Switch to:

Avis Budget Group Days Payable

: 106.28 (As of Jun. 2020)
View and export this data going back to 1968. Start your Free Trial

Avis Budget Group's Accounts Payable for the three months ended in Jun. 2020 was $389 Mil. Avis Budget Group's Cost of Goods Sold for the three months ended in Jun. 2020 was $334 Mil. Hence, Avis Budget Group's Days Payable for the three months ended in Jun. 2020 was 106.28.

NAS:CAR' s Days Payable Range Over the Past 10 Years
Min: 59.74   Med: 69.27   Max: 83.67
Current: 83.67

59.74
83.67

During the past 13 years, Avis Budget Group's highest Days Payable was 83.67. The lowest was 59.74. And the median was 69.27.

NAS:CAR's Days Payable is ranked higher than
69% of the 840 Companies
in the Business Services industry.

( Industry Median: 48.16 vs. NAS:CAR: 83.67 )

Avis Budget Group's Days Payable increased from Jun. 2019 (72.28) to Jun. 2020 (106.28). It may suggest that Avis Budget Group delayed paying its suppliers.


Avis Budget Group Days Payable Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Avis Budget Group Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.94 66.70 67.30 68.60 73.00

Avis Budget Group Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.28 67.55 79.66 88.61 106.28

Competitive Comparison
* 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.


Avis Budget Group Days Payable Distribution

* The bar in red indicates where Avis Budget Group's Days Payable falls into.



Avis Budget Group 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.

Avis Budget Group's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable=Accounts Payable/Cost of Goods Sold*Days in Period
=378/1890*365
=73.00

Avis Budget Group's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable=Accounts Payable/Cost of Goods Sold*Days in Period
=389/334*365 / 4
=106.28

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Avis Budget Group Days Payable Related Terms


Avis Budget Group Days Payable Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)