Transat AT (TSX:TRZ) Days Payable : 35.82 (As of Jan. 2024)

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What is Transat AT Days Payable?

Transat AT's average Accounts Payable for the three months ended in Jan. 2024 was C$295 Mil. Transat AT's Cost of Goods Sold for the three months ended in Jan. 2024 was C$751 Mil. Hence, Transat AT's Days Payable for the three months ended in Jan. 2024 was 35.82.

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

TSX:TRZ' s Days Payable Range Over the Past 10 Years
Min: 16.51 Med: 27.07 Max: 70.21
Current: 42.05

During the past 13 years, Transat AT's highest Days Payable was 70.21. The lowest was 16.51. And the median was 27.07.

TSX:TRZ's Days Payable is ranked worse than
62.8% of 750 companies
in the Travel & Leisure industry
Industry Median: 60.1 vs TSX:TRZ: 42.05

Transat AT's Days Payable declined from Jan. 2023 (38.96) to Jan. 2024 (35.82). It may suggest that Transat AT accelerated paying its suppliers.

Transat AT Days Payable Historical Data

The historical data trend for Transat AT'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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Transat AT Days Payable Chart

Transat AT Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

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30.34

26.97

70.21

28.11

26.36

Transat AT Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															38.96	40.81	49.17	36.16	35.82

Competitive Comparison of Transat AT's Days Payable

For the Travel Services subindustry, Transat AT'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.

Transat AT's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Transat AT's Days Payable falls into.

Transat AT 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.

Transat AT's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (195.088	+	185.188)	/	2 )	/	2632.669	*	365
=	190.138					/	2632.669	*	365
=	26.36

Transat AT's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (185.188	+	404.231)	/	2 )	/	750.689	*	365 / 4
=	294.7095					/	750.689	*	365 / 4
=	35.82

Transat AT Days Payable Related Terms

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Transat AT (TSX:TRZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Transat AT Inc (TSX:TRZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TRZBF:USA 1TJ:Germany

Address

300 Leo-Pariseau Street, Suite 600, Montreal, QC, CAN, H2X 4C2

Website

https://www.transat.com

Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company's core business consists of a Canadian leisure airline based in Canada that is vertically integrated with its other services of holiday packages, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations. Its geographical segments include the Transatlantic, Americas, and others. It operates in one segment namely holiday travel.

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