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AeroVironment Inc (NAS:AVAV)
Days Payable
21.81 (As of Jan. 2016)

AeroVironment Inc's payable for the three months ended in Jan. 2016 was $9.8 Mil. AeroVironment Inc's cost of goods sold for the three months ended in Jan. 2016 was $40.9 Mil. Hence, AeroVironment Inc's days payable for the three months ended in Jan. 2016 was 21.81.

AVAV' s Days Payable Range Over the Past 10 Years
Min: 32.11   Max: 64.81
Current: 24.42

32.11
64.81

During the past 13 years, AeroVironment Inc's highest Days Payable was 64.81. The lowest was 32.11. And the median was 42.60.

AVAV's Days Payable is ranked lower than
87% of the 156 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 53.52 vs. AVAV: 24.42 )

AeroVironment Inc's days payable declined from Jan. 2015 (35.74) to Jan. 2016 (21.81). It may suggest that AeroVironment Inc accelerated 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=19.243/155.13*365
=45.28

AeroVironment Inc's Days Payable for the quarter that ended in Jan. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=9.786/40.935*365 / 4
=21.81

* 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

Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15
DaysPayable 37.6555.5837.4655.0548.3064.8137.7039.9232.1145.28

AeroVironment Inc Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16
DaysPayable 26.2132.7529.2631.6749.8035.7442.7038.0731.8621.81
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