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Aeris Environmental (ASX:AEI) Days Payable : 373.26 (As of Jun. 2024)


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What is Aeris Environmental Days Payable?

Aeris Environmental's average Accounts Payable for the six months ended in Jun. 2024 was A$1.33 Mil. Aeris Environmental's Cost of Goods Sold for the six months ended in Jun. 2024 was A$0.65 Mil. Hence, Aeris Environmental's Days Payable for the six months ended in Jun. 2024 was 373.26.

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

ASX:AEI' s Days Payable Range Over the Past 10 Years
Min: 104.86   Med: 196.1   Max: 299.92
Current: 299.92

During the past 13 years, Aeris Environmental's highest Days Payable was 299.92. The lowest was 104.86. And the median was 196.10.

ASX:AEI's Days Payable is ranked better than
94.71% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs ASX:AEI: 299.92

Aeris Environmental's Days Payable declined from Jun. 2023 (437.00) to Jun. 2024 (373.26). It may suggest that Aeris Environmental accelerated paying its suppliers.


Aeris Environmental Days Payable Historical Data

The historical data trend for Aeris Environmental'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.

Aeris Environmental Days Payable Chart

Aeris Environmental Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.29 164.86 273.75 225.20 194.57

Aeris Environmental Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial 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 316.00 378.47 437.00 333.60 373.26

Competitive Comparison of Aeris Environmental's Days Payable

For the Pollution & Treatment Controls subindustry, Aeris Environmental'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.


Aeris Environmental's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aeris Environmental's Days Payable distribution charts can be found below:

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



Aeris Environmental 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.

Aeris Environmental's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0.688 + 0.763) / 2 ) / 1.361*365
=0.7255 / 1.361*365
=194.57

Aeris Environmental's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (1.904 + 0.763) / 2 ) / 0.652*365 / 2
=1.3335 / 0.652*365 / 2
=373.26

* 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.


Aeris Environmental Days Payable Related Terms

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Aeris Environmental Business Description

Traded in Other Exchanges
N/A
Address
Unit 5, 26-34 Dunning Avenue, Level 1, Rosebery, Sydney, NSW, AUS, 2018
Aeris Environmental Ltd is engaged in the research, development, commercialization of proprietary technologies, and distribution of HVAC/R Hygiene, anti-corrosion, and disinfectant products. The company provides various solutions and products such as Aerisview, Aerisguard Polymers, Aeris Smarthub, Bioactive Coil Treatment, Multi Enzyme Coil Cleaner, Surface Treatment, HD Cleaner, and others. Its geographic reportable segments are Australia and International. The company generates a majority of its revenue from Australia.

Aeris Environmental Headlines

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