Air T (AIRT) Days Payable: 24.88 (As of Dec. 2025) — Near Median


AIRT Air T Inc AIRT
57 GF Score
Price $22.11
GF Value $23.05
Valuation Fairly Valued
! 5 Warning Signs
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What is Air T Days Payable?

Air T AIRT +8.91% 57 Days Payable is 24.88 as of Dec. 2025, which is 7% above its 10-year median of 23.18. GuruFocus rates AIRT with a GF Score™ of 57/100 and a GF Value™ of $23.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 505 Conglomerates companies, Air T ranks worse than 85.74% on this metric.

Air T's average Accounts Payable for the three months ended in Dec. 2025 was $15.9 Mil. Air T's Cost of Goods Sold for the three months ended in Dec. 2025 was $58.3 Mil. Hence, Air T's Days Payable for the three months ended in Dec. 2025 was 24.88.

The historical rank and industry rank for Air T's Days Payable or its related term are showing as below:

AIRT' s Days Payable Range Over the Past 10 Years
Min: 17.35   Med: 23.18   Max: 26.42
Current: 26.39

During the past 13 years, Air T's highest Days Payable was 26.42. The lowest was 17.35. And the median was 23.18.

AIRT's Days Payable is ranked worse than
85.74% of 505 companies
in the Conglomerates industry
Industry Median: 55.71 vs AIRT: 26.39

Air T's Days Payable increased from Dec. 2024 (19.00) to Dec. 2025 (24.88). It may suggest that Air T delayed paying its suppliers.


Air T Days Payable Historical Data

* Premium members only.

The historical data trend for Air T'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.

Air T Days Payable Chart

Air T Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.44 23.51 18.25 19.87 25.88

Air T Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Days Payable Get a 7-Day Free Trial 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 19.00 23.72 29.64 32.14 24.88

AIRT vs BBXIA, STRR, PLAG: Days Payable Comparison

For the Conglomerates subindustry, Air T'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 T Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Air T's Days Payable distribution charts can be found below:

* The bar in red indicates where Air T's Days Payable falls into.


AIRT
57GF Score
Air T Inc AIRT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Air T 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 T's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (15.072 + 17.782) / 2 ) / 231.659*365
=16.427 / 231.659*365
=25.88

Air T's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (15.771 + 15.997) / 2 ) / 58.261*365 / 4
=15.884 / 58.261*365 / 4
=24.88

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 24.88 mean?
Air T (AIRT) has a Days Payable of 24.88 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Air T and its competitors. This is near median its historical median of 23.18. Over the past decade, Air T's Days Payable has ranged from 17.35 to 26.42. According to the industry distribution chart, Air T ranks #433 out of 505 companies in the Conglomerates industry, placing it in the top 85.7%.
Is Air T's Days Payable too high?
Air T's current Days Payable of 24.88 is near median its 10-year median of 23.18. Over the past 10 years, this metric has ranged from a low of 17.35 to a high of 26.42. The Conglomerates industry median Days Payable is 55.71. Air T's value of 24.88 is 55.3% below this industry median. Based on the distribution chart, Air T ranks #433 out of 505 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Air T has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air T's Days Payable compare to BBXIA and STRR?
According to the Conglomerates industry distribution chart, Air T ranks #433 out of 505 companies for Days Payable. This places Air T in the lower half of its industry. The industry median Days Payable is 55.71. Air T's value of 24.88 is 55.3% below this benchmark. Historically, Air T's own Days Payable has ranged from 17.35 to 26.42 over the past decade. While the company's 10-year median is 23.18 vs. the industry median of 55.71, Air T has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Conglomerates company?
The median Days Payable among Conglomerates companies is 55.71, based on 505 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air T's current Days Payable of 24.88 is 55.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Air T and its competitors. For the Conglomerates industry, the median Days Payable is 55.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air T's current Days Payable is 24.88, which is near median its own 10-year median of 23.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air T stock overvalued right now?
Based on GuruFocus' analysis, Air T (AIRT) is currently considered Fairly Valued. The stock's GF Value™ is $23.05, compared to a current price of $22.11 — trading 4.1% below its estimated fair value. The current Days Payable is 24.88, which is near median its 10-year median of 23.18 and 55.3% below the Conglomerates industry median of 55.71. Air T's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Air T (AIRT), the current Days Payable is 24.88 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Air T (AIRT) Overvalued in 2026?

Based on GuruFocus' analysis, Air T stock appears to be undervalued. The current stock price of $22.11 is trading 4.1% below its estimated GF Value™ of $23.05. GuruFocus considers Air T to be Fairly Valued.

Key valuation signals for AIRT:

  • Days Payable: 24.88 (near median its 10-year median of 23.18)
  • GF Value™: $23.05 vs. price of $22.11 (4.1% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 55.3% below the Conglomerates median (#433 of 505)

No single metric tells the full story. See the AIRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air T Business Description

Other Exchanges AIRTP.PFD:USAGXT:Germany
Address 11020 David Taylor Drive, Suite 305, Charlotte, NC, USA, 28262
Air T Inc together with its subsidiaries provides air freight service to the express delivery industry. The company's operating segments include Overnight air cargo, Ground equipment sales, Commercial jet engines, and parts, Corporate, and Others. The company generates maximum revenue from the Commercial Jet Engines and Parts segment.
57GF Score

Get the complete analysis for AIRT

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.11
Price
$23.05
GF Value