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AeroVironment Inc (NAS:AVAV)
Days Payable
49.80 (As of Oct. 2014)

AeroVironment Inc's payable for the three months ended in Oct. 2014 was $19.0 Mil. AeroVironment Inc's cost of goods sold for the three months ended in Oct. 2014 was $34.8 Mil. Hence, AeroVironment Inc's days payable for the three months ended in Oct. 2014 was 49.80.

AeroVironment Inc's days payable increased from Oct. 2013 (26.21) to Oct. 2014 (49.80). It may suggest that AeroVironment Inc delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

AeroVironment Inc's Days Payable for the fiscal year that ended in Apr. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.906/158.09*365
=32.11

AeroVironment Inc's Days Payable for the quarter that ended in Oct. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=18.988/34.793*365 / 4
=49.80

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

AeroVironment Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
DaysPayable 57.8137.6555.5837.4655.0548.3064.8137.7039.9232.11

AeroVironment Inc Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
DaysPayable 30.4831.5452.5240.4839.1526.2132.7529.2631.6749.80
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