Delta Air Lines (Delta Air Lines) Days Payable

: 34.39 (As of Mar. 2024)

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Delta Air Lines's average Accounts Payable for the three months ended in Mar. 2024 was $4,494 Mil. Delta Air Lines's Cost of Goods Sold for the three months ended in Mar. 2024 was $11,924 Mil. Hence, Delta Air Lines's Days Payable for the three months ended in Mar. 2024 was 34.39.

The historical rank and industry rank for Delta Air Lines's Days Payable or its related term are showing as below:

DAL' s Days Payable Range Over the Past 10 Years
Min: 27.34 Med: 36.14 Max: 47.59
Current: 37.88

During the past 13 years, Delta Air Lines's highest Days Payable was 47.59. The lowest was 27.34. And the median was 36.14.

DAL's Days Payable is ranked worse than
51.93% of 934 companies
in the Transportation industry
Industry Median: 39.565 vs DAL: 37.88

Delta Air Lines's Days Payable declined from Mar. 2023 (37.80) to Mar. 2024 (34.39). It may suggest that Delta Air Lines accelerated paying its suppliers.

Delta Air Lines Days Payable Historical Data

The historical data trend for Delta Air Lines'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.

* Premium members only.

Delta Air Lines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

32.82

47.59

42.96

39.88

37.43

Delta Air Lines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable																37.80	39.80	40.04	38.85	34.39

Competitive Comparison

For the Airlines subindustry, Delta Air Lines'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.

Delta Air Lines Days Payable Distribution

For the Transportation industry and Industrials sector, Delta Air Lines's Days Payable distribution charts can be found below:

* The bar in red indicates where Delta Air Lines's Days Payable falls into.

Delta Air Lines 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.

Delta Air Lines'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
=	( (5106	+	4446)	/	2 )	/	46571	*	365
=	4776					/	46571	*	365
=	37.43

Delta Air Lines's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (4446	+	4541)	/	2 )	/	11924	*	365 / 4
=	4493.5					/	11924	*	365 / 4
=	34.39

Delta Air Lines Days Payable Related Terms

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Delta Air Lines (Delta Air Lines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Delta Air Lines Inc (NYSE:DAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DAL:Peru DAL:Mexico OYC:Germany OYC:Germany DEAI34:Brazil DAL:Austria

Address

Post Office Box 20706, Atlanta, GA, USA, 30320-6001

Website

https://www.delta.com

Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul.

Executives

David S Taylor	director	THE PROCTER & GAMBLE COMPANY, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Joanne D Smith	officer: EVP & Chief HR Officer	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Steven M Sear	officer: Pres. Int'l & EVP Global Sales	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Peter W Carter	officer: EVP and Chief Legal Officer	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Michael P Huerta	director	1800 M STREET NW SUITE 800, WASHINGTON DC 20036
Mike Spanos	officer: EVP & Chief Operating Officer	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Vasant M Prabhu	director	C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Glen W Hauenstein	officer: EVP-Network Plng & Rev Mgmt	1600 SMITH ST, HOUSTON TX 77002
William C Carroll	officer: SVP, Finance & Controller	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Francis S Blake	director	2455 PACES FERRY RD, ATLANTA GA 30339
Edward H Bastian	officer: President and CEO NWA	C/O DELTA AIR LINES, INC., DEPT. 981, P.O. BOX 20574, ATLANTA GA 30320
Greg Creed	director	1441 GARDINER LANE, LOUISVILLE KY 40213
Leslie D. Hale	director	3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
John E Laughter	officer: EVP - Chief of Operations	P.O. BOX 20574, C/O DELTA AIR LINES, INC. DEPT. 981, ATLANTA GA 30320
Daniel C. Janki	officer: EVP & Chief Financial Officer	5020 WESTON PARKWAY, SUITE 400, CARY NC 27513