Adrad Holdings (ASX:AHL) Days Payable : 47.04 (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Adrad Holdings Days Payable?

Adrad Holdings's average Accounts Payable for the six months ended in Dec. 2024 was A$9.7 Mil. Adrad Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was A$37.8 Mil. Hence, Adrad Holdings's Days Payable for the six months ended in Dec. 2024 was 47.04.

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

ASX:AHL' s Days Payable Range Over the Past 10 Years
Min: 48.82 Med: 51.27 Max: 54.18
Current: 54.18

During the past 2 years, Adrad Holdings's highest Days Payable was 54.18. The lowest was 48.82. And the median was 51.27.

ASX:AHL's Days Payable is ranked worse than
66.42% of 2942 companies
in the Industrial Products industry
Industry Median: 76.25 vs ASX:AHL: 54.18

Adrad Holdings's Days Payable declined from Dec. 2023 (50.92) to Dec. 2024 (47.04). It may suggest that Adrad Holdings accelerated paying its suppliers.

Adrad Holdings Days Payable Historical Data

The historical data trend for Adrad Holdings'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.

Adrad Holdings Days Payable Chart

Adrad Holdings Annual Data

Trend

Jun23

Jun24

Days Payable

53.72

48.82

Adrad Holdings Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	-	29.07	50.92	55.45	47.04

Competitive Comparison of Adrad Holdings's Days Payable

For the Specialty Industrial Machinery subindustry, Adrad Holdings'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.

Adrad Holdings's Days Payable Distribution in the Industrial Products Industry

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

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

Save Embed

;

Save Embed

;

Adrad Holdings 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.

Adrad Holdings'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
=	( (10.323	+	7.391)	/	2 )	/	66.219	*	365
=	8.857					/	66.219	*	365
=	48.82

Adrad Holdings's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (7.391	+	12.09)	/	2 )	/	37.788	*	365 / 2
=	9.7405					/	37.788	*	365 / 2
=	47.04

Adrad Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Adrad Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Adrad Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Adrad Holdings Ltd (ASX:AHL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Howards Road, Beverley, SA, AUS, 5009

Website

https://www.adradholdings.com.au

Adrad Holdings Ltd designs and manufactures a wide variety of original equipment and aftermarket heat exchange products for both mobile and stationary applications. The company operates in two segments which include Heat Transfer Solutions, and Distribution. Heat Transfer Solutions segment which derives maximum revenue, engages in original equipment manufacturing which includes manufacturing of industrial and automotive radiators and cooling solutions. The Distribution segment includes the distribution of radiators and parts in the automotive aftermarket. It operates manufacturing facilities in Australia and Thailand. Geographically, the company derives key revenue from Australasia and the rest from Asia, the Middle East, North America, South America, Europe, and Africa.