FLYYQ (Spirit Aviation Holdings) Days Payable: 10.91 (As of Dec. 2025) — 142% Above Median

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What is Spirit Aviation Holdings Days Payable?

Spirit Aviation Holdings FLYYQ -50.00% Days Payable is 10.91 as of Dec. 2025, which is 142% above its 10-year median of 4.50. The stock has 5 warning signs investors should review. Among 968 Transportation companies, Spirit Aviation Holdings ranks worse than 91.12% on this metric.

Spirit Aviation Holdings's average Accounts Payable for the three months ended in Dec. 2025 was $97 Mil. Spirit Aviation Holdings's Cost of Goods Sold for the three months ended in Dec. 2025 was $809 Mil. Hence, Spirit Aviation Holdings's Days Payable for the three months ended in Dec. 2025 was 10.91.

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

FLYYQ' s Days Payable Range Over the Past 10 Years
Min: 2.89   Med: 4.5   Max: 12.45
Current: 12.45

During the past 13 years, Spirit Aviation Holdings's highest Days Payable was 12.45. The lowest was 2.89. And the median was 4.50.

FLYYQ's Days Payable is ranked worse than
91.12% of 968 companies
in the Transportation industry
Industry Median: 38.8 vs FLYYQ: 12.45

Spirit Aviation Holdings's Days Payable increased from Dec. 2024 (3.45) to Dec. 2025 (10.91). It may suggest that Spirit Aviation Holdings delayed paying its suppliers.


Spirit Aviation Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Spirit Aviation 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.

Spirit Aviation Holdings Days Payable Chart

Spirit Aviation Holdings 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 4.47 5.10 4.50 2.89 0.00

Spirit Aviation Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 3.45 0.00 11.57 13.65 10.91

FLYYQ vs APSI, YGMZF, TLSS: Days Payable Comparison

For the Airlines subindustry, Spirit Aviation 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.


Spirit Aviation Holdings Days Payable vs Transportation Industry

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

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



Spirit Aviation 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.

Spirit Aviation Holdings'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
=( (32.385 + 44.079) / 2 ) / 0*365
=38.232 / 0*365
=N/A

Spirit Aviation Holdings's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (149.27 + 44.079) / 2 ) / 808.525*365 / 4
=96.6745 / 808.525*365 / 4
=10.91

* 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 10.91 mean?
Spirit Aviation Holdings (FLYYQ) has a Days Payable of 10.91 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Spirit Aviation Holdings and its competitors. This is 142% above median its historical median of 4.50. Over the past decade, Spirit Aviation Holdings' Days Payable has ranged from 2.89 to 12.45. According to the industry distribution chart, Spirit Aviation Holdings ranks #882 out of 968 companies in the Transportation industry, placing it in the top 91.1%.
Is Spirit Aviation Holdings' Days Payable too high?
Spirit Aviation Holdings' current Days Payable of 10.91 is 142% above median its 10-year median of 4.50. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 12.45. The Transportation industry median Days Payable is 38.80. Spirit Aviation Holdings' value of 10.91 is 71.9% below this industry median. Based on the distribution chart, Spirit Aviation Holdings ranks #882 out of 968 companies in the Transportation industry, which is in the bottom quartile relative to peers.
How does Spirit Aviation Holdings' Days Payable compare to APSI and YGMZF?
According to the Transportation industry distribution chart, Spirit Aviation Holdings ranks #882 out of 968 companies for Days Payable. This places Spirit Aviation Holdings in the lower half of its industry. The industry median Days Payable is 38.80. Spirit Aviation Holdings' value of 10.91 is 71.9% below this benchmark. Historically, Spirit Aviation Holdings' own Days Payable has ranged from 2.89 to 12.45 over the past decade. While the company's 10-year median is 4.50 vs. the industry median of 38.80, Spirit Aviation Holdings has consistently been below 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 38.80, based on 968 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. Spirit Aviation Holdings's current Days Payable of 10.91 is 71.9% below 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 Spirit Aviation Holdings and its competitors. For the Transportation industry, the median Days Payable is 38.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spirit Aviation Holdings's current Days Payable is 10.91, which is 142% above median its own 10-year median of 4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirit Aviation Holdings stock overvalued right now?
Spirit Aviation Holdings (FLYYQ) has a current Days Payable of 10.91. The current Days Payable is 10.91, which is 142% above median its 10-year median of 4.50 and 71.9% below the Transportation industry median of 38.80. 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 Spirit Aviation Holdings (FLYYQ), the current Days Payable is 10.91 as of Dec. 2025. 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.

Spirit Aviation Holdings Business Description

Address 1731 Radiant Drive, Dania Beach, FL, USA, 33004
Spirit Aviation Holdings Inc is a low-fare carrier committed to offering an enhanced travel experience with flexible, affordable options. It flies only Airbus A320 family aircraft, which provides with operational and cost advantages compared to airlines that operate multiple aircraft types. The company operates in a single reportable segment that provides air transportation to passengers.