Air France-KLM (Air France-KLM) Days Payable

: 57.46 (As of Sep. 2023)

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Air France-KLM's average Accounts Payable for the three months ended in Sep. 2023 was $2,898 Mil. Air France-KLM's Cost of Goods Sold for the three months ended in Sep. 2023 was $4,602 Mil. Hence, Air France-KLM's Days Payable for the three months ended in Sep. 2023 was 57.46.

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

AFLYY' s Days Payable Range Over the Past 10 Years
Min: 42.34 Med: 49.37 Max: 62.78
Current: 48.05

During the past 13 years, Air France-KLM's highest Days Payable was 62.78. The lowest was 42.34. And the median was 49.37.

AFLYY's Days Payable is ranked better than
59.55% of 932 companies
in the Transportation industry
Industry Median: 39.565 vs AFLYY: 48.05

Air France-KLM's Days Payable increased from Sep. 2022 (43.69) to Sep. 2023 (57.46). It may suggest that Air France-KLM delayed paying its suppliers.

Air France-KLM Days Payable Historical Data

The historical data trend for Air France-KLM'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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Air France-KLM Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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51.26

48.27

59.39

55.25

43.56

Air France-KLM Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															43.69	45.83	47.11	40.02	57.46

Competitive Comparison

For the Airlines subindustry, Air France-KLM'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.

Air France-KLM Days Payable Distribution

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

* The bar in red indicates where Air France-KLM's Days Payable falls into.

Air France-KLM 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.

Air France-KLM's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2090.395	+	2567.797)	/	2 )	/	19514.83	*	365
=	2329.096					/	19514.83	*	365
=	43.56

Air France-KLM's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2790.899	+	3004.269)	/	2 )	/	4601.921	*	365 / 4
=	2897.584					/	4601.921	*	365 / 4
=	57.46

Air France-KLM Days Payable Related Terms

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Air France-KLM (Air France-KLM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air France-KLM (OTCPK:AFLYY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AFRAF:USA 1AF:Italy AFp:UK 0LN7:UK AF:France AFR0:Germany AFK:Austria

Address

2 Rue Robert Esnault-Pelterie, Paris, FRA, 75007

Website

https://www.airfranceklm.com

Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The Group has four segments which include Network, Maintenance, Transavia, and Other. The Network segment derives key revenue which includes the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. Its geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.

Air France-KLM (Air France-KLM) Headlines

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