Regional Express Holdings (ASX:REX) Days Payable: 96.20 (As of Dec. 2023)


ASX:REX Regional Express Holdings Ltd ASX:REX
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What is Regional Express Holdings Days Payable?

Regional Express Holdings ASX:REX 4 Days Payable is 96.20 as of Dec. 2023. GuruFocus rates ASX:REX with a GF Score™ of 4/100.

Regional Express Holdings's average Accounts Payable for the six months ended in Dec. 2023 was A$81.6 Mil. Regional Express Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$154.9 Mil. Hence, Regional Express Holdings's Days Payable for the six months ended in Dec. 2023 was 96.20.

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

ASX:REX's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 38.985
* Ranked among companies with meaningful Days Payable only.

Regional Express Holdings's Days Payable increased from Dec. 2022 (80.08) to Dec. 2023 (96.20). It may suggest that Regional Express Holdings delayed paying its suppliers.

Regional Express Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Regional Express 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.

Regional Express Holdings Days Payable Chart

Regional Express Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.71 38.96 57.00 85.56 82.35

Regional Express Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 120.57 81.66 80.08 107.78 96.20

ASX:REX vs DAL, LUV, UAL: Days Payable Comparison

For the Airlines subindustry, Regional Express 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.

Regional Express Holdings Days Payable vs Transportation Industry

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

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


ASX:REX
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Regional Express Holdings Ltd ASX:REX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Regional Express 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.

Regional Express Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (52.704 + 75.176) / 2 ) / 283.409*365
=63.94 / 283.409*365
=82.35

Regional Express 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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (75.176 + 88.095) / 2 ) / 154.863*365 / 2
=81.6355 / 154.863*365 / 2
=96.20

* 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 96.20 mean?
Regional Express Holdings (ASX:REX) has a Days Payable of 96.20 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Regional Express Holdings and its competitors.
Is Regional Express Holdings' Days Payable too high?
Regional Express Holdings' current Days Payable is 96.20. The Transportation industry median Days Payable is 38.99. Regional Express Holdings' value of 96.20 is 146.8% above this industry median. Overall, Regional Express Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Regional Express Holdings' Days Payable compare to DAL and LUV?
Regional Express Holdings' Days Payable of 96.20 can be compared against companies in the Transportation industry. The industry median Days Payable is 38.99. Regional Express Holdings' value of 96.20 is 146.8% above this benchmark. 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. Regional Express Holdings's current Days Payable of 96.20 is 146.8% 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 Regional Express Holdings 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. Regional Express Holdings's current Days Payable is 96.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regional Express Holdings stock overvalued right now?
Regional Express Holdings (ASX:REX) has a current Days Payable of 96.20. The current Days Payable is 96.20 and 146.8% above the Transportation industry median of 38.99. Regional Express Holdings' overall GF Score™ is 4/100. 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 Regional Express Holdings (ASX:REX), the current Days Payable is 96.20 as of Dec. 2023. 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.

Regional Express Holdings Business Description

Address 81-83 Baxter Road, Mascot, Sydney, NSW, AUS, 2020
Regional Express Holdings Ltd is an Australian-based airline company. The company is engaged in the provision of air services for the transportation of passengers and freight. Its operating segment includes Regular public transport, Charter and other, and Training. The company generates maximum revenue from the Regular public transport segment. Some of its services include Web Check-in; Print Invoices; Safe Hand Baggage; Travel Insurance and others.
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