FGETF (Flight Centre Travel Group) Days Payable : 2,542.28 (As of Dec. 2024)

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What is Flight Centre Travel Group Days Payable?

Flight Centre Travel Group's average Accounts Payable for the six months ended in Dec. 2024 was $693 Mil. Flight Centre Travel Group's Cost of Goods Sold for the six months ended in Dec. 2024 was $50 Mil. Hence, Flight Centre Travel Group's Days Payable for the six months ended in Dec. 2024 was 2,542.28.

The historical rank and industry rank for Flight Centre Travel Group's Days Payable or its related term are showing as below:

FGETF' s Days Payable Range Over the Past 10 Years
Min: 1119.6 Med: 1717.95 Max: 60072.17
Current: 2866.3

During the past 13 years, Flight Centre Travel Group's highest Days Payable was 60072.17. The lowest was 1119.60. And the median was 1717.95.

FGETF's Days Payable is ranked better than
98.02% of 756 companies
in the Travel & Leisure industry
Industry Median: 57.21 vs FGETF: 2866.30

Flight Centre Travel Group's Days Payable declined from Dec. 2023 (2,613.53) to Dec. 2024 (2,542.28). It may suggest that Flight Centre Travel Group accelerated paying its suppliers.

Flight Centre Travel Group Days Payable Historical Data

The historical data trend for Flight Centre Travel Group'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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Flight Centre Travel Group Days Payable Chart

Flight Centre Travel Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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1,311.27

56,689.09

6,417.21

2,212.45

1,726.68

Flight Centre Travel Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															4,433.15	3,060.78	2,613.53	2,699.45	2,542.28

Competitive Comparison of Flight Centre Travel Group's Days Payable

For the Travel Services subindustry, Flight Centre Travel Group'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.

Flight Centre Travel Group's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flight Centre Travel Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Flight Centre Travel Group's Days Payable falls into.

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Flight Centre Travel Group 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.

Flight Centre Travel Group's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (448.915	+	493.864)	/	2 )	/	99.646	*	365
=	471.3895					/	99.646	*	365
=	1,726.68

Flight Centre Travel Group's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (493.864	+	893.008)	/	2 )	/	49.779	*	365 / 2
=	693.436					/	49.779	*	365 / 2
=	2,542.28

Flight Centre Travel Group Days Payable Related Terms

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Flight Centre Travel Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flight Centre Travel Group Ltd (OTCPK:FGETF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FLI:Germany FLT:Australia

Address

275 Grey Street, South Brisbane, Brisbane, QLD, AUS, 4101

Website

https://www.fctgl.com

Flight Centre Travel is one of the largest travel agencies in the world. The group generates just over 50% of its total transaction value, or TTV, from the corporate market, just under 50% from the leisure market, and the rest from ancillary travel-related businesses. In corporate travel, Flight Centre is a global Top 4 operator operating in over 100 countries, with different brands catering to various customer segments (small and midsize businesses to large enterprises). In leisure, Flight Centre operates a network of over 550 shops generating 70% of the leisure TTV, online channels generating just under 20%, and the rest from independent agents. Over half of group TTV is generated in Australia and New Zealand, 20% from Americas, just under 20% from Europe, and the rest from Asia.