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
52.68% of 298 companies
in the Aerospace & Defense industry
Industry Median: 76.855 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

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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												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

Montana Aerospace AG Days Payable Related Terms

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Montana Aerospace AG (XSWX:AERO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Montana Aerospace AG (XSWX:AERO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AEROz:UK

Address

Alte Aarauerstrasse 11, Reinach, CHE, 5734

Website

https://www.montana-aerospace.com

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.