EverCommerce Inc

NASDAQ EVCM

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EverCommerce Inc Accounts Payable Turnover Ratio 3 year CAGR for the quarter ending March 31, 2024: 36.77%

EverCommerce Inc Accounts Payable Turnover Ratio 3 year CAGR is 36.77% for the quarter ending March 31, 2024. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • EverCommerce Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2023 was 19.83, a 13.17% change year over year.
  • EverCommerce Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2022 was 17.52, a 112.72% change year over year.
  • EverCommerce Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2021 was 8.24.
NASDAQ: EVCM

EverCommerce Inc

CEO Mr. Eric Remer
IPO Date July 1, 2021
Location United States
Headquarters 3601 Walnut Street, Denver, CO, United States, 80205
Employees 2,100
Sector Technology
Industry Software - infrastructure
Description

EverCommerce Inc., together with its subsidiaries, provides integrated software-as-a-service solutions for service-based small and medium sized businesses in the United States and internationally. The company's solutions include business management software that offers route-based dispatching, medical practice management, and gym member management solutions; billing and payment solutions comprising e-invoicing, mobile payments, and integrated payment processing; customer experience solution, which include reputation management and messaging solutions; and marketing technology solutions that cover websites, hosting, and digital lead generation. It also provides EverPro suite of solutions in home services; EverHealth suite of solutions within health services; and EverWell suite of solutions in fitness and wellness services. In addition, the company offers professional services, such as implementation, configuration, installation, or training services. It serves home service professionals, including home improvement contractors and home maintenance technicians; physician practices and therapists in the health services industry; and personal trainers and salon owners in the fitness and wellness sectors. The company was formerly known as PaySimple Holdings, Inc. and changed its name to EverCommerce Inc. in December 2020. EverCommerce Inc. was incorporated in 2016 and is headquartered in Denver, Colorado.

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September 19, 2024

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