Rainbow Tours (WAR:RBW) Days Payable : 21.33 (As of Dec. 2023)

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What is Rainbow Tours Days Payable?

Rainbow Tours's average Accounts Payable for the three months ended in Dec. 2023 was zł122 Mil. Rainbow Tours's Cost of Goods Sold for the three months ended in Dec. 2023 was zł523 Mil. Hence, Rainbow Tours's Days Payable for the three months ended in Dec. 2023 was 21.33.

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

WAR:RBW' s Days Payable Range Over the Past 10 Years
Min: 9.33 Med: 13.53 Max: 43.62
Current: 14.02

During the past 13 years, Rainbow Tours's highest Days Payable was 43.62. The lowest was 9.33. And the median was 13.53.

WAR:RBW's Days Payable is ranked worse than
90.48% of 756 companies
in the Travel & Leisure industry
Industry Median: 58.165 vs WAR:RBW: 14.02

Rainbow Tours's Days Payable increased from Dec. 2022 (17.31) to Dec. 2023 (21.33). It may suggest that Rainbow Tours delayed paying its suppliers.

Rainbow Tours Days Payable Historical Data

The historical data trend for Rainbow Tours'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.

Rainbow Tours Days Payable Chart

Rainbow Tours Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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10.14

38.23

19.63

13.25

9.84

Rainbow Tours 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															17.31	12.80	16.28	12.56	21.33

Competitive Comparison of Rainbow Tours's Days Payable

For the Travel Services subindustry, Rainbow Tours'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.

Rainbow Tours's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rainbow Tours's Days Payable distribution charts can be found below:

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

Rainbow Tours 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.

Rainbow Tours'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
=	( (73.217	+	74.81)	/	2 )	/	2745.963	*	365
=	74.0135					/	2745.963	*	365
=	9.84

Rainbow Tours'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
=	( (169.774	+	74.81)	/	2 )	/	523.15	*	365 / 4
=	122.292					/	523.15	*	365 / 4
=	21.33

Rainbow Tours Days Payable Related Terms

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Rainbow Tours (WAR:RBW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rainbow Tours SA (WAR:RBW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul: Piotrkowska 270, Lodz, POL, 90-361

Website

https://r.pl/

Rainbow Tours SA is a Poland-based tour operator which provides a range of tour options, including city tours, long-distance airplane trips, package holidays, last minute and last second trips, to various destinations worldwide. The company also offers online flight ticket reservation services.

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