Aerometrex (ASX:AMX) Days Payable : 64.80 (As of Dec. 2023)

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What is Aerometrex Days Payable?

Aerometrex's average Accounts Payable for the six months ended in Dec. 2023 was A$1.77 Mil. Aerometrex's Cost of Goods Sold for the six months ended in Dec. 2023 was A$4.99 Mil. Hence, Aerometrex's Days Payable for the six months ended in Dec. 2023 was 64.80.

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

ASX:AMX' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 287.88
Current: 287.88

During the past 5 years, Aerometrex's highest Days Payable was 287.88. The lowest was 0.00. And the median was 0.00.

ASX:AMX's Days Payable is ranked better than
87.99% of 2532 companies
in the Software industry
Industry Median: 50.275 vs ASX:AMX: 287.88

Aerometrex's Days Payable declined from Dec. 2022 (117.64) to Dec. 2023 (64.80). It may suggest that Aerometrex accelerated paying its suppliers.

Aerometrex Days Payable Historical Data

The historical data trend for Aerometrex'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.

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Aerometrex Days Payable Chart

Aerometrex Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Aerometrex Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				94.67	-	117.64	-	64.80

Competitive Comparison of Aerometrex's Days Payable

For the Software - Application subindustry, Aerometrex'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.

Aerometrex's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Aerometrex's Days Payable distribution charts can be found below:

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

Aerometrex 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.

Aerometrex'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
=	( (1.325	+	1.45)	/	2 )	/	0	*	365
=	1.3875					/	0	*	365
=	N/A

Aerometrex'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
=	( (1.45	+	2.095)	/	2 )	/	4.992	*	365 / 2
=	1.7725					/	4.992	*	365 / 2
=	64.80

Aerometrex Days Payable Related Terms

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Aerometrex (ASX:AMX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Aerometrex Ltd (ASX:AMX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

51-53 Glynburn Road, Glynde, Adelaide, SA, AUS, 5070

Website

https://www.aerometrex.com.au

Aerometrex Ltd is an aerial mapping company. It is specialized in aerial photography and mapping, aerial LiDAR surveys, 3D modelling, and MetroMap. The firm generates its revenue in the form of subscription revenue from the MetroMap aerial imagery subscription service or Data as a Service. Its geographical segment includes Australia and USA. The company derives a majority of revenue from Australia.