Allegiant Travel Co (Allegiant Travel Co) Days Payable

: 9.64 (As of Dec. 2023)

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Allegiant Travel Co's average Accounts Payable for the three months ended in Dec. 2023 was $55 Mil. Allegiant Travel Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $520 Mil. Hence, Allegiant Travel Co's Days Payable for the three months ended in Dec. 2023 was 9.64.

The historical rank and industry rank for Allegiant Travel Co's Days Payable or its related term are showing as below:

ALGT' s Days Payable Range Over the Past 10 Years
Min: 4.55 Med: 7.35 Max: 11.35
Current: 10.82

During the past 13 years, Allegiant Travel Co's highest Days Payable was 11.35. The lowest was 4.55. And the median was 7.35.

ALGT's Days Payable is ranked worse than
92.18% of 934 companies
in the Transportation industry
Industry Median: 39.6 vs ALGT: 10.82

Allegiant Travel Co's Days Payable declined from Dec. 2022 (10.71) to Dec. 2023 (9.64). It may suggest that Allegiant Travel Co accelerated paying its suppliers.

Allegiant Travel Co Days Payable Historical Data

The historical data trend for Allegiant Travel Co'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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Allegiant Travel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

7.75

11.35

9.61

9.48

10.23

Allegiant Travel Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																10.71	11.36	11.86	11.06	9.64

Competitive Comparison

For the Airlines subindustry, Allegiant Travel Co'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.

Allegiant Travel Co Days Payable Distribution

For the Transportation industry and Industrials sector, Allegiant Travel Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Allegiant Travel Co's Days Payable falls into.

Allegiant Travel Co 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.

Allegiant Travel Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (58.335	+	54.484)	/	2 )	/	2012.114	*	365
=	56.4095					/	2012.114	*	365
=	10.23

Allegiant Travel Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (55.476	+	54.484)	/	2 )	/	520.478	*	365 / 4
=	54.98					/	520.478	*	365 / 4
=	9.64

Allegiant Travel Co Days Payable Related Terms

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Allegiant Travel Co (Allegiant Travel Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Allegiant Travel Co (NAS:ALGT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1201 North Town Center Drive, Las Vegas, NV, USA, 89144

Website

https://www.allegiant.com

Allegiant Travel Co provides travel services in the United States. It sells air transportation on a stand-alone basis or bundled with air-related and third-party services and products. Customers may also purchase fixed-fee flying arrangements to receive charter service on a year-round and ad hoc basis. Additionally, customers may purchase hotel rooms, ground transportation, and other attractions (for example, entertainment show tickets) to accommodate a trip. The company's operating segment includes Airline, Sunseeker Resort, and other non-airline. Customers purchase travel tickets at airport ticket counters, online, or through its telephone reservation center.

Executives

Scott Wayne Deangelo	officer: EVP, Marketing	1201 N TOWN CENTER DRIVE, LAS VEGAS NV 89144
Keny Frank Wilper	officer: Interim COO	1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Gary Ellmer	director	448 LANG ROAD, PORTSMOUTH NH 03801
Gregory Clark Anderson	officer: Chief Accounting Officer	1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Wilson Robert Paul Iii	officer: EVP and CIO	1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Drew Allen Wells	officer: SVP, Chief Revenue Officer	1201 N. TOWN CENTER DRIVE, LAS VEGAS NV 89144
Scott Sheldon	officer: Principal Accounting Officer	1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Robert James Neal	officer: CFO	1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Gallagher Maurice J Jr	director, 10 percent owner, officer: CEO and President	1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Rebecca Aretos	officer: Principal Accounting Officer	1201 N. TOWN CENTER DRIVE., LAS VEGAS NV 89144
Sandra Douglass Morgan	director	601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
John Redmond	director	1201 N. TOWN CENTER DRIVE, LAS VEGAS NV 89144
Linda A Marvin	officer: CFO and Managing Director	9057 WATERFIELD COURT, LAS VEGAS NV 89134
Charles W. Pollard	director	50 CRESCENT AVENUE, SECOND CLIFF, SCITUATE MA 02066
Jude Bricker	officer: SVP - Planning	1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144