Austal (ASX:ASB) Days Payable : 63.94 (As of Jun. 2024)

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What is Austal Days Payable?

Austal's average Accounts Payable for the six months ended in Jun. 2024 was A$235 Mil. Austal's Cost of Goods Sold for the six months ended in Jun. 2024 was A$672 Mil. Hence, Austal's Days Payable for the six months ended in Jun. 2024 was 63.94.

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

ASX:ASB' s Days Payable Range Over the Past 10 Years
Min: 35.16 Med: 45.8 Max: 59.22
Current: 56.81

During the past 13 years, Austal's highest Days Payable was 59.22. The lowest was 35.16. And the median was 45.80.

ASX:ASB's Days Payable is ranked worse than
59.33% of 300 companies
in the Aerospace & Defense industry
Industry Median: 71.79 vs ASX:ASB: 56.81

Austal's Days Payable increased from Jun. 2023 (27.13) to Jun. 2024 (63.94). It may suggest that Austal delayed paying its suppliers.

Austal Days Payable Historical Data

The historical data trend for Austal'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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Austal Days Payable Chart

Austal Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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35.50

39.25

43.40

35.16

54.59

Austal 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															39.17	30.56	27.13	51.46	63.94

Competitive Comparison of Austal's Days Payable

For the Aerospace & Defense subindustry, Austal'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.

Austal's Days Payable Distribution in the Aerospace & Defense Industry

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

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

Austal 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.

Austal'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
=	( (134.586	+	253.184)	/	2 )	/	1296.397	*	365
=	193.885					/	1296.397	*	365
=	54.59

Austal'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
=	( (217.606	+	253.184)	/	2 )	/	671.864	*	365 / 2
=	235.395					/	671.864	*	365 / 2
=	63.94

Austal Days Payable Related Terms

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Austal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Austal Ltd (ASX:ASB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AUTLF:USA LX6:Germany

Address

100 Clarence Beach Road, Henderson, Perth, WA, AUS, 6166

Website

https://www.austal.com

Austal Ltd is engaged in designing, constructing, and supporting revolutionary defense and commercial vessels. The company designs, constructs, and supports passenger ferries, vehicle passenger ferries, and offshore and windfarm vessels; naval vessels; naval surface warfare combatants; and patrol boats for government law enforcement and border protection agencies. Its reportable segments are USA Shipbuilding; USA Support; Australasia Shipbuilding and Australasia Support. Maximum revenue is generated from its USA Shipbuilding segment which manufactures high performance defence vessels for U.S. Navy and Coast Guard. Geographically, the company derives a majority of its revenue from the United States of America and the rest from Australia, Europe, Asia, South America, and the Middle East.