ANZFF (Air New Zealand) Days Payable: 243.33 (As of Dec. 2025) — 27% Above Median


ANZFF Air New Zealand Ltd ANZFF
38 GF Score
Price $0.25
GF Value $0.38
Valuation Possible Value Trap
! 6 Warning Signs
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What is Air New Zealand Days Payable?

Air New Zealand ANZFF 38 Days Payable is 243.33 as of Dec. 2025, which is 27% above its 10-year median of 191.85. GuruFocus rates ANZFF with a GF Score™ of 38/100 and a GF Value™ of $0.38 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 964 Transportation companies, Air New Zealand ranks better than 94.19% on this metric.

Air New Zealand's average Accounts Payable for the six months ended in Dec. 2025 was $597 Mil. Air New Zealand's Cost of Goods Sold for the six months ended in Dec. 2025 was $448 Mil. Hence, Air New Zealand's Days Payable for the six months ended in Dec. 2025 was 243.33.

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

ANZFF' s Days Payable Range Over the Past 10 Years
Min: 155.47   Med: 191.85   Max: 496.45
Current: 244.86

During the past 13 years, Air New Zealand's highest Days Payable was 496.45. The lowest was 155.47. And the median was 191.85.

ANZFF's Days Payable is ranked better than
94.19% of 964 companies
in the Transportation industry
Industry Median: 38.985 vs ANZFF: 244.86

Air New Zealand's Days Payable increased from Dec. 2024 (235.93) to Dec. 2025 (243.33). It may suggest that Air New Zealand delayed paying its suppliers.


Air New Zealand Days Payable Historical Data

* Premium members only.

The historical data trend for Air New Zealand'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 New Zealand Days Payable Chart

Air New Zealand Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 478.90 353.01 157.62 175.65 229.43

Air New Zealand Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 171.29 195.53 235.93 244.23 243.33

ANZFF vs DAL, UAL, LUV: Days Payable Comparison

For the Airlines subindustry, Air New Zealand'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 New Zealand Days Payable vs Transportation Industry

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

* The bar in red indicates where Air New Zealand's Days Payable falls into.


ANZFF
38GF Score
Air New Zealand Ltd ANZFF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Air New Zealand 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 New Zealand's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (521.179 + 604.707) / 2 ) / 895.595*365
=562.943 / 895.595*365
=229.43

Air New Zealand'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (604.707 + 589.699) / 2 ) / 447.917*365 / 2
=597.203 / 447.917*365 / 2
=243.33

* 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 243.33 mean?
Air New Zealand (ANZFF) has a Days Payable of 243.33 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 New Zealand and its competitors. This is 27% above median its historical median of 191.85. Over the past decade, Air New Zealand's Days Payable has ranged from 155.47 to 496.45. According to the industry distribution chart, Air New Zealand ranks #56 out of 964 companies in the Transportation industry, placing it in the top 5.8%.
Is Air New Zealand's Days Payable too high?
Air New Zealand's current Days Payable of 243.33 is 27% above median its 10-year median of 191.85. Over the past 10 years, this metric has ranged from a low of 155.47 to a high of 496.45. The Transportation industry median Days Payable is 38.99. Air New Zealand's value of 243.33 is 524.2% above this industry median. Based on the distribution chart, Air New Zealand ranks #56 out of 964 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Air New Zealand has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air New Zealand's Days Payable compare to DAL and UAL?
According to the Transportation industry distribution chart, Air New Zealand ranks #56 out of 964 companies for Days Payable. This places Air New Zealand in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.99. Air New Zealand's value of 243.33 is 524.2% above this benchmark. Historically, Air New Zealand's own Days Payable has ranged from 155.47 to 496.45 over the past decade. While the company's 10-year median is 191.85 vs. the industry median of 38.99, Air New Zealand has consistently been above 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 Transportation company?
The median Days Payable among Transportation companies is 38.99, based on 964 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 New Zealand's current Days Payable of 243.33 is 524.2% above 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 New Zealand and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air New Zealand's current Days Payable is 243.33, which is 27% above median its own 10-year median of 191.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Air New Zealand (ANZFF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.38, compared to a current price of $0.25 — trading 35% below its estimated fair value. The current Days Payable is 243.33, which is 27% above median its 10-year median of 191.85 and 524.2% above the Transportation industry median of 38.99. Air New Zealand's overall GF Score™ is 38/100 with 6 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 New Zealand (ANZFF), the current Days Payable is 243.33 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 New Zealand (ANZFF) Overvalued in 2026?

Based on GuruFocus' analysis, Air New Zealand stock appears to be undervalued. The current stock price of $0.25 is trading 35% below its estimated GF Value™ of $0.38. GuruFocus considers Air New Zealand to be Possible Value Trap.

Key valuation signals for ANZFF:

  • Days Payable: 243.33 (27% above median its 10-year median of 191.85)
  • GF Value™: $0.38 vs. price of $0.25 (35% below fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 524.2% above the Transportation median (#56 of 964)

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


Air New Zealand Business Description

Address 185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.
38GF Score

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

$0.25
Price
$0.38
GF Value