Aerkomm (Aerkomm) Days Payable : 4,560.10 (As of Mar. 2024)

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What is Aerkomm Days Payable?

Aerkomm's average Accounts Payable for the three months ended in Mar. 2024 was $1.90 Mil. Aerkomm's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.04 Mil. Hence, Aerkomm's Days Payable for the three months ended in Mar. 2024 was 4,560.10.

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

AKOM' s Days Payable Range Over the Past 10 Years
Min: 205.71 Med: 363.43 Max: 450.63
Current: 450.63

During the past 11 years, Aerkomm's highest Days Payable was 450.63. The lowest was 205.71. And the median was 363.43.

AKOM's Days Payable is ranked better than
97.81% of 2424 companies
in the Hardware industry
Industry Median: 68.11 vs AKOM: 450.63

Aerkomm's Days Payable increased from Mar. 2023 (362.14) to Mar. 2024 (4,560.10). It may suggest that Aerkomm delayed paying its suppliers.

Aerkomm Days Payable Historical Data

The historical data trend for Aerkomm'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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Aerkomm Days Payable Chart

Aerkomm Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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338.78

205.71

388.08

Aerkomm 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															362.14	-	5,529.07	118.07	4,560.10

Competitive Comparison of Aerkomm's Days Payable

For the Communication Equipment subindustry, Aerkomm'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.

Aerkomm's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Aerkomm's Days Payable distribution charts can be found below:

* The bar in red indicates where Aerkomm's Days Payable falls into.

Aerkomm 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.

Aerkomm'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
=	( (1.951	+	1.9)	/	2 )	/	1.811	*	365
=	1.9255					/	1.811	*	365
=	388.08

Aerkomm'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
=	( (1.9	+	1.898)	/	2 )	/	0.038	*	365 / 4
=	1.899					/	0.038	*	365 / 4
=	4,560.10

Aerkomm Days Payable Related Terms

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Aerkomm (Aerkomm) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aerkomm Inc (OTCPK:AKOM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AKOM:France

Address

44043 Fremont Boulevard, Fremont, CA, USA, 94538

Website

https://www.aerkomm.com

Aerkomm Inc is an us-based service provider of in-flight connectivity and entertainment (IFEC) solutions intended to provide airline passengers with a broadband in-flight experience that encompasses a wide range of service options. Its services include Wi-Fi, cellular, movies, gaming, live TV, and music. The company also focuses on providing related content management services and onboard e-commerce solutions such as Connectivity Solutions, Content Solutions, Black Box Live, AirCinema, and others.

Executives

Leroy Yau	10 percent owner	UNIT 1601, BLOCK A, VILLA ROCHA, HAPPY VALLEY K3 00000
World Praise Ltd	10 percent owner	C/O VISTRA CORPORATION SERVICES CENTER, GROUND FLOOR NFP BUILDING, BEACH ROAD, APIA Y0 00000
Richmond Akumiah	director	4 TUNISON LANE, BRIDGEWATER NJ 08807
Yuyun Tristan Kuo	officer: Chief Financial Officer	85 SOUTH BRAGG STREET, SUITE 600, ALEXANDRIA VA 22312
Well Thrive Ltd	10 percent owner	NO. 79, HENG YANG ROAD, TAIPEI F5 100
Sheng-chun Chang	10 percent owner	NO. 79, HENG YANG ROAD, TAIPEI F5 100
Jeffrey Wun	director, 10 percent owner, officer: CEO, President and Chairman	C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Chih-ming Hsu	director	C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
James J. Busuttil	director	C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Lim Colin	director	C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Raymond Choy	director	C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Jan-yuan Lin	director	C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Dmedia Llc	10 percent owner	C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Dmedia Holding Lp	10 percent owner	C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451