Armor Designs (LSE:ADIS) Days Payable : 440.45 (As of Dec. 2013)

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What is Armor Designs Days Payable?

Armor Designs's average Accounts Payable for the six months ended in Dec. 2013 was £1.24 Mil. Armor Designs's Cost of Goods Sold for the six months ended in Dec. 2013 was £1.03 Mil. Hence, Armor Designs's Days Payable for the six months ended in Dec. 2013 was 220.22.

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

LSE:ADIS' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 451.54
Current: 451.54

During the past 9 years, Armor Designs's highest Days Payable was 451.54. The lowest was 0.00. And the median was 0.00.

LSE:ADIS's Days Payable is not ranked
in the Aerospace & Defense industry.
Industry Median: 78.04 vs LSE:ADIS: 451.54

Armor Designs's Days Payable increased from Dec. 2011 (230.64) to Dec. 2013 (440.45). It may suggest that Armor Designs delayed paying its suppliers.

Armor Designs Days Payable Historical Data

The historical data trend for Armor Designs'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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Armor Designs Days Payable Chart

Armor Designs Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Payable

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230.64

195.26

440.45

Armor Designs Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Days Payable	Get a 7-Day Free Trial				-	-	230.64	195.26	440.45

Competitive Comparison of Armor Designs's Days Payable

For the Aerospace & Defense subindustry, Armor Designs'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.

Armor Designs's Days Payable Distribution in the Aerospace & Defense Industry

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

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

Armor Designs 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.

Armor Designs's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

	Days Payable (A: Dec. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2012 )	+	Accounts Payable (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (1.208	+	1.273)	/	2 )	/	1.028	*	365
=	1.2405					/	1.028	*	365
=	440.45

Armor Designs's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

	Days Payable (Q: Dec. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2012 )	+	Accounts Payable (Q: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2013 )	*	Days in Period
=	( (1.208	+	1.273)	/	2 )	/	1.028	*	365 / 2
=	1.2405					/	1.028	*	365 / 2
=	220.22

Armor Designs Days Payable Related Terms

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Armor Designs (LSE:ADIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Armor Designs Inc (LSE:ADIS) » Definitions » Days Payable

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Address

Website

Armor Designs Inc was incorporated in Delaware on March 30, 2006. The Company is a designer, integrator and manufacturer of body and vehicular armor solutions for military, government and commercial sectors on a global basis. Its focus is primarily on introducing next generation armor based on patented Volumetrically Controlled Manufacturing (VCM) technology.

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