PTB Group (ASX:PTB) Days Payable : 55.28 (As of Jun. 2022)

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What is PTB Group Days Payable?

PTB Group's average Accounts Payable for the six months ended in Jun. 2022 was A$12.1 Mil. PTB Group's Cost of Goods Sold for the six months ended in Jun. 2022 was A$40.1 Mil. Hence, PTB Group's Days Payable for the six months ended in Jun. 2022 was 55.28.

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

ASX:PTB's Days Payable is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 75.31
* Ranked among companies with meaningful Days Payable only.

PTB Group's Days Payable declined from Jun. 2021 (59.14) to Jun. 2022 (55.28). It may suggest that PTB Group accelerated paying its suppliers.

PTB Group Days Payable Historical Data

The historical data trend for PTB Group'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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PTB Group Days Payable Chart

PTB Group Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Days Payable

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79.55

46.02

56.16

76.46

53.86

PTB Group Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Days Payable	Get a 7-Day Free Trial															44.04	84.35	59.14	58.36	55.28

Competitive Comparison of PTB Group's Days Payable

For the Aerospace & Defense subindustry, PTB Group'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.

PTB Group's Days Payable Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where PTB Group's Days Payable falls into.

PTB Group 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.

PTB Group's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

	Days Payable (A: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2021 )	+	Accounts Payable (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (8.299	+	12.711)	/	2 )	/	71.195	*	365
=	10.505					/	71.195	*	365
=	53.86

PTB Group's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

	Days Payable (Q: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (11.585	+	12.711)	/	2 )	/	40.103	*	365 / 2
=	12.148					/	40.103	*	365 / 2
=	55.28

PTB Group Days Payable Related Terms

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PTB Group (ASX:PTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » PTB Group Ltd (ASX:PTB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Orient Avenue, Pinkenba, Brisbane, QLD, AUS, 4008

Website

https://www.pacificturbine.com.au

PTB Group Ltd is engaged in the aviation business in Brisbane, Australia. It operates in business segments that are PTB, which specializes in PT6 and TPE331 Turboprop engines; PT USA, which specializes in PT6 Turboprop engines, it repairs and sells PT6 engines, maintains related engines under contract, and trades in related engine parts; PT Leasing, which is an aircraft and engine owner and leases aircraft and engines to operators under both operating and finance leases; IAP, which covers the operations of the IAP Group Australia Pty Ltd trading in aircraft, jet aircraft engines, airframes, and related parts. The PT USA segment generates maximum revenue for the company.

PTB Group (ASX:PTB) Headlines

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