Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Days Payable : 154.05 (As of Aug. 2023)

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What is Life Electric Vehicles Holdings Days Payable?

Life Electric Vehicles Holdings's average Accounts Payable for the three months ended in Aug. 2023 was $0.57 Mil. Life Electric Vehicles Holdings's Cost of Goods Sold for the three months ended in Aug. 2023 was $0.34 Mil. Hence, Life Electric Vehicles Holdings's Days Payable for the three months ended in Aug. 2023 was 154.05.

The historical rank and industry rank for Life Electric Vehicles Holdings's Days Payable or its related term are showing as below:

LFEV' s Days Payable Range Over the Past 10 Years
Min: 14.48 Med: 180.5 Max: 7071.87
Current: 616.21

During the past 13 years, Life Electric Vehicles Holdings's highest Days Payable was 7071.87. The lowest was 14.48. And the median was 180.50.

LFEV's Days Payable is ranked better than
98.33% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs LFEV: 616.21

Life Electric Vehicles Holdings's Days Payable increased from Feb. 2008 (16.79) to Aug. 2023 (154.05). It may suggest that Life Electric Vehicles Holdings delayed paying its suppliers.

Life Electric Vehicles Holdings Days Payable Historical Data

The historical data trend for Life Electric Vehicles Holdings'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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Life Electric Vehicles Holdings Days Payable Chart

Life Electric Vehicles Holdings Annual Data

Trend

Nov98

Nov99

Nov00

Nov01

Nov02

Nov03

Nov04

Nov05

Nov06

Nov07

Days Payable

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180.50

28.77

24.71

40.29

14.48

Life Electric Vehicles Holdings Quarterly Data
	May04	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Aug22	Aug23
Days Payable	Get a 7-Day Free Trial															16.79	22.89	86.73	-	154.05

Competitive Comparison of Life Electric Vehicles Holdings's Days Payable

For the Recreational Vehicles subindustry, Life Electric Vehicles Holdings'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.

Life Electric Vehicles Holdings's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Life Electric Vehicles Holdings's Days Payable falls into.

Life Electric Vehicles Holdings 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.

Life Electric Vehicles Holdings's Days Payable for the fiscal year that ended in Nov. 2007 is calculated as

	Days Payable (A: Nov. 2007 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2006 )	+	Accounts Payable (A: Nov. 2007 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2007 )	*	Days in Period
=	( (0.188	+	0.157)	/	2 )	/	4.347	*	365
=	0.1725					/	4.347	*	365
=	14.48

Life Electric Vehicles Holdings's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2022 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (0	+	0.574)	/	1 )	/	0.34	*	365 / 4
=	0.574					/	0.34	*	365 / 4
=	154.05

Life Electric Vehicles Holdings Days Payable Related Terms

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Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Life Electric Vehicles Holdings Inc (OTCPK:LFEV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

460 Hillsboro Technology Drive, Deerfield Beach, FL, USA, 33441

Website

https://www.lifeelectricvehicles.com

Life Electric Vehicles Holdings Inc is a developer, manufacturer, and distributor in the light electric vehicle industry. The business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market.

Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Headlines

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