich	director, officer: Chief Executive Officer	1624 MARKET STREET, SUITE 201, DENVER CO 80202
Charles Blum	director	1505 UPLAND HILLS DRIVE NORTH, UPLAND CA 91784
Jesus Quintero	officer: Chief Financial Officer	16860 SOUTHWEST 1ST STREET, PEMBROKE PINES FL 33027
Graham Farrar	director	2420 17TH STREET, OFFICE 3118, DENVER CO 80202
Cecil Bond Kyte	director	5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601
Scott C Kveton	officer: Chief Executive Officer	1624 MARKET STREET, SUITE 201, DENVER CO 80202
Osborn Steven Lee Ii	officer: Chief Technology Officer	761 SE 65TH PL, HILLSBORO OR 97123