CAE (CAE) Days Payable

: 114.57 (As of Dec. 2023)

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CAE's average Accounts Payable for the three months ended in Dec. 2023 was $741 Mil. CAE's Cost of Goods Sold for the three months ended in Dec. 2023 was $590 Mil. Hence, CAE's Days Payable for the three months ended in Dec. 2023 was 114.57.

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

CAE' s Days Payable Range Over the Past 10 Years
Min: 57.59 Med: 67.51 Max: 96.76
Current: 96.76

During the past 13 years, CAE's highest Days Payable was 96.76. The lowest was 57.59. And the median was 67.51.

CAE's Days Payable is ranked better than
59.26% of 297 companies
in the Aerospace & Defense industry
Industry Median: 77.35 vs CAE: 96.76

CAE's Days Payable declined from Dec. 2022 (120.10) to Dec. 2023 (114.57). It may suggest that CAE accelerated paying its suppliers.

CAE Days Payable Historical Data

The historical data trend for CAE'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.

CAE Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

59.89

73.21

78.03

68.10

59.70

CAE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																120.10	67.98	87.77	113.14	114.57

Competitive Comparison

For the Aerospace & Defense subindustry, CAE'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.

CAE Days Payable Distribution

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

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

CAE 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.

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

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (344.55	+	381.568)	/	2 )	/	2219.542	*	365
=	363.059					/	2219.542	*	365
=	59.70

CAE's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (737.196	+	745.006)	/	2 )	/	590.265	*	365 / 4
=	741.101					/	590.265	*	365 / 4
=	114.57

CAE Days Payable Related Terms

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CAE (CAE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CAE Inc (NYSE:CAE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CE9:Germany CAE:Canada

Address

8585 Cote de Liesse, Saint-Laurent, QC, CAN, H4T 1G6

Website

https://www.cae.com

CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company's training solutions are provided through products and services. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations. Roughly one-third of sales are from the United States, with the remainder split among several other nations.