AeroVironment Inc (AVAV)
Number of days of payables
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 6.93 | 8.96 | 11.71 | 15.82 | 9.27 | |
| Number of days of payables | days | 52.69 | 40.73 | 31.18 | 23.07 | 39.36 |
April 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.93
= 52.69
The data indicates variability in the number of days of payables for AeroVironment Inc over the specified periods. As of April 30, 2021, the company’s days of payables stood at 39.36 days. This metric decreased to 23.07 days by April 30, 2022, suggesting that the company was taking less time to settle its payables during this period. However, the number of days then increased to 31.18 days as of April 30, 2023, indicating a slight lengthening in the payable cycle. The trend continued with a more significant rise to 40.73 days by April 30, 2024, approaching the earlier levels observed in 2021. The most recent data point shows a substantial increase to 52.69 days as of April 30, 2025, which represents the longest payable period within the observed timeframe. Overall, the progression suggests a trend toward lengthening the period taken to settle accounts payable, with the most recent figures indicating a notably extended payable cycle compared to earlier years.
Peer comparison
Apr 30, 2025