GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AerSale Corp (NAS:ASLE) » Definitions » Days Payable

AerSale (AerSale) Days Payable : 44.87 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is AerSale Days Payable?

AerSale's average Accounts Payable for the three months ended in Dec. 2023 was $34.4 Mil. AerSale's Cost of Goods Sold for the three months ended in Dec. 2023 was $70.0 Mil. Hence, AerSale's Days Payable for the three months ended in Dec. 2023 was 44.87.

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

ASLE' s Days Payable Range Over the Past 10 Years
Min: 28.36   Med: 30   Max: 45.6
Current: 45.6

During the past 6 years, AerSale's highest Days Payable was 45.60. The lowest was 28.36. And the median was 30.00.

ASLE's Days Payable is ranked better than
57.25% of 931 companies
in the Transportation industry
Industry Median: 39.3 vs ASLE: 45.60

AerSale's Days Payable increased from Dec. 2022 (32.35) to Dec. 2023 (44.87). It may suggest that AerSale delayed paying its suppliers.


AerSale Days Payable Historical Data

The historical data trend for AerSale'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.

* Premium members only.

AerSale Days Payable Chart

AerSale Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 28.36 39.03 30.00 29.17 38.47

AerSale Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.35 47.66 56.80 43.00 44.87

Competitive Comparison of AerSale's Days Payable

For the Airports & Air Services subindustry, AerSale'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.


AerSale's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AerSale's Days Payable distribution charts can be found below:

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



AerSale 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.

AerSale'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
=( (21.131 + 29.899) / 2 ) / 242.082*365
=25.515 / 242.082*365
=38.47

AerSale's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (38.954 + 29.899) / 2 ) / 70.006*365 / 4
=34.4265 / 70.006*365 / 4
=44.87

* 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.


AerSale Days Payable Related Terms

Thank you for viewing the detailed overview of AerSale's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


AerSale (AerSale) Business Description

Traded in Other Exchanges
N/A
Address
255 Alhambra Circle, Suite 435, Coral Gables, FL, USA, 33134
AerSale Corp is an integrated, diversified global leader in aviation aftermarket products and services. It specializes in the sale, lease, and exchange of used aircraft, engines, and components, in addition to providing a broad range of maintenance, repair, and overhaul, and engineering services for commercial aircraft and components. The company operating segment includes Asset Management Solutions and TechOps. It generates maximum revenue from the Asset Management Solutions segment.
Executives
Michael Kirton director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors Cf, L.p. director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Frederick Craig Wright officer: See Remarks C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Benjamin Thomas Tschirhart officer: See Remarks 255 ALHAMBRA CIRCLE, SUITE 435, CORAL GABLES FL 33134
Nicholas Finazzo director, officer: See Remarks C/O AERSALE CORPORATION, 255 ALHAMBRA CIRCLE, SUITE 435, CORAL GABLES FL 33134
James Fry officer: See Remarks YRC WORLDWIDE, INC., 10990 ROE AVENUE, OVERLAND PARK KS 66211
Basil Barimo officer: See Remarks C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Martin Garmendia officer: See Remarks C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Andrew C Levy director 8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Judith Ann Fedder director 1843 CHEROKEE ROSE CIRCLE, MT PLEASANT SC 29466
Charles P Mcdonald officer: See Remarks HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Gei Capital Cf, Llc director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Lgp Associates Cf, Llc director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors Side Cf, L.p. director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Claude Robert Kehler director C/O MONOCLE ACQUISITION CORPORATION, 750 LEXINGTON AVENUE, SUITE 1501, NEW YORK NY 10022