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AeroVironment (AeroVironment) Days Payable

: 21.34 (As of Jan. 2024)
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AeroVironment's average Accounts Payable for the three months ended in Jan. 2024 was $27.9 Mil. AeroVironment's Cost of Goods Sold for the three months ended in Jan. 2024 was $119.3 Mil. Hence, AeroVironment's Days Payable for the three months ended in Jan. 2024 was 21.34.

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

AVAV' s Days Payable Range Over the Past 10 Years
Min: 24.23   Med: 36.03   Max: 52.62
Current: 24.23

During the past 13 years, AeroVironment's highest Days Payable was 52.62. The lowest was 24.23. And the median was 36.03.

AVAV's Days Payable is ranked worse than
93.6% of 297 companies
in the Aerospace & Defense industry
Industry Median: 77.56 vs AVAV: 24.23

AeroVironment's Days Payable declined from Jan. 2023 (27.07) to Jan. 2024 (21.34). It may suggest that AeroVironment accelerated paying its suppliers.


AeroVironment Days Payable Historical Data

The historical data trend for AeroVironment'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 36.64 [6] => 30.53 [7] => 35.41 [8] => 26.42 [9] => 25.16 )
AeroVironment Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.64 30.53 35.41 26.42 25.16

AeroVironment Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 27.07 22.41 31.67 24.94 21.34

Competitive Comparison

For the Aerospace & Defense subindustry, AeroVironment'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.


AeroVironment Days Payable Distribution

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

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



AeroVironment 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.

AeroVironment's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

Days Payable (A: Apr. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2022 ) + Accounts Payable (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (19.244 + 31.355) / 2 ) / 367.022*365
=25.2995 / 367.022*365
=25.16

AeroVironment's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (28.834 + 26.969) / 2 ) / 119.291*365 / 4
=27.9015 / 119.291*365 / 4
=21.34

* 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.


AeroVironment Days Payable Related Terms

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AeroVironment (AeroVironment) Business Description

Traded in Other Exchanges
Address
241 18th Street South, Suite 415, Arlington, VA, USA, 22202
AeroVironment Inc operates under a single business segment in which it supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States allied international governments. The systems can help with security, surveillance, or sensing, and provide "eyes in the sky" without needing an actual person, or driver, in the sky.
Executives
Mary Beth Long director 309 FRANKLIN STREET, ALEXANDRIA VA 22314
Brian Charles Shackley officer: Chief Accounting Officer 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Cindy Kay Lewis director 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Trace E Stevenson officer: Sr. VP 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Brett P Hush officer: Sr. VP 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Jeff E Rodrian officer: Sr. VP 900 INNOVATORS WAY, SIMI VALLEY CA 93063
Phillip S Davidson director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Kevin Patrick Mcdonnell officer: Chief Financial Officer 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Stephen F Page director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Edward R Muller director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Charles Thomas Burbage director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Charles R Holland director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Melissa Ann Brown officer: VP, Gen. Counsel, Corp. Sec. 800 ROYAL OAKS DRIVE, SUITE 210, MONROVIA CA 91016
Alison Marie Roelke officer: VP People & Culture 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Timothy E Conver director, 10 percent owner, officer: President and CEO 900 INNOVATORS WAY, SIMI VALLEY CA 93065

AeroVironment (AeroVironment) Headlines

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