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AeroVironment Inc (NAS:AVAV)
Days Payable
23.03 (As of Jul. 2014)

AeroVironment Inc's payable for the three months ended in Jul. 2014 was $13.1 Mil. AeroVironment Inc's revenue for the three months ended in Jul. 2014 was $51.9 Mil. Hence, AeroVironment Inc's days payable for the three months ended in Jul. 2014 was 23.03.

AeroVironment Inc's days payable declined from Jul. 2013 (27.94) to Jul. 2014 (23.03). 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. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=13.906/251.703*365
=20.17

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

Days Payable=Payable/Revenue*Days in Period
=13.125/51.866*91
=23.03

* 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 32.1922.3233.6723.8235.3639.0748.0932.5724.5420.17

AeroVironment Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysPayable 23.8520.2919.1730.4927.1527.9416.5219.9017.2223.03
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