United Airlines Holdings (BSP:U1AL34) Days Payable : 37.80 (As of Mar. 2024)

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What is United Airlines Holdings Days Payable?

United Airlines Holdings's average Accounts Payable for the three months ended in Mar. 2024 was R$20,211 Mil. United Airlines Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was R$48,797 Mil. Hence, United Airlines Holdings's Days Payable for the three months ended in Mar. 2024 was 37.80.

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

BSP:U1AL34' s Days Payable Range Over the Past 10 Years
Min: 24.5 Med: 29.79 Max: 38.48
Current: 38.14

During the past 13 years, United Airlines Holdings's highest Days Payable was 38.48. The lowest was 24.50. And the median was 29.79.

BSP:U1AL34's Days Payable is ranked worse than
51.34% of 931 companies
in the Transportation industry
Industry Median: 39.47 vs BSP:U1AL34: 38.14

United Airlines Holdings's Days Payable increased from Mar. 2023 (35.93) to Mar. 2024 (37.80). It may suggest that United Airlines Holdings delayed paying its suppliers.

United Airlines Holdings Days Payable Historical Data

The historical data trend for United Airlines 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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United Airlines Holdings Days Payable Chart

United Airlines Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.28

33.59

30.63

32.75

35.39

United Airlines Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															35.93	40.79	37.74	37.07	37.80

Competitive Comparison of United Airlines Holdings's Days Payable

For the Airlines subindustry, United Airlines 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.

United Airlines Holdings's Days Payable Distribution in the Transportation Industry

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

* The bar in red indicates where United Airlines Holdings's Days Payable falls into.

United Airlines 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.

United Airlines Holdings'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
=	( (17808.133	+	18790.733)	/	2 )	/	188730.497	*	365
=	18299.433					/	188730.497	*	365
=	35.39

United Airlines Holdings'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
=	( (18790.733	+	21632.251)	/	2 )	/	48797.06	*	365 / 4
=	20211.492					/	48797.06	*	365 / 4
=	37.80

United Airlines Holdings Days Payable Related Terms

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United Airlines Holdings (BSP:U1AL34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Airlines Holdings Inc (BSP:U1AL34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UAL:USA UAL:Mexico 1UAL:Italy UAL1:Germany

Address

233 South Wacker Drive, Chicago, IL, USA, 60606

Website

https://www.united.com

United Airlines is a major U.S. network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large U.S. peers.

United Airlines Holdings (BSP:U1AL34) Headlines

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