AeroVironment Inc

NASDAQ AVAV

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AeroVironment Inc Accounts Receivable Turnover Ratio for the year ending April 30, 2023: 2.80

AeroVironment Inc Accounts Receivable Turnover Ratio is 2.80 for the year ending April 30, 2023, a 3.40% change year over year. The accounts receivable turnover ratio measures the efficiency of a company in collecting payments from its customers. It is calculated by dividing the company's revenue by its accounts receivable. This ratio provides insight into how quickly a company collects outstanding funds owed to it. A higher turnover ratio implies that the company efficiently converts credit sales into cash, while a lower ratio may indicate delays in collecting payments or potential issues with credit management.

AeroVironment Inc Accounts Receivable Turnover Ratio for the year ending April 30, 2022 was 2.70, a -8.04% change year over year.
AeroVironment Inc Accounts Receivable Turnover Ratio for the year ending April 30, 2021 was 2.94, a 19.70% change year over year.
AeroVironment Inc Accounts Receivable Turnover Ratio for the year ending April 30, 2020 was 2.46, a -33.61% change year over year.
AeroVironment Inc Accounts Receivable Turnover Ratio for the year ending April 30, 2019 was 3.70, a -4.58% change year over year.

NASDAQ: AVAV

AeroVironment Inc

CEO	Mr. Wahid Nawabi
IPO Date	Jan. 23, 2007
Location	United States
Headquarters	241 18th Street South, Arlington, VA, United States, 22202
Employees	1,259
Sector	Industrials
Industry	Aerospace & defense

Description

AeroVironment, Inc. designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments. The company supplies UAS, TMS, unmanned ground vehicle, and related services primarily to organizations within the U.S. Department of Defense, other federal agencies, and to international allied governments. It also designs, engineers, tools, and manufactures unmanned aerial and aircraft systems, including airborne platforms, payloads and payload integration, ground control systems, and ground support equipment and other items and services related to unmanned aircraft systems. In addition, the company offers small UAS products, including training, spare parts, product repair, product replacement, and the customer contracted operation. Further, it develops high-altitude pseudo-satellite UAS systems. AeroVironment, Inc. was incorporated in 1971 and is headquartered in Arlington, Virginia.

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