KLMR (KLM Royal Dutch Airlines) Days Payable: 37.11 (As of Dec. 2018)

What is KLM Royal Dutch Airlines Days Payable?

KLM Royal Dutch Airlines KLMR Days Payable is 37.11 as of Dec. 2018.

KLM Royal Dutch Airlines's average Accounts Payable for the six months ended in Dec. 2018 was $1,157.86 Mil. KLM Royal Dutch Airlines's Cost of Goods Sold for the six months ended in Dec. 2018 was $11,389.08 Mil. Hence, KLM Royal Dutch Airlines's Days Payable for the six months ended in Dec. 2018 was 18.55.

The historical rank and industry rank for KLM Royal Dutch Airlines's Days Payable or its related term are showing as below:

KLMR's Days Payable is not ranked ^*
in the Transportation industry.
Industry Median: 38.85
* Ranked among companies with meaningful Days Payable only.

KLM Royal Dutch Airlines's Days Payable declined from Dec. 2016 (38.36) to Dec. 2018 (37.11). It may suggest that KLM Royal Dutch Airlines accelerated paying its suppliers.

KLM Royal Dutch Airlines Days Payable Related Terms

KLM Royal Dutch Airlines Days Payable Historical Data

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The historical data trend for KLM Royal Dutch Airlines'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.

KLM Royal Dutch Airlines Days Payable Chart

KLM Royal Dutch Airlines Annual Data

Trend

Mar04

Mar05

Mar06

Mar07

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

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39.83

38.86

38.36

35.48

37.11

KLM Royal Dutch Airlines Semi-Annual Data
	Mar94	Mar95	Mar96	Mar97	Mar98	Mar99	Mar00	Mar01	Mar02	Mar03	Mar04	Mar05	Mar06	Mar07	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Days Payable	Get a 7-Day Free Trial															39.83	38.86	38.36	35.48	37.11

KLMR vs : Days Payable Comparison

For the Airlines subindustry, KLM Royal Dutch Airlines'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.

KLM Royal Dutch Airlines Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, KLM Royal Dutch Airlines's Days Payable distribution charts can be found below:

* The bar in red indicates where KLM Royal Dutch Airlines's Days Payable falls into.

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KLM Royal Dutch Airlines 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.

KLM Royal Dutch Airlines's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (1162.13	+	1153.584)	/	2 )	/	11389.078	*	365
=	1157.857					/	11389.078	*	365
=	37.11

KLM Royal Dutch Airlines's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

	Days Payable (Q: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2017 )	+	Accounts Payable (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (1162.13	+	1153.584)	/	2 )	/	11389.078	*	365 / 2
=	1157.857					/	11389.078	*	365 / 2
=	18.55

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 37.11 mean?

KLM Royal Dutch Airlines (KLMR) has a Days Payable of 37.11 as of Dec. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on KLM Royal Dutch Airlines and its competitors.

Is KLM Royal Dutch Airlines' Days Payable too high?

KLM Royal Dutch Airlines' current Days Payable is 37.11. The Transportation industry median Days Payable is 38.85. KLM Royal Dutch Airlines' value of 37.11 is 4.5% below this industry median.

How does KLM Royal Dutch Airlines' Days Payable compare to ?

KLM Royal Dutch Airlines' Days Payable of 37.11 can be compared against companies in the Transportation industry. The industry median Days Payable is 38.85. KLM Royal Dutch Airlines' value of 37.11 is 4.5% 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 38.85, based on 963 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. KLM Royal Dutch Airlines's current Days Payable of 37.11 is 4.5% 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 KLM Royal Dutch Airlines and its competitors. For the Transportation industry, the median Days Payable is 38.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KLM Royal Dutch Airlines's current Days Payable is 37.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is KLM Royal Dutch Airlines stock overvalued right now?

KLM Royal Dutch Airlines (KLMR) has a current Days Payable of 37.11. The current Days Payable is 37.11 and 4.5% below the Transportation industry median of 38.85. 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 KLM Royal Dutch Airlines (KLMR), the current Days Payable is 37.11 as of Dec. 2018. 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.

KLM Royal Dutch Airlines Business Description

Industry Industrials Transportation

Comparable Companies

Address Amsterdamseweg 55, Amstelveen, NH, NLD, 1182 GP

Website https://www.klm.com

KLM Royal Dutch Airlines is engaged in network activities, which include air transport of passengers and cargo activities, aircraft maintenance, leisure, and other activities linked to air transport. Its segments are: Network, which generates maximum revenue and includes transportation of passengers on scheduled flights, ancillary passenger revenues, SkyTeam alliance partnership arrangements, block-seat sales, transportation of freight, and sale of cargo capacity to third parties; Maintenance, which provides engine services, component services, and airframe maintenance to airlines and clients internationally; Leisure, which covers charter flights and low-cost scheduled flights operated by transavia.com; and Other segment. It generates maximum revenue from Europe and North Africa.