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GuruFocus has detected 4 Warning Signs with Allegiant Travel Co $ALGT.
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Allegiant Travel Co (NAS:ALGT)
Days Payable
11.14 (As of Dec. 2016)

Allegiant Travel Co's payable for the three months ended in Dec. 2016 was $16 Mil. Allegiant Travel Co's cost of goods sold for the three months ended in Dec. 2016 was $131 Mil. Hence, Allegiant Travel Co's days payable for the three months ended in Dec. 2016 was 11.14.

ALGT' s Days Payable Range Over the Past 10 Years
Min: 5.25   Max: 37.27
Current: 11.86

5.25
37.27

During the past 13 years, Allegiant Travel Co's highest Days Payable was 37.27. The lowest was 5.25. And the median was 12.33.

ALGT's Days Payable is ranked lower than
85% of the 59 Companies
in the Global Airlines industry.

( Industry Median: 49.88 vs. ALGT: 11.86 )

Allegiant Travel Co's days payable increased from Dec. 2015 (5.59) to Dec. 2016 (11.14). It may suggest that Allegiant Travel Co delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Allegiant Travel Co's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=16.01/492.454*365
=11.87

Allegiant Travel Co's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=16.01/131.156*365 / 4
=11.14

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Allegiant Travel Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 37.2720.4428.3724.6312.7810.0010.768.635.2511.87

Allegiant Travel Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 12.319.7912.728.695.595.599.097.677.8711.14
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