GBTG.WS (Global Business Travel Group) Days Payable : 132.81 (As of Jun. 2024)

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What is Global Business Travel Group Days Payable?

Global Business Travel Group's average Accounts Payable for the three months ended in Jun. 2024 was $359.50 Mil. Global Business Travel Group's Cost of Goods Sold for the three months ended in Jun. 2024 was $247.00 Mil. Hence, Global Business Travel Group's Days Payable for the three months ended in Jun. 2024 was 132.81.

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

GBTG.WS' s Days Payable Range Over the Past 10 Years
Min: 66.24 Med: 87.35 Max: 135.28
Current: 135.28

During the past 5 years, Global Business Travel Group's highest Days Payable was 135.28. The lowest was 66.24. And the median was 87.35.

GBTG.WS's Days Payable is ranked better than
77.28% of 2553 companies
in the Software industry
Industry Median: 49.25 vs GBTG.WS: 135.28

Global Business Travel Group's Days Payable declined from Jun. 2023 (138.19) to Jun. 2024 (132.81). It may suggest that Global Business Travel Group accelerated paying its suppliers.

Global Business Travel Group Days Payable Historical Data

The historical data trend for Global Business 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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Global Business Travel Group Days Payable Chart

Global Business Travel Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

66.24

89.15

85.55

105.73

Global Business Travel Group Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial										138.19	148.43	131.70	128.12	132.81

Competitive Comparison of Global Business Travel Group's Days Payable

For the Software - Application subindustry, Global Business 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.

Global Business Travel Group's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Global Business Travel Group's Days Payable distribution charts can be found below:

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

Global Business 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.

Global Business Travel Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (253	+	302)	/	2 )	/	958	*	365
=	277.5					/	958	*	365
=	105.73

Global Business Travel Group's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (386	+	333)	/	2 )	/	247	*	365 / 4
=	359.5					/	247	*	365 / 4
=	132.81

Global Business Travel Group Days Payable Related Terms

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Global Business Travel Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Business Travel Group Inc (NYSE:GBTG.WS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GBTG:USA

Address

666 3rd Avenue, 4th Floor, New York, NY, USA, 10017

Website

https://investors.amexglobalbusinesstravel.com

Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, It provides a service solution, automated booking, diverse options, system integration, and specialized traveler care. The company also offers Expert Auditor Expert Care and Business Travel App.