Austin Engineering (Austin Engineering) Days Payable : 165.60 (As of Dec. 2023)

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What is Austin Engineering Days Payable?

Austin Engineering's average Accounts Payable for the six months ended in Dec. 2023 was $30.1 Mil. Austin Engineering's Cost of Goods Sold for the six months ended in Dec. 2023 was $33.2 Mil. Hence, Austin Engineering's Days Payable for the six months ended in Dec. 2023 was 165.60.

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

AUSTF' s Days Payable Range Over the Past 10 Years
Min: 122.49 Med: 148.31 Max: 204.06
Current: 204.06

During the past 13 years, Austin Engineering's highest Days Payable was 204.06. The lowest was 122.49. And the median was 148.31.

AUSTF's Days Payable is ranked better than
87.8% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.05 vs AUSTF: 204.06

Austin Engineering's Days Payable declined from Dec. 2022 (253.69) to Dec. 2023 (165.60). It may suggest that Austin Engineering accelerated paying its suppliers.

Austin Engineering Days Payable Historical Data

The historical data trend for Austin Engineering'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.

Austin Engineering Days Payable Chart

Austin Engineering Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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145.71

124.86

152.83

188.23

146.45

Austin Engineering Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															295.20	169.85	253.69	214.91	165.60

Competitive Comparison of Austin Engineering's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Austin Engineering'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.

Austin Engineering's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Austin Engineering's Days Payable distribution charts can be found below:

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

Austin Engineering 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.

Austin Engineering's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (21.756	+	27.627)	/	2 )	/	61.539	*	365
=	24.6915					/	61.539	*	365
=	146.45

Austin Engineering'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (27.627	+	32.597)	/	2 )	/	33.185	*	365 / 2
=	30.112					/	33.185	*	365 / 2
=	165.60

Austin Engineering Days Payable Related Terms

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Austin Engineering (Austin Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Austin Engineering Ltd (OTCPK:AUSTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RZA:Germany ANG:Australia

Address

100 Chisholm Crescent, Kewdale, Perth, WA, AUS, 6105

Website

https://www.austineng.com

Austin Engineering Ltd is an Australia based engineering company. It designs and manufactures customized off-highway truck bodies, buckets, water tanks, tyre handlers, and other ancillary products. It is a complete service provider through the product's life cycle, offering on and off-site repair and maintenance. Its geographical segments include Asia-Pacific, North America, and South America. The company generates maximum revenue from the Asia-Pacific segment through the sale of truck bodies.

Austin Engineering (Austin Engineering) Headlines

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