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JetBlue Airways Corp (NAS:JBLU)
Days Payable
51.24 (As of Mar. 2016)

JetBlue Airways Corp's payable for the three months ended in Mar. 2016 was $260 Mil. JetBlue Airways Corp's cost of goods sold for the three months ended in Mar. 2016 was $463 Mil. Hence, JetBlue Airways Corp's days payable for the three months ended in Mar. 2016 was 51.24.

JBLU' s Days Payable Range Over the Past 10 Years
Min: 23.77   Max: 45.66
Current: 44.79

23.77
45.66

During the past 13 years, JetBlue Airways Corp's highest Days Payable was 45.66. The lowest was 23.77. And the median was 28.38.

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

( Industry Median: 56.90 vs. JBLU: 44.79 )

JetBlue Airways Corp's days payable increased from Mar. 2015 (40.27) to Mar. 2016 (51.24). It may suggest that JetBlue Airways Corp 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.

JetBlue Airways Corp'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
=205/2302*365
=32.50

JetBlue Airways Corp's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=260/463*365 / 4
=51.24

* 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.

JetBlue Airways Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 29.3925.1545.6644.9640.6923.7925.2323.7727.3632.50

JetBlue Airways Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 25.7626.8824.0729.0740.2739.2840.4935.5051.240.00
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