PSSR (PASSUR Aerospace) Days Payable: 53.14 (As of Jul. 2022)

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PSSR PASSUR Aerospace Inc PSSR
12 GF Score
Price $0.35
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What is PASSUR Aerospace Days Payable?

PASSUR Aerospace PSSR 12 Days Payable is 53.14 as of Jul. 2022. GuruFocus rates PSSR with a GF Score™ of 12/100.

PASSUR Aerospace's average Accounts Payable for the three months ended in Jul. 2022 was $0.71 Mil. PASSUR Aerospace's Cost of Goods Sold for the three months ended in Jul. 2022 was $1.23 Mil. Hence, PASSUR Aerospace's Days Payable for the three months ended in Jul. 2022 was 53.14.

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

PSSR's Days Payable is not ranked *
in the Aerospace & Defense industry.
Industry Median: 64.565
* Ranked among companies with meaningful Days Payable only.

PASSUR Aerospace's Days Payable declined from Jul. 2021 (155.75) to Jul. 2022 (53.14). It may suggest that PASSUR Aerospace accelerated paying its suppliers.


PASSUR Aerospace Days Payable Historical Data

* Premium members only.

The historical data trend for PASSUR Aerospace'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.

PASSUR Aerospace Days Payable Chart

PASSUR Aerospace Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.92 34.37 54.98 89.01 177.85

PASSUR Aerospace Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 155.75 122.04 99.86 70.83 53.14

PSSR vs BANT, HWKE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, PASSUR Aerospace'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.


PASSUR Aerospace Days Payable vs Aerospace & Defense Industry

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

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


PSSR
12GF Score
PASSUR Aerospace Inc PSSR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PASSUR Aerospace 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.

PASSUR Aerospace's Days Payable for the fiscal year that ended in Oct. 2021 is calculated as

Days Payable (A: Oct. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2020 ) + Accounts Payable (A: Oct. 2021 )) / count ) / Cost of Goods Sold (A: Oct. 2021 )*Days in Period
=( (1.487 + 0.732) / 2 ) / 2.277*365
=1.1095 / 2.277*365
=177.85

PASSUR Aerospace's Days Payable for the quarter that ended in Jul. 2022 is calculated as:

Days Payable (Q: Jul. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2022 ) + Accounts Payable (Q: Jul. 2022 )) / count ) / Cost of Goods Sold (Q: Jul. 2022 )*Days in Period
=( (0.703 + 0.726) / 2 ) / 1.227*365 / 4
=0.7145 / 1.227*365 / 4
=53.14

* 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 53.14 mean?
PASSUR Aerospace (PSSR) has a Days Payable of 53.14 as of Jul. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PASSUR Aerospace and its competitors.
Is PASSUR Aerospace's Days Payable too high?
PASSUR Aerospace's current Days Payable is 53.14. The Aerospace & Defense industry median Days Payable is 64.57. PASSUR Aerospace's value of 53.14 is 17.7% below this industry median. Overall, PASSUR Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PASSUR Aerospace's Days Payable compare to BANT and HWKE?
PASSUR Aerospace's Days Payable of 53.14 can be compared against companies in the Aerospace & Defense industry. The industry median Days Payable is 64.57. PASSUR Aerospace's value of 53.14 is 17.7% 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 64.57, based on 340 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. PASSUR Aerospace's current Days Payable of 53.14 is 17.7% 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 PASSUR Aerospace and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PASSUR Aerospace's current Days Payable is 53.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PASSUR Aerospace stock overvalued right now?
PASSUR Aerospace (PSSR) has a current Days Payable of 53.14. The current Days Payable is 53.14 and 17.7% below the Aerospace & Defense industry median of 64.57. PASSUR Aerospace's overall GF Score™ is 12/100. 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 PASSUR Aerospace (PSSR), the current Days Payable is 53.14 as of Jul. 2022. 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.

PASSUR Aerospace Business Description

Address 3452 Lake Lynda Drive, Suite 190, Orlando, FL, USA, 06901
PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.
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