AeroVironment Inc (AVAV)
Number of days of payables
| Apr 30, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 30, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | Apr 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | Apr 30, 2020 | Jul 27, 2019 | Apr 30, 2019 | Oct 27, 2018 | Jul 28, 2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 11.74 | 28.90 | 25.89 | 25.12 | 22.74 | 17.02 | 16.26 | 19.32 | 22.23 | 27.87 | 17.49 | 17.50 | 12.42 | 17.48 | 23.23 | 13.36 | 18.48 | 13.14 | 12.53 | 13.56 | |
| Number of days of payables | days | 31.09 | 12.63 | 14.10 | 14.53 | 16.05 | 21.45 | 22.44 | 18.89 | 16.42 | 13.10 | 20.87 | 20.86 | 29.39 | 20.88 | 15.71 | 27.32 | 19.75 | 27.78 | 29.14 | 26.91 |
April 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.74
= 31.09
The number of days of payables for AeroVironment Inc has shown some fluctuations over the past few quarters. The company's days of payables ranged from a low of 12.63 days to a high of 31.09 days. A lower number of days of payables indicates that the company is taking longer to pay its suppliers, which could potentially strain supplier relationships. On the other hand, a higher number of days of payables may suggest that the company is taking longer to settle its payables, which could help improve its cash flow.
Overall, the trend in AeroVironment Inc's number of days of payables appears to be somewhat inconsistent, with fluctuations observed from quarter to quarter. It would be important for analysts and investors to closely monitor this ratio in order to assess the company's efficiency in managing its payables and its overall liquidity position.
Peer comparison
Apr 30, 2024