Air Arabia PJSC (DFM:AIRARABIA) Days Payable: 148.76 (As of Mar. 2026) — 395% Above Median

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DFM:AIRARABIA Air Arabia PJSC DFM:AIRARABIA
80 GF Score
Price د.إ5.19
GF Value د.إ3.84
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Air Arabia PJSC Days Payable?

Air Arabia PJSC DFM:AIRARABIA -0.19% 80 Days Payable is 148.76 as of Mar. 2026, which is 395% above its 10-year median of 30.06. GuruFocus rates DFM:AIRARABIA with a GF Score™ of 80/100 and a GF Value™ of د.إ3.84 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 969 Transportation companies, Air Arabia PJSC ranks better than 90.71% on this metric.

Air Arabia PJSC's average Accounts Payable for the three months ended in Mar. 2026 was د.إ2,443 Mil. Air Arabia PJSC's Cost of Goods Sold for the three months ended in Mar. 2026 was د.إ1,498 Mil. Hence, Air Arabia PJSC's Days Payable for the three months ended in Mar. 2026 was 148.76.

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

DFM:AIRARABIA' s Days Payable Range Over the Past 10 Years
Min: 8.88   Med: 30.06   Max: 173.85
Current: 173.85

During the past 13 years, Air Arabia PJSC's highest Days Payable was 173.85. The lowest was 8.88. And the median was 30.06.

DFM:AIRARABIA's Days Payable is ranked better than
90.71% of 969 companies
in the Transportation industry
Industry Median: 38.61 vs DFM:AIRARABIA: 173.85

Air Arabia PJSC's Days Payable increased from Mar. 2025 (132.22) to Mar. 2026 (148.76). It may suggest that Air Arabia PJSC delayed paying its suppliers.


Air Arabia PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for Air Arabia PJSC'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 Arabia PJSC Days Payable Chart

Air Arabia PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.90 31.26 28.86 18.42 17.68

Air Arabia PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 132.22 234.69 184.76 83.49 148.76

DFM:AIRARABIA vs DAL, UAL, LUV: Days Payable Comparison

For the Airlines subindustry, Air Arabia PJSC'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 Arabia PJSC Days Payable vs Transportation Industry

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

* The bar in red indicates where Air Arabia PJSC's Days Payable falls into.


DFM:AIRARABIA
80GF Score
Air Arabia PJSC DFM:AIRARABIA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Arabia PJSC 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 Arabia PJSC's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (237.224 + 352.482) / 2 ) / 6088.132*365
=294.853 / 6088.132*365
=17.68

Air Arabia PJSC's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (352.482 + 4533.151) / 2 ) / 1498.433*365 / 4
=2442.8165 / 1498.433*365 / 4
=148.76

* 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 148.76 mean?
Air Arabia PJSC (DFM:AIRARABIA) has a Days Payable of 148.76 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Air Arabia PJSC and its competitors. This is 395% above median its historical median of 30.06. Over the past decade, Air Arabia PJSC's Days Payable has ranged from 8.88 to 173.85. According to the industry distribution chart, Air Arabia PJSC ranks #90 out of 969 companies in the Transportation industry, placing it in the top 9.3%.
Is Air Arabia PJSC's Days Payable too high?
Air Arabia PJSC's current Days Payable of 148.76 is 395% above median its 10-year median of 30.06. Over the past 10 years, this metric has ranged from a low of 8.88 to a high of 173.85. The Transportation industry median Days Payable is 38.61. Air Arabia PJSC's value of 148.76 is 285.3% above this industry median. Based on the distribution chart, Air Arabia PJSC ranks #90 out of 969 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Air Arabia PJSC has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Arabia PJSC's Days Payable compare to DAL and UAL?
According to the Transportation industry distribution chart, Air Arabia PJSC ranks #90 out of 969 companies for Days Payable. This places Air Arabia PJSC in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.61. Air Arabia PJSC's value of 148.76 is 285.3% above this benchmark. Historically, Air Arabia PJSC's own Days Payable has ranged from 8.88 to 173.85 over the past decade. While the company's 10-year median is 30.06 vs. the industry median of 38.61, Air Arabia PJSC 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 38.61, based on 969 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 Arabia PJSC's current Days Payable of 148.76 is 285.3% 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 Arabia PJSC and its competitors. For the Transportation industry, the median Days Payable is 38.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Arabia PJSC's current Days Payable is 148.76, which is 395% above median its own 10-year median of 30.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Arabia PJSC stock overvalued right now?
Based on GuruFocus' analysis, Air Arabia PJSC (DFM:AIRARABIA) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ3.84, compared to a current price of د.إ5.19 — trading 35.2% above its estimated fair value. The current Days Payable is 148.76, which is 395% above median its 10-year median of 30.06 and 285.3% above the Transportation industry median of 38.61. Air Arabia PJSC's overall GF Score™ is 80/100 with 8 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 Arabia PJSC (DFM:AIRARABIA), the current Days Payable is 148.76 as of Mar. 2026. 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 Arabia PJSC (DFM:AIRARABIA) Overvalued in 2026?

Based on GuruFocus' analysis, Air Arabia PJSC stock appears to be overvalued. The current stock price of د.إ5.19 is trading 35.2% above its estimated GF Value™ of د.إ3.84. GuruFocus considers Air Arabia PJSC to be Significantly Overvalued.

Key valuation signals for DFM:AIRARABIA:

  • Days Payable: 148.76 (395% above median its 10-year median of 30.06)
  • GF Value™: د.إ3.84 vs. price of د.إ5.19 (35.2% above fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 285.3% above the Transportation median (#90 of 969)

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


Air Arabia PJSC Business Description

Address Sharjah Airport Road, AONE Building, Po Box 132, Sharjah, ARE
Air Arabia PJSC is a group of airlines and companies offering travel and tourism services internationally. Its activities include international commercial air transportation, aircraft trading and rental, aircraft spare parts trading, passenger transport, cargo services, aviation training, aircraft repairs and maintenance, as well as travel and tourist agencies, hotels, hotel apartment rentals, representative offices, and document transfer services. The company operates through two segments: Airline, covering air transportation, aircraft rental, passenger transport, cargo services, aviation training, and aircraft repairs and maintenance, and Other, covering travel and tourist agencies, hotels, hotel apartment rentals, representative offices, and document transfer services.
80GF Score

Get the complete analysis for DFM:AIRARABIA

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

د.إ5.19
Price
د.إ3.84
GF Value