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Aura Systems (Aura Systems) Days Payable : 2,358.21 (As of Nov. 2023)


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What is Aura Systems Days Payable?

Aura Systems's average Accounts Payable for the three months ended in Nov. 2023 was $2.56 Mil. Aura Systems's Cost of Goods Sold for the three months ended in Nov. 2023 was $0.10 Mil. Hence, Aura Systems's Days Payable for the three months ended in Nov. 2023 was 2,358.21.

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

AUSI' s Days Payable Range Over the Past 10 Years
Min: 658.53   Med: 5214.51   Max: 9830.52
Current: 4022.07

During the past 13 years, Aura Systems's highest Days Payable was 9830.52. The lowest was 658.53. And the median was 5214.51.

AUSI's Days Payable is ranked better than
99.66% of 2925 companies
in the Industrial Products industry
Industry Median: 76.55 vs AUSI: 4022.07

Aura Systems's Days Payable declined from Nov. 2022 (7,503.56) to Nov. 2023 (2,358.21). It may suggest that Aura Systems accelerated paying its suppliers.


Aura Systems Days Payable Historical Data

The historical data trend for Aura Systems'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.

Aura Systems Days Payable Chart

Aura Systems Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,602.19 5,333.74 9,830.52 5,095.28 8,085.99

Aura Systems Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 Premium Member Only Premium Member Only 7,503.56 6,398.56 15,448.63 3,069.99 2,358.21

Competitive Comparison of Aura Systems's Days Payable

For the Specialty Industrial Machinery subindustry, Aura Systems'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.


Aura Systems's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aura Systems's Days Payable distribution charts can be found below:

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



Aura Systems 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.

Aura Systems's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

Days Payable (A: Feb. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2022 ) + Accounts Payable (A: Feb. 2023 )) / count ) / Cost of Goods Sold (A: Feb. 2023 )*Days in Period
=( (1.582 + 2.317) / 2 ) / 0.088*365
=1.9495 / 0.088*365
=8,085.99

Aura Systems's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

Days Payable (Q: Nov. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2023 ) + Accounts Payable (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (2.621 + 2.496) / 2 ) / 0.099*365 / 4
=2.5585 / 0.099*365 / 4
=2,358.21

* 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.


Aura Systems Days Payable Related Terms

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Aura Systems (Aura Systems) Business Description

Traded in Other Exchanges
N/A
Address
20431 North Sea Circle, Lake Forest, CA, USA, 92630
Aura Systems Inc is engaged in the development, commercialization, and sales of products, systems, and components. It uses patented and proprietary electromagnetic technology. The company develops and sells AuraGen axial flux mobile induction power systems to the industrial, commercial, and defense mobile power generation markets. It has also developed High Force Electromagnetic Linear Actuators.
Executives
Warren Breslow 10 percent owner 721 N REXFORD DR, BEVERLY HILLS CA 90210
Cipora Lavut director, officer: President 12100 WILSHIRE BOULEVARD, LOS ANGELES CA 90025
Robert T Lempert director, officer: Secretary C/O AURA SYSTEMS, INC,, 10541 ASHDALE STREET, STANTON CA 90680
David Mann director, officer: Chief Financial Officer C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Zvi Kurtzman 10 percent owner C/O AURA SYSTEMS INC, 2335 ALASKA AVENUE, EL SEGUNDO CA 90245
Elimelech Lowy 10 percent owner 380 B BETH HALEVY RUE, BOISBRIAND A8 J7E 4H4
Ronald Buschur director 1801 E ST ANDREW PLACE, SAN ANA CA 92705
Siryong Yu director 10541 ASHDALE STREET, STANTON CA 90680
Timothy John O'toole officer: Interim CFO C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Jeffrey D. Cowan director C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
John M. Cochran director C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Michael Sawruk director C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Roland J. Bopp director 120 HANCOCK LANE, WESTAMPTON NJ 08060
Michael Paritee director C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Gary M. Wells director 8960 BAY COLONY DRIVE #404, NAPLES FL 34108

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