Aerospace Industrial Development (TPE:2634) Days Payable : 28.29 (As of Mar. 2024)

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What is Aerospace Industrial Development Days Payable?

Aerospace Industrial Development's average Accounts Payable for the three months ended in Mar. 2024 was NT$2,941 Mil. Aerospace Industrial Development's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$9,488 Mil. Hence, Aerospace Industrial Development's Days Payable for the three months ended in Mar. 2024 was 28.29.

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

TPE:2634' s Days Payable Range Over the Past 10 Years
Min: 22.17 Med: 25.72 Max: 31.04
Current: 31.04

During the past 13 years, Aerospace Industrial Development's highest Days Payable was 31.04. The lowest was 22.17. And the median was 25.72.

TPE:2634's Days Payable is ranked worse than
88.93% of 298 companies
in the Aerospace & Defense industry
Industry Median: 78.04 vs TPE:2634: 31.04

Aerospace Industrial Development's Days Payable increased from Mar. 2023 (22.06) to Mar. 2024 (28.29). It may suggest that Aerospace Industrial Development delayed paying its suppliers.

Aerospace Industrial Development Days Payable Historical Data

The historical data trend for Aerospace Industrial Development'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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Aerospace Industrial Development Days Payable Chart

Aerospace Industrial Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.77

26.11

28.53

25.33

23.49

Aerospace Industrial Development Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															22.06	31.23	32.61	33.49	28.29

Competitive Comparison of Aerospace Industrial Development's Days Payable

For the Aerospace & Defense subindustry, Aerospace Industrial Development'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.

Aerospace Industrial Development's Days Payable Distribution in the Aerospace & Defense Industry

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

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

Aerospace Industrial Development 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.

Aerospace Industrial Development'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
=	( (1694.76	+	2776.023)	/	2 )	/	34742.053	*	365
=	2235.3915					/	34742.053	*	365
=	23.49

Aerospace Industrial Development's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (2776.023	+	3106.846)	/	2 )	/	9488.044	*	365 / 4
=	2941.4345					/	9488.044	*	365 / 4
=	28.29

Aerospace Industrial Development Days Payable Related Terms

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Aerospace Industrial Development (TPE:2634) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Aerospace Industrial Development Corp (TPE:2634) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, Hanxiang Road, Xitun District, Taichung, TWN, 407803

Website

http://www.aidc.com.tw

Aerospace Industrial Development Corp is involved in the manufacturing and development of aerospace and defense products. The company's products and services include Commercial Aircraft, Military Aircraft, Engines, Aircraft Maintenance & Avionics, and Flight & Technology Services. Its geographical segments are Asia, America, and Europe.

Aerospace Industrial Development (TPE:2634) Headlines

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