easyJet (easyJet) Days Payable

: 50.33 (As of Sep. 2023)

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easyJet's average Accounts Payable for the six months ended in Sep. 2023 was $1,234 Mil. easyJet's Cost of Goods Sold for the six months ended in Sep. 2023 was $4,475 Mil. Hence, easyJet's Days Payable for the six months ended in Sep. 2023 was 50.33.

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

EJTTF' s Days Payable Range Over the Past 10 Years
Min: 11.03 Med: 21.71 Max: 48.14
Current: 48.14

During the past 13 years, easyJet's highest Days Payable was 48.14. The lowest was 11.03. And the median was 21.71.

EJTTF's Days Payable is ranked better than
59.53% of 934 companies
in the Transportation industry
Industry Median: 39.565 vs EJTTF: 48.14

easyJet's Days Payable declined from Sep. 2022 (61.39) to Sep. 2023 (50.33). It may suggest that easyJet accelerated paying its suppliers.

easyJet Days Payable Historical Data

The historical data trend for easyJet'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.

easyJet Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

23.48

36.04

44.88

26.98

23.40

easyJet Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable																68.67	85.30	61.39	71.28	50.33

Competitive Comparison

For the Airlines subindustry, easyJet'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.

easyJet Days Payable Distribution

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

* The bar in red indicates where easyJet's Days Payable falls into.

easyJet 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.

easyJet's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (488.109	+	497.525)	/	2 )	/	7685.644	*	365
=	492.817					/	7685.644	*	365
=	23.40

easyJet's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1970.874	+	497.525)	/	2 )	/	4475.247	*	365 / 2
=	1234.1995					/	4475.247	*	365 / 2
=	50.33

easyJet Days Payable Related Terms

Thank you for viewing the detailed overview of easyJet's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

easyJet (easyJet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » easyJet PLC (OTCPK:EJTTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ESYJY:USA EZJl:UK EZJ:UK EJT1:Germany

Address

Hangar 89, London Luton Airport, Luton, Bedfordshire, GBR, LU2 9PF

Website

https://www.easyjet.com

easyJet PLC is a European low-cost carrier with a focus on Western European markets. The company employs a low-cost no-frills model to offer low fares to customers on short-haul routes. Its operating segment includes Airline that operates easyJet's route network and Holidays that sells holiday packages. It generates maximum revenue from the Airline segment. Geographically, it derives a majority of its revenue from the United Kingdom.

easyJet (easyJet) Headlines

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