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Signature Aviation (LSE:SIG) Days Payable : 88.31 (As of Dec. 2020)


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What is Signature Aviation Days Payable?

Signature Aviation's average Accounts Payable for the six months ended in Dec. 2020 was £201 Mil. Signature Aviation's Cost of Goods Sold for the six months ended in Dec. 2020 was £415 Mil. Hence, Signature Aviation's Days Payable for the six months ended in Dec. 2020 was 88.31.

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

LSE:SIG' s Days Payable Range Over the Past 10 Years
Min: 36.26   Med: 50.02   Max: 73.26
Current: 72.69

During the past 13 years, Signature Aviation's highest Days Payable was 73.26. The lowest was 36.26. And the median was 50.02.

LSE:SIG's Days Payable is not ranked
in the Transportation industry.
Industry Median: 39.02 vs LSE:SIG: 72.69

Signature Aviation's Days Payable increased from Dec. 2019 (59.10) to Dec. 2020 (88.31). It may suggest that Signature Aviation delayed paying its suppliers.


Signature Aviation Days Payable Historical Data

The historical data trend for Signature Aviation'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.

* Premium members only.

Signature Aviation Days Payable Chart

Signature Aviation Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.94 75.99 51.06 40.50 70.17

Signature Aviation Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.11 60.88 59.10 63.28 88.31

Competitive Comparison of Signature Aviation's Days Payable

For the Airports & Air Services subindustry, Signature Aviation'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.


Signature Aviation's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Signature Aviation's Days Payable distribution charts can be found below:

* The bar in red indicates where Signature Aviation's Days Payable falls into.



Signature Aviation 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.

Signature Aviation's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (139.4 + 197.309) / 2 ) / 875.688*365
=168.3545 / 875.688*365
=70.17

Signature Aviation's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

Days Payable (Q: Dec. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2020 ) + Accounts Payable (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (203.985 + 197.309) / 2 ) / 414.631*365 / 2
=200.647 / 414.631*365 / 2
=88.31

* 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.


Signature Aviation Days Payable Related Terms

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Signature Aviation (LSE:SIG) Business Description

Traded in Other Exchanges
N/A
Address
105 Wigmore Street, London, GBR, W1U 1QY
Signature Aviation is a United Kingdom-based global aviation support and aftermarket services provider that focuses on servicing the business and general aviation market. The group, including Signature FBO, TechnicAir, and Epic fuels, provides full-service flight and home-base support through the fixed-base operation network for business and general aviation users. The company operates through three segments: owner operators, fractional owner operators, and charter operators. Epic provides fuel and fuel-related services at fixed-base networks across North America, including fuel purchasing cards and transaction processing. The company generates most of its revenue in North America.