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Montana Aerospace AG (XSWX:AERO) Days Payable : 77.69 (As of Dec. 2023)


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What is Montana Aerospace AG Days Payable?

Montana Aerospace AG's average Accounts Payable for the three months ended in Dec. 2023 was CHF197 Mil. Montana Aerospace AG's Cost of Goods Sold for the three months ended in Dec. 2023 was CHF231 Mil. Hence, Montana Aerospace AG's Days Payable for the three months ended in Dec. 2023 was 77.69.

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

XSWX:AERO' s Days Payable Range Over the Past 10 Years
Min: 69.63   Med: 89.36   Max: 126.05
Current: 82.58

During the past 6 years, Montana Aerospace AG's highest Days Payable was 126.05. The lowest was 69.63. And the median was 89.36.

XSWX:AERO's Days Payable is ranked better than
53.54% of 297 companies
in the Aerospace & Defense industry
Industry Median: 75.31 vs XSWX:AERO: 82.58

Montana Aerospace AG's Days Payable increased from Dec. 2022 (74.13) to Dec. 2023 (77.69). It may suggest that Montana Aerospace AG delayed paying its suppliers.


Montana Aerospace AG Days Payable Historical Data

The historical data trend for Montana Aerospace AG'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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Montana Aerospace AG Days Payable Chart

Montana Aerospace AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 99.08 126.05 82.90 76.35 95.81

Montana Aerospace AG Quarterly Data
Dec18 Dec19 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 74.13 82.03 78.82 81.06 77.69

Competitive Comparison of Montana Aerospace AG's Days Payable

For the Aerospace & Defense subindustry, Montana Aerospace AG'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.


Montana Aerospace AG's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Montana Aerospace AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Montana Aerospace AG's Days Payable falls into.



Montana Aerospace AG 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.

Montana Aerospace AG'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
=( (221.197 + 217.248) / 2 ) / 835.125*365
=219.2225 / 835.125*365
=95.81

Montana Aerospace AG'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
=( (176.061 + 217.248) / 2 ) / 230.986*365 / 4
=196.6545 / 230.986*365 / 4
=77.69

* 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.


Montana Aerospace AG Days Payable Related Terms

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Montana Aerospace AG (XSWX:AERO) Business Description

Traded in Other Exchanges
Address
Alte Aarauerstrasse 11, Reinach, CHE, 5734
Montana Aerospace AG is a vertically integrated manufacturer and supplier of complex components, structures and customized assemblies as well as semi-finished products for specialized applications in a wide array of end-markets. The company has three business segments namely aerostructures, e-mobility and energy. It has its geographic presence in Germany, USA, UK, Poland, Russia and Others.

Montana Aerospace AG (XSWX:AERO) Headlines

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