Star Navigation Systems Group (Star Navigation Systems Group) Days Payable : 73.17 (As of Dec. 2023)

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What is Star Navigation Systems Group Days Payable?

Star Navigation Systems Group's average Accounts Payable for the three months ended in Dec. 2023 was $0.09 Mil. Star Navigation Systems Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.11 Mil. Hence, Star Navigation Systems Group's Days Payable for the three months ended in Dec. 2023 was 73.17.

The historical rank and industry rank for Star Navigation Systems Group's Days Payable or its related term are showing as below:

SNAVF' s Days Payable Range Over the Past 10 Years
Min: 42.36 Med: 249.14 Max: 2275.36
Current: 45.7

During the past 13 years, Star Navigation Systems Group's highest Days Payable was 2275.36. The lowest was 42.36. And the median was 249.14.

SNAVF's Days Payable is ranked worse than
68.69% of 297 companies
in the Aerospace & Defense industry
Industry Median: 75.31 vs SNAVF: 45.70

Star Navigation Systems Group's Days Payable declined from Dec. 2022 (77.82) to Dec. 2023 (73.17). It may suggest that Star Navigation Systems Group accelerated paying its suppliers.

Star Navigation Systems Group Days Payable Historical Data

The historical data trend for Star Navigation Systems Group'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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Star Navigation Systems Group Days Payable Chart

Star Navigation Systems Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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113.98

246.70

94.09

42.84

50.07

Star Navigation Systems Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															77.82	103.24	32.84	31.82	73.17

Competitive Comparison of Star Navigation Systems Group's Days Payable

For the Aerospace & Defense subindustry, Star Navigation Systems Group'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.

Star Navigation Systems Group's Days Payable Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Star Navigation Systems Group's Days Payable falls into.

Star Navigation Systems Group 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.

Star Navigation Systems Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.244	+	0.133)	/	2 )	/	1.374	*	365
=	0.1885					/	1.374	*	365
=	50.07

Star Navigation Systems Group'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.056	+	0.114)	/	2 )	/	0.106	*	365 / 4
=	0.085					/	0.106	*	365 / 4
=	73.17

Star Navigation Systems Group Days Payable Related Terms

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Star Navigation Systems Group (Star Navigation Systems Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Star Navigation Systems Group Ltd (OTCPK:SNAVF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SNA:Canada

Address

11 Kenview Boulevard, Brampton, ON, CAN, L6T 5G5

Website

https://www.star-navigation.com

Star Navigation Systems Group Ltd is focused on providing Aerospace Solutions. It is centred on devoting all its activity to the development, marketing and promotion of an in-flight Safety Monitoring System (STAR-ISMS), whereby data from an aircraft can be transmitted to ground stations for the duration of a flight. The services provided by the company include consultation, monitoring, maintenance, training and customer service. The group operates and generates revenue in Canada.

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