Wizz Air Holdings (CHIX:WIZZL) Days Payable : 16.12 (As of Dec. 2023)

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What is Wizz Air Holdings Days Payable?

Wizz Air Holdings's average Accounts Payable for the three months ended in Dec. 2023 was £183 Mil. Wizz Air Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was £1,037 Mil. Hence, Wizz Air Holdings's Days Payable for the three months ended in Dec. 2023 was 16.12.

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

CHIX:WIZZl' s Days Payable Range Over the Past 10 Years
Min: 14.94 Med: 21.67 Max: 40.35
Current: 30.21

During the past 12 years, Wizz Air Holdings's highest Days Payable was 40.35. The lowest was 14.94. And the median was 21.67.

CHIX:WIZZl's Days Payable is ranked worse than
63.45% of 933 companies
in the Transportation industry
Industry Median: 39.08 vs CHIX:WIZZl: 30.21

Wizz Air Holdings's Days Payable increased from Jun. 2022 (12.34) to Dec. 2023 (16.12). It may suggest that Wizz Air Holdings delayed paying its suppliers.

Wizz Air Holdings Days Payable Historical Data

The historical data trend for Wizz Air 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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Wizz Air Holdings Days Payable Chart

Wizz Air Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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35.12

17.35

38.59

23.81

14.94

Wizz Air Holdings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
Days Payable	Get a 7-Day Free Trial															12.34	16.79	18.00	18.81	16.12

Competitive Comparison of Wizz Air Holdings's Days Payable

For the Airlines subindustry, Wizz Air 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.

Wizz Air Holdings's Days Payable Distribution in the Transportation Industry

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

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

Wizz Air 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.

Wizz Air Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (117.026	+	183.239)	/	2 )	/	3668.565	*	365
=	150.1325					/	3668.565	*	365
=	14.94

Wizz Air 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: Mar. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (183.239	+	0)	/	1 )	/	1036.993	*	365 / 4
=	183.239					/	1036.993	*	365 / 4
=	16.12

Wizz Air Holdings Days Payable Related Terms

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Wizz Air Holdings (CHIX:WIZZL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wizz Air Holdings PLC (CHIX:WIZZl) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WZZZY:USA WZZAF:USA WIZZAIR:Hungary WIZZ:UK WI2:Germany

Address

44 The Esplanade, Saint Helier, JEY, JE4 9WG

Website

https://www.wizzair.com

Wizz Air Holdings PLC is one of the fastest-growing airlines in Europe focusing on the Central and Eastern European region. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul routes. Geographically, it derives a majority of its revenue from EU regions.

Wizz Air Holdings (CHIX:WIZZL) Headlines

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