Avianca Holdings (BOG:PFAVH) Days Payable : 91.76 (As of Sep. 2021)

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What is Avianca Holdings Days Payable?

Avianca Holdings's average Accounts Payable for the three months ended in Sep. 2021 was COP1,942,659 Mil. Avianca Holdings's Cost of Goods Sold for the three months ended in Sep. 2021 was COP1,931,919 Mil. Hence, Avianca Holdings's Days Payable for the three months ended in Sep. 2021 was 91.76.

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

BOG:PFAVH's Days Payable is not ranked ^*
in the Transportation industry.
Industry Median: 38.78
* Ranked among companies with meaningful Days Payable only.

Avianca Holdings's Days Payable declined from Sep. 2020 (183.67) to Sep. 2021 (91.76). It may suggest that Avianca Holdings accelerated paying its suppliers.

Avianca Holdings Days Payable Historical Data

The historical data trend for Avianca 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.

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Avianca Holdings Days Payable Chart

Avianca Holdings Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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38.73

23.70

26.29

34.27

70.09

Avianca Holdings Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Days Payable	Get a 7-Day Free Trial															183.67	100.90	84.22	93.97	91.76

Competitive Comparison of Avianca Holdings's Days Payable

For the Airlines subindustry, Avianca 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.

Avianca Holdings's Days Payable Distribution in the Transportation Industry

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

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

Avianca 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.

Avianca Holdings's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (1061733.206	+	1359596.789)	/	2 )	/	6304897.294	*	365
=	1210664.9975					/	6304897.294	*	365
=	70.09

Avianca Holdings's Days Payable for the quarter that ended in Sep. 2021 is calculated as:

	Days Payable (Q: Sep. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2021 )	+	Accounts Payable (Q: Sep. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2021 )	*	Days in Period
=	( (1872569.092	+	2012749.324)	/	2 )	/	1931919.003	*	365 / 4
=	1942659.208					/	1931919.003	*	365 / 4
=	91.76

Avianca Holdings Days Payable Related Terms

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Avianca Holdings (BOG:PFAVH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Avianca Holdings SA (BOG:PFAVH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ph Arifa, Floors 9 and 10, West Boulevard, Santa Maria Business District, Panama, PAN

Website

http://www.avianca.com

Avianca Holdings SA is a company that represents the integrated operation of several airlines that operate nationally and internationally. The company holds investments primarily in passenger airlines, cargo airlines and related activities including tourism, engineering, maintenance and specialized maintenance services. The company has two reportable segments, Air transportation, and Loyalty. The company offers scheduled air passenger transportation services within Colombia and to Central America, North America, South America, and Europe. The company generates the majority of its revenue from Air transportation segment.

Avianca Holdings (BOG:PFAVH) Headlines

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