Evercore Partners Inc

NYSE EVR

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Evercore Partners Inc Accounts Payable Turnover Ratio 5 year CAGR for the year ending December 31, 2023: -44.77%

Evercore Partners Inc Accounts Payable Turnover Ratio 5 year CAGR is -44.77% for the year ending December 31, 2023, a -421.56% change year over year. 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.
  • Evercore Partners Inc Accounts Payable Turnover Ratio for the year ending December 31, 2022 was 95.88, a -7.80% change year over year.
  • Evercore Partners Inc Accounts Payable Turnover Ratio for the year ending December 31, 2021 was 103.99, a 74.37% change year over year.
  • Evercore Partners Inc Accounts Payable Turnover Ratio for the year ending December 31, 2020 was 59.64, a 17.95% change year over year.
  • Evercore Partners Inc Accounts Payable Turnover Ratio for the year ending December 31, 2019 was 50.56, a -7.07% change year over year.
NYSE: EVR

Evercore Partners Inc

CEO Mr. John S. Weinberg
IPO Date Aug. 11, 2006
Location United States
Headquarters 55 East 52nd Street, New York, NY, United States, 10055
Employees 2,225
Sector Financial Services
Industry Capital markets
Description

Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking & Equities, and Investment Management. The Investment Banking & Equities segment offers strategic advisory services, such as mergers, and acquisitions, strategic, defense, and shareholder advisory, special committee assignments, and real estate strategic advisory; private capital advisory and fundraising, market risk management and hedging, private capital markets and debt advisory, liability management and restructuring, and equity capital markets execution and advisory services; and research, sales, and trading professionals services on a content-led platform to its institutional investor clients. The Investment Management segment provides wealth management services to high-net-worth individuals, foundations, and endowments; and manages financial assets for institutional investors. The company was formerly known as Evercore Partners Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.

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StockViz Staff

September 20, 2024

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