JAG (Job Aire Group) Days Payable: 0.74 (As of Jun. 2024)


What is Job Aire Group Days Payable?

Job Aire Group JAG Days Payable is 0.74 as of Jun. 2024.

Job Aire Group's average Accounts Payable for the three months ended in Jun. 2024 was $0.05 Mil. Job Aire Group's Cost of Goods Sold for the three months ended in Jun. 2024 was $6.46 Mil. Hence, Job Aire Group's Days Payable for the three months ended in Jun. 2024 was 0.74.

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

JAG's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 38.985
* Ranked among companies with meaningful Days Payable only.

Job Aire Group's Days Payable increased from Jun. 2023 (0.00) to Jun. 2024 (0.74). It may suggest that Job Aire Group delayed paying its suppliers.

Job Aire Group Days Payable Historical Data

* Premium members only.

The historical data trend for Job Aire 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.

Job Aire Group Days Payable Chart

Job Aire Group Annual Data
Trend Dec21 Dec22 Dec23
Days Payable
0.00 0.31 0.39

Job Aire Group Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only 0.00 0.28 0.41 0.49 0.74

JAG vs : Days Payable Comparison

For the Airports & Air Services subindustry, Job Aire 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.

Job Aire Group Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Job Aire Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Job Aire Group's Days Payable falls into.


Job Aire 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.

Job Aire 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
=( (0.015 + 0.039) / 2 ) / 25.532*365
=0.027 / 25.532*365
=0.39

Job Aire 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
=( (0.037 + 0.068) / 2 ) / 6.457*365 / 4
=0.0525 / 6.457*365 / 4
=0.74

* 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 0.74 mean?
Job Aire Group (JAG) has a Days Payable of 0.74 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Job Aire Group and its competitors.
Is Job Aire Group's Days Payable too high?
Job Aire Group's current Days Payable is 0.74. The Transportation industry median Days Payable is 38.99. Job Aire Group's value of 0.74 is 98.1% below this industry median.
How does Job Aire Group's Days Payable compare to ?
Job Aire Group's Days Payable of 0.74 can be compared against companies in the Transportation industry. The industry median Days Payable is 38.99. Job Aire Group's value of 0.74 is 98.1% below this benchmark. 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 38.99, based on 964 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. Job Aire Group's current Days Payable of 0.74 is 98.1% 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 Job Aire Group and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Job Aire Group's current Days Payable is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Job Aire Group stock overvalued right now?
Job Aire Group (JAG) has a current Days Payable of 0.74. The current Days Payable is 0.74 and 98.1% below the Transportation industry median of 38.99. 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 Job Aire Group (JAG), the current Days Payable is 0.74 as of Jun. 2024. 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.

Job Aire Group Business Description

Comparable Companies
Address 7493 N Oracle Road, Suite 221, Tucson, AZ, USA, 85704
Job Aire Group Inc operates as an aviation company by providing pilot services. The company provides staff, and technicians for aircraft, engine inspection, audit, hard-core aeronautical engineering, and aircraft maintenance marketing.