ASLE (AerSale) Days Payable : 49.68 (As of Sep. 2024)

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What is AerSale Days Payable?

AerSale's average Accounts Payable for the three months ended in Sep. 2024 was $32.1 Mil. AerSale's Cost of Goods Sold for the three months ended in Sep. 2024 was $59.0 Mil. Hence, AerSale's Days Payable for the three months ended in Sep. 2024 was 49.68.

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

ASLE' s Days Payable Range Over the Past 10 Years
Min: 28.36 Med: 30 Max: 47.27
Current: 47.27

During the past 6 years, AerSale's highest Days Payable was 47.27. The lowest was 28.36. And the median was 30.00.

ASLE's Days Payable is ranked better than
60.56% of 933 companies
in the Transportation industry
Industry Median: 37.3 vs ASLE: 47.27

AerSale's Days Payable increased from Sep. 2023 (43.00) to Sep. 2024 (49.68). It may suggest that AerSale delayed paying its suppliers.

AerSale Days Payable Historical Data

The historical data trend for AerSale'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.

AerSale Days Payable Chart

AerSale Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.36

39.03

30.00

29.17

38.47

AerSale Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															43.00	44.87	41.51	45.86	49.68

Competitive Comparison of AerSale's Days Payable

For the Airports & Air Services subindustry, AerSale'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.

AerSale's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AerSale's Days Payable distribution charts can be found below:

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

AerSale 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.

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

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (21.131	+	29.899)	/	2 )	/	242.082	*	365
=	25.515					/	242.082	*	365
=	38.47

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

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (29.388	+	34.87)	/	2 )	/	59.009	*	365 / 4
=	32.129					/	59.009	*	365 / 4
=	49.68

AerSale Days Payable Related Terms

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AerSale Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AerSale Corp (NAS:ASLE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

255 Alhambra Circle, Suite 435, Coral Gables, FL, USA, 33134

Website

https://www.aersale.com

AerSale Corp is an integrated, diversified leader in aviation aftermarket products and services. It specializes in the sale, lease, and exchange of used aircraft, engines, and components, in addition to providing a broad range of maintenance, repair, and overhaul, and engineering services for commercial aircraft and components. The company operating segment includes Asset Management Solutions and TechOps. It generates maximum revenue from the Asset Management Solutions segment.

Executives

Nicholas Finazzo	director, officer: See Remarks	C/O AERSALE CORPORATION, 255 ALHAMBRA CIRCLE, SUITE 435, CORAL GABLES FL 33134
Frederick Craig Wright	officer: See Remarks	C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Benjamin Thomas Tschirhart	officer: See Remarks	255 ALHAMBRA CIRCLE, SUITE 435, CORAL GABLES FL 33134
Judith Ann Fedder	director	1843 CHEROKEE ROSE CIRCLE, MT PLEASANT SC 29466
Claude Robert Kehler	director	C/O MONOCLE ACQUISITION CORPORATION, 750 LEXINGTON AVENUE, SUITE 1501, NEW YORK NY 10022
Robert B. Nichols	director, officer: See Remarks	C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Martin Garmendia	officer: See Remarks	C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Michael Kirton	director, 10 percent owner	11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors Cf, L.p.	director, 10 percent owner	11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
James Fry	officer: See Remarks	YRC WORLDWIDE, INC., 10990 ROE AVENUE, OVERLAND PARK KS 66211
Basil Barimo	officer: See Remarks	C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Andrew C Levy	director	8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Charles P Mcdonald	officer: See Remarks	HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Green Equity Investors Side Cf, L.p.	director, 10 percent owner	11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Lgp Associates Cf, Llc	director, 10 percent owner	11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025