Switch to:
Allegiant Travel Co (NAS:ALGT)
Days Payable
9.09 (As of Mar. 2016)

Allegiant Travel Co's payable for the three months ended in Mar. 2016 was $11 Mil. Allegiant Travel Co's cost of goods sold for the three months ended in Mar. 2016 was $111 Mil. Hence, Allegiant Travel Co's days payable for the three months ended in Mar. 2016 was 9.09.

ALGT' s Days Payable Range Over the Past 10 Years
Min: 8.39   Max: 53.52
Current: 8.61

8.39
53.52

During the past 14 years, Allegiant Travel Co's highest Days Payable was 53.52. The lowest was 8.39. And the median was 22.60.

ALGT's Days Payable is ranked lower than
97% of the 63 Companies
in the Global Airlines industry.

( Industry Median: 51.84 vs. ALGT: 8.61 )

Allegiant Travel Co's days payable declined from Mar. 2015 (12.72) to Mar. 2016 (9.09). It may suggest that Allegiant Travel Co accelerated 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. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.232/575.609*365
=8.39

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=11.07/111.118*365 / 4
=9.09

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Allegiant Travel Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 37.1432.4020.4428.3724.7512.7510.0010.768.395.25

Allegiant Travel Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 11.4213.1811.5212.318.6712.728.695.595.599.09
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK