Ryanair Holdings (Ryanair Holdings) Days Payable : 31.50 (As of Dec. 2023)

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What is Ryanair Holdings Days Payable?

Ryanair Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $965 Mil. Ryanair Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,795 Mil. Hence, Ryanair Holdings's Days Payable for the three months ended in Dec. 2023 was 31.50.

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

RYAAY' s Days Payable Range Over the Past 10 Years
Min: 12.64 Med: 22.43 Max: 138.85
Current: 49.94

During the past 13 years, Ryanair Holdings's highest Days Payable was 138.85. The lowest was 12.64. And the median was 22.43.

RYAAY's Days Payable is ranked better than
61.8% of 932 companies
in the Transportation industry
Industry Median: 39.565 vs RYAAY: 49.94

Ryanair Holdings's Days Payable declined from Sep. 2022 (47.46) to Dec. 2023 (31.50). It may suggest that Ryanair Holdings accelerated paying its suppliers.

Ryanair Holdings Days Payable Historical Data

The historical data trend for Ryanair 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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Ryanair Holdings Days Payable Chart

Ryanair Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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25.41

53.08

130.85

54.29

45.32

Ryanair Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															47.46	52.89	55.88	31.38	31.50

Competitive Comparison of Ryanair Holdings's Days Payable

For the Airlines subindustry, Ryanair 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.

Ryanair Holdings's Days Payable Distribution in the Transportation Industry

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

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

Ryanair 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.

Ryanair Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1133.26	+	1140.792)	/	2 )	/	9156.531	*	365
=	1137.026					/	9156.531	*	365
=	45.32

Ryanair 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1048.346	+	881.461)	/	2 )	/	2794.983	*	365 / 4
=	964.9035					/	2794.983	*	365 / 4
=	31.50

Ryanair Holdings Days Payable Related Terms

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Ryanair Holdings (Ryanair Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ryanair Holdings PLC (NAS:RYAAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RYAOF:USA RYAAY:Mexico RYA:Ireland 0RYAl:UK 0RYA:UK RY4C:Germany RY4D:Germany RY4C:Germany RY4D:Germany RY4C:Germany R1YA34:Brazil

Address

Airside Business Park, Swords, Dublin, IRL, K67 NY94

Website

https://www.ryanair.com

Ryanair Holdings PLC is the leading airline group by passenger numbers in Europe. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul intra-European routes. In 2020, the most recent pre-pandemic fiscal year, the company carried 149 million passengers, utilizing a fleet of 467 Boeing 737 aircraft across its 1,800 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 8.5 billion in fiscal 2020.