AAR Corp (AIR)
Number of days of payables
May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
---|---|---|---|---|---|---|
Payables turnover | 0.00 | 7.88 | 10.22 | 9.63 | 10.82 | |
Number of days of payables | days | — | 46.29 | 35.70 | 37.89 | 33.73 |
May 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.00
= —
The analysis of AAR Corp's number of days of payables over the specified period reveals notable fluctuations. As of May 31, 2021, the company maintained an average of approximately 33.73 days payable. This figure incrementally increased to about 37.89 days by May 31, 2022, indicating a moderate extension in the period before settling outstanding liabilities. By May 31, 2023, the payables duration slightly decreased to approximately 35.70 days, suggesting a brief shortening of trade payables. The most significant change occurred between May 31, 2023, and May 31, 2024, where the number of days of payables rose markedly to roughly 46.29 days, representing due dates being deferred by nearly a month compared to the previous year. For the latest period ending May 31, 2025, data were unavailable, precluding analysis of this most recent year's trend. Overall, the pattern indicates periods of both contraction and expansion in the company's payables management, with a noticeable increase in the average payables period in the most recent year for which data is available.
Peer comparison
May 31, 2025