Aeroflex Industries (NSE:AEROFLEX) Days Payable : 107.25 (As of Mar. 2024)

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What is Aeroflex Industries Days Payable?

Aeroflex Industries's average Accounts Payable for the six months ended in Mar. 2024 was ₹556 Mil. Aeroflex Industries's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹946 Mil. Hence, Aeroflex Industries's Days Payable for the six months ended in Mar. 2024 was 107.25.

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

NSE:AEROFLEX' s Days Payable Range Over the Past 10 Years
Min: 75.7 Med: 87.15 Max: 144.52
Current: 89.31

During the past 5 years, Aeroflex Industries's highest Days Payable was 144.52. The lowest was 75.70. And the median was 87.15.

NSE:AEROFLEX's Days Payable is ranked better than
57.77% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs NSE:AEROFLEX: 89.31

Aeroflex Industries's Days Payable increased from Mar. 2023 (81.23) to Mar. 2024 (107.25). It may suggest that Aeroflex Industries delayed paying its suppliers.

Aeroflex Industries Days Payable Historical Data

The historical data trend for Aeroflex Industries'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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Aeroflex Industries Days Payable Chart

Aeroflex Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

129.94

144.52

87.15

75.70

83.16

Aeroflex Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			-	71.09	81.23	79.21	107.25

Competitive Comparison of Aeroflex Industries's Days Payable

For the Metal Fabrication subindustry, Aeroflex Industries'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.

Aeroflex Industries's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Aeroflex Industries's Days Payable falls into.

Aeroflex Industries 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.

Aeroflex Industries's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (366.31	+	551.426)	/	2 )	/	2014.029	*	365
=	458.868					/	2014.029	*	365
=	83.16

Aeroflex Industries's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (560.645	+	551.426)	/	2 )	/	946.159	*	365 / 2
=	556.0355					/	946.159	*	365 / 2
=	107.25

Aeroflex Industries Days Payable Related Terms

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Aeroflex Industries (NSE:AEROFLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeroflex Industries Ltd (NSE:AEROFLEX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

543972:India

Address

Plot No. 41, 42/13, 42/14 & 42/18, Village Chal, Behind IGPL, near Taloja MIDC, Panvel, Navi Mumbai, MH, IND, 410 208

Website

https://www.aeroflexindia.com

Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. It supply products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid, Solution products are required in fire sprinklers, gas supply, the flow of air (conditioned/controlled) in aircraft, fueling and hydraulics in aircraft. The company exports its products to more than 80 countries including Europe, the USA and others.

Aeroflex Industries (NSE:AEROFLEX) Headlines

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