Quickstep Holdings (ASX:QHL) Days Payable : 50.62 (As of Dec. 2024)

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What is Quickstep Holdings Days Payable?

Quickstep Holdings's average Accounts Payable for the six months ended in Dec. 2024 was A$8.25 Mil. Quickstep Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was A$29.73 Mil. Hence, Quickstep Holdings's Days Payable for the six months ended in Dec. 2024 was 50.62.

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

ASX:QHL' s Days Payable Range Over the Past 10 Years
Min: 54.1 Med: 71.27 Max: 81.4
Current: 60.2

During the past 13 years, Quickstep Holdings's highest Days Payable was 81.40. The lowest was 54.10. And the median was 71.27.

ASX:QHL's Days Payable is ranked worse than
55.33% of 300 companies
in the Aerospace & Defense industry
Industry Median: 68.74 vs ASX:QHL: 60.20

Quickstep Holdings's Days Payable increased from Dec. 2023 (50.29) to Dec. 2024 (50.62). It may suggest that Quickstep Holdings delayed paying its suppliers.

Quickstep Holdings Days Payable Historical Data

The historical data trend for Quickstep 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.

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Quickstep Holdings Days Payable Chart

Quickstep Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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74.52

66.10

81.40

70.84

54.80

Quickstep Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															64.74	48.74	50.29	68.36	50.62

Competitive Comparison of Quickstep Holdings's Days Payable

For the Aerospace & Defense subindustry, Quickstep 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.

Quickstep Holdings's Days Payable Distribution in the Aerospace & Defense Industry

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

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

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Quickstep 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.

Quickstep 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
=	( (13.489	+	8.953)	/	2 )	/	74.741	*	365
=	11.221					/	74.741	*	365
=	54.80

Quickstep 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
=	( (8.953	+	7.542)	/	2 )	/	29.734	*	365 / 2
=	8.2475					/	29.734	*	365 / 2
=	50.62

Quickstep Holdings Days Payable Related Terms

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Quickstep Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Quickstep Holdings Ltd (ASX:QHL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

361 Milperra Road, Bankstown Airport, Bankstown Aerodrome, Sydney, NSW, AUS, 2200

Website

https://www.quickstep.com.au

Quickstep Holdings Ltd manufactures advanced composites for defense and commercial aerospace, and other industry manufacturing sectors. The group consisted of the production of parts for Northrop Grumman for the Joint Strike Fighter Project, C-130J wing flaps for Lockheed Martin, and Others. Its geographic segments include the United States of America, Australia, and the United Kingdom of which it generates the majority of its revenue from the United States of America.

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