EKSN (Erickson) Days Payable: 36.70 (As of Jun. 2016)


What is Erickson Days Payable?

Erickson EKSN Days Payable is 36.70 as of Jun. 2016.

Erickson's average Accounts Payable for the three months ended in Jun. 2016 was $21.0 Mil. Erickson's Cost of Goods Sold for the three months ended in Jun. 2016 was $52.2 Mil. Hence, Erickson's Days Payable for the three months ended in Jun. 2016 was 36.70.

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

EKSN's Days Payable is not ranked *
in the Aerospace & Defense industry.
Industry Median: 64.875
* Ranked among companies with meaningful Days Payable only.

Erickson's Days Payable increased from Jun. 2015 (28.28) to Jun. 2016 (36.70). It may suggest that Erickson delayed paying its suppliers.

Erickson Days Payable Historical Data

* Premium members only.

The historical data trend for Erickson'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.

Erickson Days Payable Chart

Erickson Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial 33.20 26.33 30.78 33.57 24.43

Erickson Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 28.28 26.62 27.73 24.56 36.70

EKSN vs : Days Payable Comparison

For the Aerospace & Defense subindustry, Erickson'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.

Erickson Days Payable vs Aerospace & Defense Industry

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

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


Erickson 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.

Erickson's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (19.844 + 13.66) / 2 ) / 250.245*365
=16.752 / 250.245*365
=24.43

Erickson's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable (Q: Jun. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2016 ) + Accounts Payable (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (13.742 + 28.225) / 2 ) / 52.168*365 / 4
=20.9835 / 52.168*365 / 4
=36.70

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 36.70 mean?
Erickson (EKSN) has a Days Payable of 36.70 as of Jun. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Erickson and its competitors.
Is Erickson's Days Payable too high?
Erickson's current Days Payable is 36.70. The Aerospace & Defense industry median Days Payable is 64.88. Erickson's value of 36.70 is 43.4% below this industry median.
How does Erickson's Days Payable compare to ?
Erickson's Days Payable of 36.70 can be compared against companies in the Aerospace & Defense industry. The industry median Days Payable is 64.88. Erickson's value of 36.70 is 43.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.88, based on 338 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Erickson's current Days Payable of 36.70 is 43.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Erickson and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erickson's current Days Payable is 36.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erickson stock overvalued right now?
Erickson (EKSN) has a current Days Payable of 36.70. The current Days Payable is 36.70 and 43.4% below the Aerospace & Defense industry median of 64.88. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Erickson (EKSN), the current Days Payable is 36.70 as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Erickson Business Description

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Address 3100 Willow Springs Road, Central Point, OR, USA, 97239
Erickson Inc owns and operates a diverse fleet of aircraft. The company offers support and maintenance, repair, remanufacture and related overhaul services to Aircrane and other aircrafts. In addition, the company leases aircrafts for specific missions. Geographically the activities are carried out through the region of United States.