Regional Express Holdings (ASX:REX) Days Payable : 96.20 (As of Dec. 2023)

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What is Regional Express Holdings Days Payable?

Regional Express Holdings's average Accounts Payable for the six months ended in Dec. 2023 was A$81.6 Mil. Regional Express Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$154.9 Mil. Hence, Regional Express Holdings's Days Payable for the six months ended in Dec. 2023 was 96.20.

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

ASX:REX' s Days Payable Range Over the Past 10 Years
Min: 35.71 Med: 56.79 Max: 103.45
Current: 103.45

During the past 13 years, Regional Express Holdings's highest Days Payable was 103.45. The lowest was 35.71. And the median was 56.79.

ASX:REX's Days Payable is ranked better than
83.76% of 936 companies
in the Transportation industry
Industry Median: 38.785 vs ASX:REX: 103.45

Regional Express Holdings's Days Payable increased from Dec. 2022 (80.08) to Dec. 2023 (96.20). It may suggest that Regional Express Holdings delayed paying its suppliers.

Regional Express Holdings Days Payable Historical Data

The historical data trend for Regional Express Holdings'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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Regional Express Holdings Days Payable Chart

Regional Express Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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35.71

38.96

57.00

85.56

82.35

Regional Express Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															120.57	81.66	80.08	107.78	96.20

Competitive Comparison of Regional Express Holdings's Days Payable

For the Airlines subindustry, Regional Express Holdings'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.

Regional Express Holdings's Days Payable Distribution in the Transportation Industry

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

* The bar in red indicates where Regional Express Holdings's Days Payable falls into.

Regional Express Holdings 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.

Regional Express Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (52.704	+	75.176)	/	2 )	/	283.409	*	365
=	63.94					/	283.409	*	365
=	82.35

Regional Express Holdings'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (75.176	+	88.095)	/	2 )	/	154.863	*	365 / 2
=	81.6355					/	154.863	*	365 / 2
=	96.20

Regional Express Holdings Days Payable Related Terms

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Regional Express Holdings (ASX:REX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Regional Express Holdings Ltd (ASX:REX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

81-83 Baxter Road, Mascot, Sydney, NSW, AUS, 2020

Website

https://www.rex.com.au

Regional Express Holdings Ltd is an Australian-based airline company. The company is engaged in the provision of air services for the transportation of passengers and freight. Its operating segment includes Regular public transport, Charter and other, and Training. The company generates maximum revenue from the Regular public transport segment. Some of its services include Web Check-in; Print Invoices; Safe Hand Baggage; Travel Insurance and others.