GURUFOCUS.COM » STOCK LIST » USA » NAS » Astronics Corp (NAS:ATRO) » Definitions » Days Payable
Switch to:

Astronics Days Payable

: 36.04 (As of Jun. 2022)
View and export this data going back to 1984. Start your Free Trial

Astronics's average Accounts Payable for the three months ended in Jun. 2022 was $44.8 Mil. Astronics's Cost of Goods Sold for the three months ended in Jun. 2022 was $113.4 Mil. Hence, Astronics's Days Payable for the three months ended in Jun. 2022 was 36.04.

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

ATRO' s Days Payable Range Over the Past 10 Years
Min: 19.59   Med: 25.34   Max: 32.61
Current: 32.61

During the past 13 years, Astronics's highest Days Payable was 32.61. The lowest was 19.59. And the median was 25.34.

ATRO's Days Payable is ranked worse than
87.55% of 265 companies
in the Aerospace & Defense industry
Industry Median: 72.10 vs ATRO: 32.61

Astronics's Days Payable increased from Jun. 2021 (25.17) to Jun. 2022 (36.04). It may suggest that Astronics delayed paying its suppliers.


Astronics Days Payable Historical Data

The historical data trend for Astronics'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.

Astronics Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.06 27.12 25.61 28.02 29.48

Astronics Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 25.17 26.56 27.73 37.10 36.04

Competitive Comparison

For the Aerospace & Defense subindustry, Astronics'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.

   

Astronics Days Payable Distribution

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

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



Astronics 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.

Astronics's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (26.446 + 34.86) / 2 ) / 379.545*365
=30.653 / 379.545*365
=29.48

Astronics'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: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (43.4 + 46.198) / 2 ) / 113.418*365 / 4
=44.799 / 113.418*365 / 4
=36.04

* 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.


Astronics Days Payable Related Terms

Thank you for viewing the detailed overview of Astronics's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Astronics Business Description

Astronics logo
Traded in Other Exchanges
Address
130 Commerce Way, East Aurora, NY, USA, 14052
Astronics Corp supplies products to the aerospace, defense, and other industries. The company has two reportable segments namely Aerospace and Test Systems. The aerospace segment serves three primary markets: military, commercial transport and business jet markets. Test Systems segment serves the aerospace, defense, and semiconductor markets. The company generates a majority of its revenue from the Aerospace segment. Geographically, it generates a majority of its revenue from the United States.
Executives
Keane Robert S director, 10 percent owner VISTAPRINT USA, INCORPORATED 100 HAYDEN AVE. LEXINGTON MA 02421
Calaway Tonit M director HARLEY-DAVIDSON MOTOR COMPANY 3700 WEST JUNEAU AVENUE MILWAUKEE WI 53208
Kuehn Michael C officer: Executive Vice President 130 COMMERCE WAY EAST AURORA NY 14052
Moran Mark J director 1600 SMITH STREET HQSEO HOUSTON TX 77002
Keane Daniel G 10 percent owner 1801 ELMWOOD AVE BUFFALO NY 14207
5096 Saranac Llc 10 percent owner 1801 ELMWOOD AVENUE SUITE 1 BUFFALO NY 14207-2463
Mulato James other: Pres Astronics Test Systems 4 GOODYEAR IRVINE CA 92677
Frisby Jeffry D director C/O QUAKER CHEMICAL CORPORATION ONE QUAKER PARK, 901 HECTOR STREET CONSHOHOCKEN PA 19428
Johnson Warren C director P.O. BOX 189 13133 BEAR ROAD WALES CENTER NY 14169
Kim Neil Y. director MARVELL SEMICONDUCTOR, INC. 5488 MARVELL LANE SANTA CLARA CA 95054
Kevin T. Keane 2016 Grat 10 percent owner 1801 ELMWOOD AVENUE, SUITE 1 BUFFALO NY 14207-2463
Hedges Nancy L officer: Principal Accounting Officer 130 COMMERCE WAY EAST AURORA NY 14052
Peabody Mark officer: VP Astronics Advanced Electron 130 COMMERCE WAY EAST AURORA NY 14052
Kramer James S officer: VP Luminescent Systems, Inc. 130 COMMERCE WAY EAST AURORA NY 14052
Boushie Raymond W director 124 LUUREL LANE PONTE VEDRA BEACH FL 32082

Astronics Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)