A-Sonic Aerospace (SGX:BTJ) Days Payable : 60.37 (As of Dec. 2023)

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What is A-Sonic Aerospace Days Payable?

A-Sonic Aerospace's average Accounts Payable for the six months ended in Dec. 2023 was S$45.1 Mil. A-Sonic Aerospace's Cost of Goods Sold for the six months ended in Dec. 2023 was S$136.3 Mil. Hence, A-Sonic Aerospace's Days Payable for the six months ended in Dec. 2023 was 60.37.

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

SGX:BTJ' s Days Payable Range Over the Past 10 Years
Min: 26.97 Med: 45.15 Max: 69.35
Current: 55.71

During the past 13 years, A-Sonic Aerospace's highest Days Payable was 69.35. The lowest was 26.97. And the median was 45.15.

SGX:BTJ's Days Payable is ranked better than
66.1% of 935 companies
in the Transportation industry
Industry Median: 38.5 vs SGX:BTJ: 55.71

A-Sonic Aerospace's Days Payable increased from Dec. 2022 (59.97) to Dec. 2023 (60.37). It may suggest that A-Sonic Aerospace delayed paying its suppliers.

A-Sonic Aerospace Days Payable Historical Data

The historical data trend for A-Sonic 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.

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A-Sonic Aerospace Days Payable Chart

A-Sonic Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.42

32.83

26.97

34.42

48.85

A-Sonic Aerospace Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															29.97	46.86	59.97	58.25	60.37

Competitive Comparison of A-Sonic Aerospace's Days Payable

For the Integrated Freight & Logistics subindustry, A-Sonic 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.

A-Sonic Aerospace's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A-Sonic Aerospace's Days Payable distribution charts can be found below:

* The bar in red indicates where A-Sonic Aerospace's Days Payable falls into.

A-Sonic 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.

A-Sonic Aerospace'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
=	( (39.42	+	35.925)	/	2 )	/	281.457	*	365
=	37.6725					/	281.457	*	365
=	48.85

A-Sonic Aerospace's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (54.238	+	35.925)	/	2 )	/	136.278	*	365 / 2
=	45.0815					/	136.278	*	365 / 2
=	60.37

A-Sonic Aerospace Days Payable Related Terms

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A-Sonic Aerospace (SGX:BTJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » A-Sonic Aerospace Ltd (SGX:BTJ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ASNCF:USA

Address

10 Anson Road, No. 24-07, International Plaza, Singapore, SGP, 079903

Website

https://www.asonic-aerospace.com

A-Sonic Aerospace Ltd is engaged in providing supply chain management services. The company provides domestic multi-modal transportation, warehousing, distribution, customs clearance, and airport ground services. Its business is divided into two segments namely Aviation which includes aircraft systems and components to airlines and aviation maintenance repair organizations, and Logistics that includes services like Airside Logistics and Transportation, Air Cargo Management and Logistics and Supply Chain Management Services. It generates a majority of its revenue from the Logistics Segment. Geographically, the company gets a majority of its share of the revenue from The People's Republic of China.

A-Sonic Aerospace (SGX:BTJ) Headlines

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