Butler National (Butler National) Days Payable

: 84.06 (As of Jan. 2024)

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Butler National's average Accounts Payable for the three months ended in Jan. 2024 was $9.16 Mil. Butler National's Cost of Goods Sold for the three months ended in Jan. 2024 was $9.94 Mil. Hence, Butler National's Days Payable for the three months ended in Jan. 2024 was 84.06.

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

BUKS' s Days Payable Range Over the Past 10 Years
Min: 11.05 Med: 18.33 Max: 57.71
Current: 57.71

During the past 13 years, Butler National's highest Days Payable was 57.71. The lowest was 11.05. And the median was 18.33.

BUKS's Days Payable is ranked worse than
60.27% of 297 companies
in the Aerospace & Defense industry
Industry Median: 77.35 vs BUKS: 57.71

Butler National's Days Payable increased from Jan. 2023 (38.60) to Jan. 2024 (84.06). It may suggest that Butler National delayed paying its suppliers.

Butler National Days Payable Historical Data

The historical data trend for Butler National'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.

Butler National Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

17.56

11.05

11.94

23.40

35.76

Butler National Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable																38.60	47.41	38.40	58.78	84.06

Competitive Comparison

For the Aerospace & Defense subindustry, Butler National'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.

Butler National Days Payable Distribution

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

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

Butler National 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.

Butler National'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
=	( (2.773	+	5.32)	/	2 )	/	41.303	*	365
=	4.0465					/	41.303	*	365
=	35.76

Butler National'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
=	( (9.82	+	8.496)	/	2 )	/	9.941	*	365 / 4
=	9.158					/	9.941	*	365 / 4
=	84.06

Butler National Days Payable Related Terms

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Butler National (Butler National) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Butler National Corp (OTCPK:BUKS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

19920 West 161st Street, Olathe, KS, USA, 66062

Website

https://www.butlernational.com

Butler National Corp is engaged in designing, manufacturing and selling, installing, repairing, modifying, overhauling, servicing and distributing a broad portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems. The company's operating segment includes Professional Services and Aerospace Products. It generates maximum revenue from the Aerospace Products segment. The Professional Services segment provides professional management services in the gaming industry, and professional architectural, and engineering services. It has a business presence in North America, Europe, Asia, Australia and other geographical regions.

Executives

Joseph Patrick Daly	10 percent owner	497 CIRCLE FREEWAY, CINCINNATI OH 45246
Joe Aric Peters	director	15125 MELROSE DRIVE, OVERLAND PARK KS 66221
Zeff Holding Company, Llc	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
Veradace Partners Lp	10 percent owner	2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
Zeff Capital, Lp	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
Daniel Zeff	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
John M. Edgar	director	2600 GRAND BOULEVARD, SUITE 440, KANSAS CITY MO 64108
David B Hayden	director	15733 SHANNAN LANE, OLATHE KS 66062
Tad Mitchell Mcmahon	officer: Chief Financial Officer	19920 W 161ST STREET, OLATHE KS 66062
Craig D Stewart	officer: Vice President and CFO	15213 KING STREET, OVERLAND PARK KS 66221
Angela D Seba-shinabargar	officer: CFO	11575 S. WATER, OLATHE KS 66061
Bradley Kyle Hoffman	director	8741 ENSLEY LANE, LEAWOOD KS 66206
Michael Joseph Tamburelli	director	11028 N. LAUREL AVE, KANSAS CITY MO 64157
Christopher J Reedy	officer: Vice President	7411 RICHARDS DRIVE, SHAWNEE KS 66216
Clark D Stewart	director, officer: President - CEO	15733 SHANNAN LANE, OLATHE KS 66062