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Allegiant Travel Co (NAS:ALGT)
Days Payable
7.67 (As of Jun. 2016)

Allegiant Travel Co's payable for the three months ended in Jun. 2016 was USD 10 Mil. Allegiant Travel Co's cost of goods sold for the three months ended in Jun. 2016 was USD 123 Mil. Hence, Allegiant Travel Co's days payable for the three months ended in Jun. 2016 was 7.67.

ALGT' s Days Payable Range Over the Past 10 Years
Min: 5.25   Max: 37.27
Current: 8.09

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 16.61.

ALGT's Days Payable is ranked lower than
93% of the 58 Companies
in the Global Airlines industry.

( Industry Median: 52.50 vs. ALGT: 8.09 )

Allegiant Travel Co's days payable declined from Jun. 2015 (8.69) to Jun. 2016 (7.67). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=6.801/473.263*365
=5.25

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=10.306/122.594*365 / 4
=7.67

* 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 37.1437.2720.4428.3724.6312.7810.0010.768.635.25

Allegiant Travel Co Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 12.4111.5212.319.7912.728.695.595.599.097.67
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