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Avanceon (KAR:AVN) Days Payable : 411.95 (As of Mar. 2025)


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What is Avanceon Days Payable?

Avanceon's average Accounts Payable for the three months ended in Mar. 2025 was ₨6,965 Mil. Avanceon's Cost of Goods Sold for the three months ended in Mar. 2025 was ₨1,543 Mil. Hence, Avanceon's Days Payable for the three months ended in Mar. 2025 was 411.95.

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

KAR:AVN' s Days Payable Range Over the Past 10 Years
Min: 106.18   Med: 148.68   Max: 207.33
Current: 193.9

During the past 9 years, Avanceon's highest Days Payable was 207.33. The lowest was 106.18. And the median was 148.68.

KAR:AVN's Days Payable is ranked better than
89.64% of 521 companies
in the Conglomerates industry
Industry Median: 59.95 vs KAR:AVN: 193.90

Avanceon's Days Payable increased from Mar. 2024 (404.18) to Mar. 2025 (411.95). It may suggest that Avanceon delayed paying its suppliers.


Avanceon Days Payable Historical Data

The historical data trend for Avanceon'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.

Avanceon Days Payable Chart

Avanceon Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only 139.73 207.33 204.89 148.68 176.61

Avanceon Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 404.18 234.78 192.54 106.10 411.95

Competitive Comparison of Avanceon's Days Payable

For the Conglomerates subindustry, Avanceon'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.


Avanceon's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Avanceon's Days Payable distribution charts can be found below:

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


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Avanceon 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.

Avanceon's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (5310.372 + 6201.294) / 2 ) / 11895.851*365
=5755.833 / 11895.851*365
=176.61

Avanceon's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (6201.294 + 7729.606) / 2 ) / 1542.895*365 / 4
=6965.45 / 1542.895*365 / 4
=411.95

* 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.


Avanceon Days Payable Related Terms

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Avanceon Business Description

Traded in Other Exchanges
N/A
Address
19-KM, Main Multan Road, The Avanceon Building, Lahore, PB, PAK, 54660
Avanceon Ltd provides total engineering solutions. The principal activity of the Company is to provide industrial automation, process control, and systems integration solutions, to trade in products of automation and control equipment, and to provide related technical services. It offers various solutions such as Automation, Project Management, Consulting, the Industrial Internet of Things, Serialization, and others. The firm's segment includes Core Business, Specialized Business, Engineering and Back Office, After Market Support, Manufacturing and Assembling, and the Middle East. Geographically, the company generates revenue from Qatar, Pakistan, the Kingdom of Saudi Arabia, and the United Arab Emirates.

Avanceon Headlines

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