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GuruFocus has detected 5 Warning Signs with AeroVironment Inc $AVAV.
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AeroVironment Inc (NAS:AVAV)
Days Payable
37.22 (As of Jan. 2017)

AeroVironment Inc's payable for the three months ended in Jan. 2017 was $13.8 Mil. AeroVironment Inc's cost of goods sold for the three months ended in Jan. 2017 was $33.8 Mil. Hence, AeroVironment Inc's days payable for the three months ended in Jan. 2017 was 37.22.

AVAV' s Days Payable Range Over the Past 10 Years
Min: 32.11   Max: 64.81
Current: 35.23

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 43.91.

AVAV's Days Payable is ranked lower than
74% of the 149 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 54.51 vs. AVAV: 35.23 )

AeroVironment Inc's days payable increased from Jan. 2016 (21.81) to Jan. 2017 (37.22). It may suggest that AeroVironment Inc delayed 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=17.712/151.995*365
=42.53

AeroVironment Inc's Days Payable for the quarter that ended in Jan. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.792/33.812*365 / 4
=37.22

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

AeroVironment Inc Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
DaysPayable 55.5837.4655.0548.3064.8137.7039.9232.1145.2842.53

AeroVironment Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
DaysPayable 49.8035.7442.7038.0731.8621.8134.5132.5352.0837.22
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