AAC Clyde Space AB (OSTO:AAC) Days Payable : 183.87 (As of Sep. 2024)

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What is AAC Clyde Space AB Days Payable?

AAC Clyde Space AB's average Accounts Payable for the three months ended in Sep. 2024 was kr35.7 Mil. AAC Clyde Space AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr17.7 Mil. Hence, AAC Clyde Space AB's Days Payable for the three months ended in Sep. 2024 was 183.87.

The historical rank and industry rank for AAC Clyde Space AB's Days Payable or its related term are showing as below:

OSTO:AAC' s Days Payable Range Over the Past 10 Years
Min: 80.94 Med: 187.95 Max: 989.28
Current: 148.52

During the past 10 years, AAC Clyde Space AB's highest Days Payable was 989.28. The lowest was 80.94. And the median was 187.95.

OSTO:AAC's Days Payable is ranked better than
71.57% of 299 companies
in the Aerospace & Defense industry
Industry Median: 71.58 vs OSTO:AAC: 148.52

AAC Clyde Space AB's Days Payable declined from Sep. 2023 (1,096.98) to Sep. 2024 (183.87). It may suggest that AAC Clyde Space AB accelerated paying its suppliers.

AAC Clyde Space AB Days Payable Historical Data

The historical data trend for AAC Clyde Space AB'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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AAC Clyde Space AB Days Payable Chart

AAC Clyde Space AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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155.33

109.97

110.06

203.27

187.95

AAC Clyde Space AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															1,096.98	138.31	112.46	179.08	183.87

Competitive Comparison of AAC Clyde Space AB's Days Payable

For the Aerospace & Defense subindustry, AAC Clyde Space AB'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.

AAC Clyde Space AB's Days Payable Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where AAC Clyde Space AB's Days Payable falls into.

AAC Clyde Space AB 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.

AAC Clyde Space AB's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (41.503	+	36.412)	/	2 )	/	75.656	*	365
=	38.9575					/	75.656	*	365
=	187.95

AAC Clyde Space AB's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (36.042	+	35.353)	/	2 )	/	17.716	*	365 / 4
=	35.6975					/	17.716	*	365 / 4
=	183.87

AAC Clyde Space AB Days Payable Related Terms

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AAC Clyde Space AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AAC Clyde Space AB (OSTO:AAC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ACCMF:USA 0GFN:UK MKC0:Germany

Address

Dag Hammarskjolds vag 48, Uppsala Science Park, Uppsala, SWE, SE-751 83

Website

https://www.aac-clyde.space

AAC Clyde Space AB is engaged in the design and manufacture of standardized, satellite platforms as well as subsystems and sensors. The group has six reportable segments: AAC Clyde Space (Swedish operation); Clyde Space (Scottish operation); Hyperion Technologies (Netherland operation); SpaceQuest (United States operations); Omnisys Instruments (operations in Gothenburg, Sweden); and AAC Space Africa (operations in South Africa). Its geographical segments are Sweden, the United Kingdom, the Rest of Europe, the United States, Asia, and the Rest of the world.