Enter Air (WAR:ENT) Days Payable : 29.63 (As of Dec. 2023)

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What is Enter Air Days Payable?

Enter Air's average Accounts Payable for the three months ended in Dec. 2023 was zł179 Mil. Enter Air's Cost of Goods Sold for the three months ended in Dec. 2023 was zł551 Mil. Hence, Enter Air's Days Payable for the three months ended in Dec. 2023 was 29.63.

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

WAR:ENT' s Days Payable Range Over the Past 10 Years
Min: 16.73 Med: 21.07 Max: 52.16
Current: 23.15

During the past 9 years, Enter Air's highest Days Payable was 52.16. The lowest was 16.73. And the median was 21.07.

WAR:ENT's Days Payable is ranked worse than
75.88% of 937 companies
in the Transportation industry
Industry Median: 38.78 vs WAR:ENT: 23.15

Enter Air's Days Payable declined from Dec. 2022 (35.85) to Dec. 2023 (29.63). It may suggest that Enter Air accelerated paying its suppliers.

Enter Air Days Payable Historical Data

The historical data trend for Enter Air'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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Enter Air Days Payable Chart

Enter Air Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.53

52.16

33.66

19.67

16.73

Enter Air Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															35.85	29.35	21.84	22.20	29.63

Competitive Comparison of Enter Air's Days Payable

For the Airlines subindustry, Enter Air'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.

Enter Air's Days Payable Distribution in the Transportation Industry

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

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

Enter Air 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.

Enter Air'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
=	( (113.671	+	106.727)	/	2 )	/	2404.322	*	365
=	110.199					/	2404.322	*	365
=	16.73

Enter Air'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
=	( (251.13	+	106.727)	/	2 )	/	550.996	*	365 / 4
=	178.9285					/	550.996	*	365 / 4
=	29.63

Enter Air Days Payable Related Terms

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Enter Air (WAR:ENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Enter Air SA (WAR:ENT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

10N:Germany

Address

ul. 17 Stycznia 45 B, Ok?cie Business Park, Zephirus building, Warszawa, POL, 02-146

Website

https://www.enterair.pl

Enter Air SA is a polish charter airline. The Company has six permanent operational bases in Europe.

Enter Air (WAR:ENT) Headlines

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