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American Superconductor (American Superconductor) Days Payable : 26.81 (As of Dec. 2023)


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What is American Superconductor Days Payable?

American Superconductor's average Accounts Payable for the three months ended in Dec. 2023 was $8.6 Mil. American Superconductor's Cost of Goods Sold for the three months ended in Dec. 2023 was $29.4 Mil. Hence, American Superconductor's Days Payable for the three months ended in Dec. 2023 was 26.81.

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

AMSC' s Days Payable Range Over the Past 10 Years
Min: 22.28   Med: 28.95   Max: 50.8
Current: 38.06

During the past 13 years, American Superconductor's highest Days Payable was 50.80. The lowest was 22.28. And the median was 28.95.

AMSC's Days Payable is ranked worse than
82.01% of 2930 companies
in the Industrial Products industry
Industry Median: 76.275 vs AMSC: 38.06

American Superconductor's Days Payable declined from Dec. 2022 (61.97) to Dec. 2023 (26.81). It may suggest that American Superconductor accelerated paying its suppliers.


American Superconductor Days Payable Historical Data

The historical data trend for American Superconductor'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.

* Premium members only.

American Superconductor Days Payable Chart

American Superconductor Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.11 43.56 40.33 35.65 50.80

American Superconductor 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.97 44.89 47.23 39.98 26.81

Competitive Comparison of American Superconductor's Days Payable

For the Specialty Industrial Machinery subindustry, American Superconductor'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.


American Superconductor's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, American Superconductor's Days Payable distribution charts can be found below:

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



American Superconductor 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.

American Superconductor's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (13.192 + 13.935) / 2 ) / 97.463*365
=13.5635 / 97.463*365
=50.80

American Superconductor'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
=( (11.393 + 5.867) / 2 ) / 29.369*365 / 4
=8.63 / 29.369*365 / 4
=26.81

* 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.


American Superconductor Days Payable Related Terms

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American Superconductor (American Superconductor) Business Description

Traded in Other Exchanges
Address
114 East Main Street, Ayer, MA, USA, 01432
American Superconductor Corp generates the ideas, technologies, and solutions that meet world's demand for smarter, cleaner and energy. Through its Windtec Solutions, the company enables manufacturers to launch wind turbines quickly, effectively and profitably. Through its Gridtec Solutions, the company provides engineering planning services and grid systems that optimize network reliability, efficiency and performance. The company's segment includes Grid and Wind. It generates maximum revenue from the Grid segment.
Executives
Daniel P Mcgahn officer: VP, Stategic Planning,Corp Dev C/O AMERICAN SUPERCONDUCTOR, 64 JACKSON ROAD, DEVENS MA 01434
Kosiba John W Jr officer: SVP, CFO & Treasurer C/O AMERICAN SUPERCONDUCTOR CORPORATION, 64 JACKSON ROAD, DEVENS MA 01434
Margaret D. Klein director C/O AMERICAN SUPERCONDUCTOR CORPORATION, 114 EAST MAIN STREET, AYER MA 01432
Laura A. Dambier director C/O AMERICAN SUPERCONDUCTOR CORPORATION, 114 EAST MAIN STREET, AYER MA 01432
Vikram S Budhraja director 201 S LAKE AVE STE 400, PASADENA CA 91101
Barbara G. Littlefield director C/O AMERICAN SUPERCONDUCTOR CORPORATION, 114 EAST MAIN STREET, AYER MA 01432
Wood John W Jr director C/O ANALOGIC, 8 CENTENNIAL DRIVE, PEABODY MA 01960
Oliver David R Jr director C/O AMERICAN SUPERCONDUCTOR, 2 TECHNOLOGY DR, WESTBOROUGH MA 01581
John Vander Sande director
Arthur H House director C/O AMERICAN SUPERCONDUCTOR CORPORATION, 64 JACKSON ROAD, DEVENS MA 01434
David A Henry officer: SVP, CFO & Treasurer
James F Maguire officer: EVP, Gridtec Solutions C/O AMERICAN SUPERCONDUCTOR CORP., 64 JACKSON ROAD, DEVENS MA 01434
Kevin Douglas 10 percent owner 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Susan J Dicecco officer: VP, Corporate Administration C/O AMERICAN SUPERCONDUCTOR, 64 JACKSON ROAD, DEVENS MA 01434
Angelo R Santamaria officer: VP & GM, AMSC Wires Bus. Unit MICROSEMI CORP, 2381 MORSE AVE, IRVINE CA 92614