Zodiac Aerospace (Zodiac Aerospace) Days Payable : 71.45 (As of Aug. 2017)

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What is Zodiac Aerospace Days Payable?

Zodiac Aerospace's average Accounts Payable for the six months ended in Aug. 2017 was $578 Mil. Zodiac Aerospace's Cost of Goods Sold for the six months ended in Aug. 2017 was $1,476 Mil. Hence, Zodiac Aerospace's Days Payable for the six months ended in Aug. 2017 was 71.45.

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

ZODFY's Days Payable is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 77.75
* Ranked among companies with meaningful Days Payable only.

Zodiac Aerospace's Days Payable increased from Aug. 2016 (67.76) to Aug. 2017 (71.45). It may suggest that Zodiac Aerospace delayed paying its suppliers.

Zodiac Aerospace Days Payable Historical Data

The historical data trend for Zodiac Aerospace'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.

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Zodiac Aerospace Days Payable Chart

Zodiac Aerospace Annual Data

Trend

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Days Payable

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75.50

76.72

77.64

74.13

79.90

Zodiac Aerospace Semi-Annual Data
	Aug07	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17
Days Payable	Get a 7-Day Free Trial															67.23	70.70	67.76	92.35	71.45

Competitive Comparison of Zodiac Aerospace's Days Payable

For the Aerospace & Defense subindustry, Zodiac Aerospace'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.

Zodiac Aerospace's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Zodiac Aerospace's Days Payable distribution charts can be found below:

* The bar in red indicates where Zodiac Aerospace's Days Payable falls into.

Zodiac Aerospace 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.

Zodiac Aerospace's Days Payable for the fiscal year that ended in Aug. 2017 is calculated as

	Days Payable (A: Aug. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2016 )	+	Accounts Payable (A: Aug. 2017 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2017 )	*	Days in Period
=	( (607.68	+	597.614)	/	2 )	/	2753.073	*	365
=	602.647					/	2753.073	*	365
=	79.90

Zodiac Aerospace's Days Payable for the quarter that ended in Aug. 2017 is calculated as:

	Days Payable (Q: Aug. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2017 )	+	Accounts Payable (Q: Aug. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2017 )	*	Days in Period
=	( (558.157	+	597.614)	/	2 )	/	1476.056	*	365 / 2
=	577.8855					/	1476.056	*	365 / 2
=	71.45

Zodiac Aerospace Days Payable Related Terms

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Zodiac Aerospace (Zodiac Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Zodiac Aerospace (OTCPK:ZODFY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.zodiacaerospace.com

Zodiac Aerospace has two operating segments: aerosystem activities (70% of revenue), with tier-one niche positions in safety systems, electrical systems, control systems, and water and waste systems; and aircraft interiors activities (30% of revenue), comprising cabin and seats activities. The cabin business group provides all elements of integrated cabins, and Zodiac Seats design, certifies, and assembles aircraft seats for passengers and crew. In fiscal 2016, Zodiac generated EUR 5.2 billion in revenue.

Zodiac Aerospace (Zodiac Aerospace) Headlines

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